FSPGX is a Russell 1000 Growth index fund (which is the gold standard index of this type). Can't go wrong with this one!
I am sure fidelity has parallel ETF versions of those mutual funds that can be purchased and auto invested.
FBCG is the ETF version of FBGRX. Not 100% the same, but close enough to have nearly identical returns. As for FDGRX, no ETF for this one, probably since the fund is closed to new investors.
The only way the math works out is if the biweekly paychecks are massive… good for you. It isn’t easy to have a job that allows you the flexibility to be on the Rutgers football forum as much as you are and still make huge amounts of money.
Multi-tasking is an art form. Been wired like this all my life.
Cursory evaluation suggests that FBCG and FBGRX have similar returns. I haven’t done a deep dive into holdings. FDGRX trails the other 2 in returns and has a higher expense ratio.
FBGRX has slightly better returns over 1 and 3 years. FDGRX has the better 5 and 10 year returns. Overally, FDGRX is slightly less volatile and is run by Steve Wymer, who is definitely Fidelity's best fund manager and quasi lead of all actively managed growth funds. The manager for FBGRX is one of Wymer's former analysts. They work together and align on many things.
That's amazing. Giroux took over PRWCX in 2006, so 18 years and counting. I got into Capital Appreciation several years ago when I converted my old TRP 401K to a rollover IRA. I'm in their I-shares class, which comes with a nice fee discount. Speaking of New Horizons, I rode that one from late 2005 to early 2022 when I saw the manager change was going to be bumpy.
To the moon, at the very least.
Wow 20%. Below $80.
Low 80s is support from the 2022 lows but we'll see if it holds. If not, 60s low 70s not out of the question. Apparel isn't the best category but there have been some better performers so they have work to do. I think they can but it may take some time.
Stephanie Link gave a lukewarm at best keep a watch on NKE (not at current levels though) but wasn't happy with the management team and not being able to beat the very low expectations. I like her and she was in GE ans META just like I was and also in MMM which I have mentioned....strategic bottom fisher.
I was going to buy NKE but bottom fishing stocks other than Tech is dangerous. I see my CRM has turn around but also waiting on IBM, UPS, and JNJ.
I sold out like 100 pts ago and haven’t found the re-entry point. Now I have an excuse 😀
CRM and the cybersecurity stocks that dipped last month were screaming buys. Those that did have been rewarded.
We are getting our pullback in RIVN. I already have enough so won’t be buying. A move down to $11.5-12 seems like the path to least resistance.
Sounds like a plan, thanks! Will definitely pull the trigger on leap calls if it gets back to this range.
I noted it was pushing $200 earlier but was knocked back, wonder if that round number is a sell point for some holders.
If there are sellers, I bet there will be more buyers. AMZN has a lot of momentum now.....sentiment and technicals.
