Fidelity recommendation

[mathjak107]

It just didn't sound, to me, as if johnb needs another thing to check/do every week. That's aside fom the whole debate about the worth of the advice.

there is maybe 3 changes a year on average. very few ,most are minor shifts like selling half our small cap fund recently for a more stable large cap but non the less every friday there is a nice market summary for the week and any changes. reading an e-mail is easy enough......

 

[mathjak107]

MATHJAK107. I subscribed to the Fidelity Insight and Fundsnet newsletters for a few years before I felt confident enough to start moving money into the growth portfolio for both my investing money and also retiring monies. I also put my father in-law into the income and perservation portfolio. I wish I had done so sooner as we have been happy with the results. Maybe I could do better but I feel better if I loose money with something I do rather than paying for some hotshot to loose it for me. Thanks for the positive vote on my choices. Jerry

i use 2 different newsletters because theres to much over lap between the same funds in only using 1 newsletter between the different models.

fidelity strategic real return is a fund used in all models of fidelity insight as an example so to avoid having so much of it i use the growth model from fidelity insight for my long term model and i use fidelity monitors income and preservation model for short term as well as their growth and income model for long term money just for diversity

this year the growth and income model is actually ahead of the growth model as the growth model got slightly more defensive and is holding more money in strategic real return just in case inflation kicks up higher than expected and the other 75% of the model takes a hit.

same strategy i guess that pulled us thru the 2,000's with only a 14% drop. We had 25% in fideliy strategic income which not only cushioned the drop but rose too thru the time frame but also served as a source of buying power for more funds later on.