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Edward Jones FA had me in the following funds in my 401k. I need advice.
06-07-2021, 07:30 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Edward Jones FA had me in the following funds in my 401k. I need advice.
Hello. I have a traditional 401k account at Fidelity with my employer with 100% dollar to dollar match up to 6%. My then EJ FA (I left EJ after being with them for 15+ years yesterday, I had Roth IRA with them) had me in the following funds (6 of them) with certain AA. There are 21 fund choices to choose from. I want to simplify things and want to be in just 1 fund. Would that be the best option? I do want 100% equity like VTSAX (I have this in my Vanguard taxable account). I will go with FZROX with Roth IRA.
I have no issue when the market drops dramatically like it did in 2008 and 2020 because I would benefit from DCA.
Current selections:
VANGUARD TARGET 2045 - 16%
FID 500 INDEX - 30%
SMALL CAP VANG SM CP IDX IS PL - 13%
FID GLB EX US IDX - 23%
BOND INDEX FUND - 11%
INTERNATIONAL FUND - 7%.
Choices are: Vanguard Target 2015 to 2065 options and Vanguard Target Inc.
Passively managed index options:
FXAIX.
VSCPX.
FSGGX.
Bond Index Fund.
Actively managed options:
Large Cap Stock Fund.
Small Mid Cap Stock.
International Fund.
Bond Fund.
<My company name> Stable Value.
State: Texas
Age: 43 Male, Single, No kids.
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06-07-2021, 09:46 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Any help would be appreciated.
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06-07-2021, 11:22 PM
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#3
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Full time employment: Posting here.
Join Date: Jul 2014
Posts: 859
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Quote:
Originally Posted by F.I.R.E User
I do want 100% equity like VTSAX....
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Did you mean "don't want" or is "do want" correct?
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06-07-2021, 11:27 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by SevenUp
Did you mean "don't want" or is "do want" correct?
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Do want.
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06-08-2021, 12:15 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 1,979
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Vscpx
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
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06-08-2021, 12:20 AM
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#6
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Full time employment: Posting here.
Join Date: Sep 2016
Location: Way up North
Posts: 561
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If you want to emulate VTSAX with the funds available in your 401K:
85% FXAIX.
15% VSCPX
That gives the best approximation of the total USA market with what's listed. It should be very close performance match. If you want only one fund, the S&P500 index, FXAIX, is the closest one fund approach to VTSAX but will vary in performance a percent point or two, year to year.
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06-08-2021, 12:46 AM
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#7
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Full time employment: Posting here.
Join Date: Jul 2014
Posts: 859
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Quote:
Originally Posted by bada bing
If you want to emulate VTSAX with the funds available in your 401K:
85% FXAIX.
15% VSCPX
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+1
Agrees with Approximating total stock market - Bogleheads
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06-08-2021, 12:54 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 1,979
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Quote:
Originally Posted by SevenUp
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Good suggestion.
But OP did say he wanted "one fund".
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
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06-08-2021, 04:12 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,669
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Passive choices:
Fidelity 500 Index Fund (FXAIX)
Vanguard Small-Cap Index Fund Institutional Plus Shares (VSCPX)
Fidelity Global ex U.S. Index Fund (FSGGX)
100% Fidelity 500 Index Fund (FXAIX) in 401(k)
100% Vanguard Extended Market Index Fund Admiral Shares (VEXAX) in Roth IRA
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06-08-2021, 05:21 AM
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#10
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Moderator
Join Date: Nov 2014
Posts: 9,070
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Also, I wonder what the return is on the stable fund. Unlikely, but it may provide a return above average - higher than CD’s. DW is still in her work 401K because her stable fund pays out 3%, though it is currently closed to new funds. Still, worth knowing.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
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06-08-2021, 07:13 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,871
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Quote:
Originally Posted by F.I.R.E User
Any help would be appreciated.
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It's not clear to me what you're asking. Why just one fund? What does your entire portfolio look like?
Maybe start here: https://www.bogleheads.org/wiki/Bogl...g_start-up_kit
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06-08-2021, 07:22 AM
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#12
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gone traveling
Join Date: Apr 2021
Posts: 74
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Do you want one fund to support a 100/0 AA? How much international equity exposure do you want?
Knowing the expense ratios of your options would be helpful.
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06-08-2021, 11:08 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by RetireeRobert
Vscpx
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To mimic VTSAX or FZROZ?
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06-08-2021, 11:10 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by bada bing
If you want to emulate VTSAX with the funds available in your 401K:
85% FXAIX.
15% VSCPX
That gives the best approximation of the total USA market with what's listed. It should be very close performance match. If you want only one fund, the S&P500 index, FXAIX, is the closest one fund approach to VTSAX but will vary in performance a percent point or two, year to year.
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How did you figure the 85/15 %?
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06-08-2021, 11:44 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by RetireeRobert
Good suggestion.
But OP did say he wanted "one fund".
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Would it be better for me to do one fund?
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06-08-2021, 11:45 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by mrfeh
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Current selections:
VANGUARD TARGET 2045 - 16%
FID 500 INDEX - 30%
SMALL CAP VANG SM CP IDX IS PL - 13%
FID GLB EX US IDX - 23%
BOND INDEX FUND - 11%
INTERNATIONAL FUND - 7%.
These are my current AA.
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06-08-2021, 11:55 AM
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#17
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Moderator
Join Date: Nov 2014
Posts: 9,070
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Quote:
Originally Posted by F.I.R.E User
Current selections:
VANGUARD TARGET 2045 - 16%
FID 500 INDEX - 30%
SMALL CAP VANG SM CP IDX IS PL - 13%
FID GLB EX US IDX - 23%
BOND INDEX FUND - 11%
INTERNATIONAL FUND - 7%.
These are my current AA.
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And you have no other investments or savings outside of your 401K? Just confirming.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
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06-08-2021, 12:00 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,871
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Quote:
Originally Posted by F.I.R.E User
Current selections:
VANGUARD TARGET 2045 - 16%
FID 500 INDEX - 30%
SMALL CAP VANG SM CP IDX IS PL - 13%
FID GLB EX US IDX - 23%
BOND INDEX FUND - 11%
INTERNATIONAL FUND - 7%.
These are my current AA.
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Is that your entire portfolio? You should view your investments in total, not account by account.
If you haven't read the page I linked previously, that's a good place to start.
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06-08-2021, 12:03 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by Jerry1
And you have no other investments or savings outside of your 401K? Just confirming.
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I do.
6 months EF.
Roth IRA (transferring in progress from EJ to Fidelity).
Taxable Vanguard account VTSAX.
ESPP.
Fundrise account.
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06-08-2021, 12:04 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,185
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Quote:
Originally Posted by retireerobert
vscpx
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💯?
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