murphearlyretirement
Dryer sheet aficionado
I am going to discontinue my Fidelity Portfolio Advisory Service for my IRA, what is a good Index fund to put the IRA into at Fidelity? I am 54.
I am going to discontinue my Fidelity Portfolio Advisory Service for my IRA, what is a good Index fund to put the IRA into at Fidelity? I am 54.
I disagree. I don't see an S&P fund fund as a sector fund. It has multiple sectors. It also is a large cap, not all cap fund. But the OP wanted a S&P500 fundAgree with other posters. S&P 500 is a sector fund. People can get by with it because it is 80% of the US market cap, but it misses mid-cap, small-cap, and REITs. No reason to buy any sector(s) if you can buy them all.
Well, US Large Cap is considered to be a sector by, among others, S&P, Bloomberg, and Morningstar.I disagree. I don't see an S&P fund fund as a sector fund. It has multiple sectors. It also is a large cap, not all cap fund. But the OP wanted a S&P500 fund
Well, US Large Cap is considered to be a sector by, among others, S&P, Bloomberg, and Morningstar.
There are are lots of ways to slice the market pie into sectors, size and geography are common ones.
Sorry. Life is too short to argue about something like this. You don't consider US Large Cap to be a sector? Fine.OK. I looked at morning star and IVV come use as a core S&P fund. XLI comes up as a sector fund. I search is IVV a sector fund and don't see confirmation. Can you direct me to where this info is?
To me this seems to be like saying VO is a sector which it is not. It invests in a style box which contains many sectors.
I may be missing it, but I looked at morningstar and blumburg and did not find confirmation that they are sector funds. Can you direct me to that info?
I am going to discontinue my Fidelity Portfolio Advisory Service for my IRA, what is a good Index fund to put the IRA into at Fidelity? I am 54.
Never pay Wall Street! Brand new FNILX Zero Fee Large Cap saves $300 every year on a one million dollar portfolio over the .03% I also pay at Schwab. Will be moving some more accounts to Fidelity. FREE and FIREd at last.I like the FZROX - Total Market fund with zero fees as my majority portion of my equity exposure. The FXAIX - S&P 500 as mentioned above is another choice which has 1.5 bps fund fees.
ref: https://us.spindices.com/indices/equity/sp-500The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. There is over USD 9.9 trillion indexed or benchmarked to the index, with indexed assets comprising approximately USD 3.4 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.
Zero is a nice rate. I wonder if they will go to negative bps someday, and pay you to stash your future on their computers?Never pay Wall Street! Brand new FNILX Zero Fee Large Cap saves $300 every year on a one million dollar portfolio over the .03% I also pay at Schwab. Will be moving some more accounts to Fidelity. FREE and FIREd at last.
in case you haven't been following very recent developments in this land of new "freedom", here are the other two completely free funds at fidelity FYI:
FZROX broad market
FZIPX. Mid and Small Cap
Never pay Wall Street! Brand new FNILX Zero Fee Large Cap saves $300 every year on a one million dollar portfolio over the .03% I also pay at Schwab. Will be moving some more accounts to Fidelity. FREE and FIREd at last.
in case you haven't been following very recent developments in this land of new "freedom", here are the other two completely free funds at fidelity FYI:
FZROX broad market
FZIPX. Mid and Small Cap
Umm, FZROX is clearly mentioned in my post.....
Agree with other posters. S&P 500 is a sector fund. People can get by with it because it is 80% of the US market cap, but it misses mid-cap, small-cap, and REITs. No reason to buy any sector(s) if you can buy them all.
Thank you. I didn't realize that there were that many from the REIT sector.There is an entire sub-sector in the S&P500 for REITS, Certainly is an included sector ...
So the S&P 500 is then a subcategory/aka sector of the total US market Russell 3000, Wilshire 5000 indices and of the ACWI. My point exactly. I agree.Standard and Poors defines their S&P 500 thing like this:
ref: https://us.spindices.com/indices/equity/sp-500
For that reason, I'll continue to call the index an index, and the sub-categories of the index, "sectors." I couldn't find any references which call the S&P 500 a "sector."
Agreed.... VTI is probably the better choice as a one fund, but only very marginally
Agreed.
Should an investor be ignoring half the world?