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Edward Jones FA had me in the following funds in my 401k. I need advice.
Old 06-07-2021, 07:30 PM   #1
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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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Old 06-07-2021, 09:46 PM   #2
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Any help would be appreciated.
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Old 06-07-2021, 11:22 PM   #3
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Originally Posted by F.I.R.E User View Post
I do want 100% equity like VTSAX....
Did you mean "don't want" or is "do want" correct?
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Old 06-07-2021, 11:27 PM   #4
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Did you mean "don't want" or is "do want" correct?
Do want.
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Old 06-08-2021, 12:15 AM   #5
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Vscpx
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Old 06-08-2021, 12:20 AM   #6
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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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Old 06-08-2021, 12:46 AM   #7
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If you want to emulate VTSAX with the funds available in your 401K:

85% FXAIX.
15% VSCPX
+1

Agrees with Approximating total stock market - Bogleheads
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Old 06-08-2021, 12:54 AM   #8
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Good suggestion.

But OP did say he wanted "one fund".
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Old 06-08-2021, 04:12 AM   #9
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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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Old 06-08-2021, 05:21 AM   #10
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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.
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Old 06-08-2021, 07:13 AM   #11
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Any help would be appreciated.
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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Old 06-08-2021, 07:22 AM   #12
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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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Old 06-08-2021, 11:08 AM   #13
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Vscpx
To mimic VTSAX or FZROZ?
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Old 06-08-2021, 11:10 AM   #14
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Originally Posted by bada bing View Post
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.
How did you figure the 85/15 %?
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Old 06-08-2021, 11:44 AM   #15
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Good suggestion.

But OP did say he wanted "one fund".
Would it be better for me to do one fund?
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Old 06-08-2021, 11:45 AM   #16
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Originally Posted by mrfeh View Post
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
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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Old 06-08-2021, 11:55 AM   #17
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Originally Posted by F.I.R.E User View Post
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.
And you have no other investments or savings outside of your 401K? Just confirming.
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Old 06-08-2021, 12:00 PM   #18
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Originally Posted by F.I.R.E User View Post
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.

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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Old 06-08-2021, 12:03 PM   #19
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And you have no other investments or savings outside of your 401K? Just confirming.
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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Old 06-08-2021, 12:04 PM   #20
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vscpx
💯?
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