What's a good aggressive Fidelity mutual fund?

[Quattro Pete]

Currently my Roth IRA is invested in FBALX, but I think this fund is too conservative considering I've got about 25 years left to retirement.

Any recommendations for something a bit more aggressive?

 

[shrooms]

More aggressive means more risk and it looks like adding International would do the trick.

China will continue to grow, no doubt about it.

 

[bepperb]

Putting a portion of that into something like FEMKX, but that's only 2 morningstars, over 1% expense ratio, would be higher risk higher potential return.

 

[Quattro Pete]

Thanks.

What about something like Janus Overseas (JAOSX)? I could purchase it through Fidelity. 5 star with 0.9% expense ratio.

 

[asiancivicmaniac]

Mom has FCNTX and it has grown quite a bit from when she bought it.

 

[ARCOgraphite]

HASCX has performed well in my wife's portfolio. I just added FEMKX to mine. I think I have some FNMIX(?) too. 2009 and the past QTR was an uncommon recovery year though so watch out. Its quick into FBNDX and FTABX when things smell like thay are going south.

 

[lewdwig]

Fidelity Low Price Stock.

 

[Warstud]

At this point I would be aggressively selling all stocks/funds and taking profits and waiting for a better buying opportunity.

 

[Warstud]

Originally Posted By: Warstud
At this point I would be aggressively selling all stocks/funds and taking profits and waiting for a better buying opportunity.



At this point I would be aggressively selling all stocks/funds and taking profits and waiting for a better buying opportunity.

 

[Chris Meutsch]

IF the Magellan fund ever comes available again.....buy it.

 

[dickwells]

Magellan is available but has not performed well for years. Basic poor management. Best fund I can think of as mentioned above is Low Price Stock. Contrafund is good but less aggressive than low price.

 

[ArrestMeRedZ]

I suggest you look at FCNTX (Contrafund) recommended above as a good aggressive fund to hold long term. It's performance was very good when I researched it 16 years ago, and since then it has performed very well. I believe expenses are in the 0.7% range.
Another good Fidelity fund, although a bit less aggressive, is their higher minimum S&P 500 index fund. Expense is 0.04%. Warren Buffet would approve of this choice.

With 25 years left to retirement, a market crash in the next few years would be a good thing for you. That would mean more shares purchased at a lower cost, with plenty of time to recover before you have to make withdrawals.

 

[Dave Hess]

AMZN, not a mutual fund but lots of growrh.

 

[PimTac]

AMZN is a stock. The general rule is 5% of your portfolio in any one stock.

Fidelity has a good website that should steer you towards aggressive funds.

Another option could be ETFs. You can choose market based or sector based ETFs.


This is a question better suited for investing forums.

 

[Dave Hess]

I like QQQ, large and mega cap growth ETFs.

 

[oilpsi2high]

Originally Posted by Quattro Pete
Currently my Roth IRA is invested in FBALX, but I think this fund is too conservative considering I've got about 25 years left to retirement.

Any recommendations for something a bit more aggressive?


How often do you rebalance?

Do they offer a target-date fund? Check that out first.

Also, bogleheads.org has a ton of information on this.

 

[Quattro Pete]

Thanks guys.

FYI, this thread is 8 years old. A spammer necroposted.

 

[Al]

Try any of the fidelity freedom funds like Freedom 2030, 35, 40, etc. I prefer vanguard but if you are stuck with fidelity so be it.

 

[javacontour]

How did the advice from 8 years ago turn out?

Since the thread has been revived, I wonder how the various suggestions panned out.

Originally Posted by Quattro Pete
Thanks guys.

FYI, this thread is 8 years old. A spammer necroposted.

 

[Wolf359]

Originally Posted by javacontour
How did the advice from 8 years ago turn out?

Since the thread has been revived, I wonder how the various suggestions panned out.

Originally Posted by Quattro Pete
Thanks guys.

FYI, this thread is 8 years old. A spammer necroposted.



Well Contrafund has been doing better than Fidelity's S&P 500 index fund over the last 5 and 10 years, about 1-2% points better.