Investing Talk

Jane's · Guest

Any thoughts on how valuable the advice is from these people? My husband
and I have been comfortable investing our own money for a long time, but we
are considering letting Fidelity manage it, because my husband will be
retiring soon.

Are these guys just for people who know nothing whatsoever about investing?
On the other hand, with all their research capabilities, can they really do
much better than an individual could?

Thanks. . .

Jane

Flasherly · Guest

On Apr 3, 10:32 pm, "Jane's" <rgs...@verizon.net> wrote:

rono · Guest

Hi Jane,

First of all congrats for hubby (I'm close but no cigar). Second of
all congrats to BOTH of you for having done your own investing and
thereby becoming smart consumers.

Fido is a very good noload full service mutual fund family and along
with Vanguard and TRowePrice, make up the best three of the large
families. That said, I'm not sure what you mean about 'letting them
manage it'. If you have any sort of money involved they will offer
you FREE professional hands on ASSISTANCE. In your case, that's
probably all you need. If they won't, I KNOW Price will as that's
where wifey rolled her pension. She has her own personal contact
(rolled ~$350K) should she need him. He'll call ever so often to see
how she's doing and if there's anything she needs. We don't because I
manage it, but it gives her comfort to know that if I got run over by
a bread truck . . .

I'd guess that if you're talking about total value over $250K,
they'll hold your hand and send you christmas cards and give you any
help you need gratis. However, I'm also sure that if they can
formally manage your money, they'll do that too - for a price. Fido's
price structure would be about as decent as you can find although you
might want to get a second bid from Price.

I think you need a one time deal to help you convert from working and
stashing away to retired and drawing down. If this is the case, you'd
need a one time assistance to help restructure your holdings into
retirement mode. Actually, it's not that drastic a change as much as
a gradual morphing. And honestly, I think you can probably do it
yourself.

The folks around here will help, but this is unmoderated. A very good
website that's free and has a lot of good people is the discussion
board at www.fundalarm.com

You might want to pose this same question over there and see what your
responses are.

good luck,

rono

On Apr 3, 10:32 pm, "Jane's" <rgs...@verizon.net> wrote:

Ed · Guest

I think what you'll get is a cookie cutter approach similar to what you'd
get from one of their target Freedom funds.
http://finance.yahoo.com/q/hl?s=FFFVX

If you enjoy doing it yourself then why stop now?
You could just pick the Freedom Fund that best fits your risk proflie.

"Jane's" <rgsjez@verizon.net> wrote in message
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PeterL · Guest

On Apr 3, 7:32 pm, "Jane's" <rgs...@verizon.net> wrote:

Jerry · Guest

I'm a Fidelity fan, but I don't now look to them for advice. They initially
recommended a balance between stock funds (primarily large and medium cap)
and bond funds. I don't like bonds and just went with the stock funds.
With a brokerage account, you can also buy stocks, of course. My current
allocations do not come close to those originally set up. In decreasing
weighting I use FSLSX, FVDFX, FDFAX, FSHCX, FSCOX, FSENX, FSESX, and FEQIX.
I supplement these with a few stocks and commodities. I periodically review
these along with their other funds and modify accordingly.

Jerry

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