Tuesday, May 7, 2013

Worthy Fidelity Funds


In the 30+ years I managed investment portfolios for clients, my staff and I cleared our buy and sell orders through Ceros, Jack White, Waterhouse, and Fidelity. Each did a thoroughly good job for us and their people were efficient, nice, congenial, and fun to do business with. Of those, Fidelity was the biggest sponsor of mutual funds. I often put client money (and my own) into various Fidelity no-load mutual funds, and they made lots of money for all of us.  So:

Understandably, we became fans of Fidelity. I remain one—and I can assure you that many of its no-load funds have shown consistency of performance in the last three years—up double digits not only in the last three years but also in the last 12 months and in 2013 to date.

At this writing, such consistency is the reason I believe the Fidelity funds named below are worthy of detailed evaluation by do-it-yourself portfolio managers like you and me: FCPEX, FCPGX, FDCAX, FDSCXFDVLXFEQIX, FEQTX, FGRIX, FLCSX, FLPSX, FMCSX, FMILX, FSLVX, FSMVX, FSPCX, FSTMX, FSVLX, FTQGX, FUSEX.


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