I’m looking to add bonds to my portfolio all of which is at Fidelity. Looks like VBTLX has an expense ratio of 0.05%. All the ones I’ve found on Fidelity are considerably higher. Am I missing a different uber-low fee comparable fund on Fidelity?
Thank you!January 11, 2019 at 6:28 am MST #180382PedsParticipantStatus: PhysicianPosts: 3344Joined: 01/08/2016
well first, is this an employer plan or a solo 401k?
what options do you have? list them here.
FXNAX is what you are looking for.January 11, 2019 at 6:57 am MST #180391GasFIREParticipantStatus: PhysicianPosts: 161Joined: 01/08/2018
You can purchase BND which is the equivalent ETF for VBTLX.January 11, 2019 at 7:00 am MST #180393
No access to employer 401k yet as a new employee so this for within my and my wife’s 401k as well as our HSA. Have fully funded for 2019 and have a total of about 50k between all accounts now so am trying to use this years contribution to balance to an allocation of 50% US stock, 30% Intl Stock, 20% bond.
FXNAX looks like the one for meJanuary 11, 2019 at 7:01 am MST #180394PedsParticipantStatus: PhysicianPosts: 3344Joined: 01/08/2016Low fees should not be the criteria in which you start to select your funds.Click to expand…
acutally its one of the most important criteria.In fact, the whole low fee craze has added to the average investor performing worse and encouraging bad investment behaviorsClick to expand…
source? cause not true otherwise.Duration- these should be a primary focus.Click to expand…
why? this is a retirement account so the duration is assumed long.We are in a rising interest environmentClick to expand…
so? we will be in falling eventually, then rising again, then falling……what are the 5yr, 7yr, and 10yr returns?Click to expand…
literally the least important thing. past results etc…..Ultimately you will want to make sure this even fits within a properly allocated portfolio and risk tolerances.Click to expand…
this is the first normal sentence.Advisors portfolio was a positive annualized return of +7.77%Click to expand…
you cant just throw up numbers.
my portfolio did +7.78%…..Advisors Portfolio: $3.381 millionClick to expand…
again. throwing up random numbers.
and also you would need to guarantee the next 19 years were the same…………………………….TimParticipantStatus: AccountantPosts: 1789Joined: 09/18/2018
1) What are the funds to be invested in?
2) How to evaluate the alternatives?
Answer the first question carefully. The characteristics of each fund or etf are easily identified. Most individuals need a broad indexed exposure. Forecasting macro interest, duration of the bonds due date are ridiculously hard. You won’t find a bond trader running a bond portfolio or an underwriter. A financial advisor is in no better position to evaluate the future performance.
If FA, wishes to “guarantee” the fantastic outperformance, what could go wrong?
Geez.January 11, 2019 at 9:38 am MST #180477
I’m inclined to ignore pretty much everything you’ve written. You’re example is to suggest that a financial advisor’s cherry-picked stock portfolio so dramatically outperformed the market during the 2008 decline and that you think you can guarantee that for the long run?
I may be a newbie but needless to say, my BS meter is lighting up like crazy.
I’ll stick with FXNAX for my bond allocation…ZzyzxParticipantStatus: PhysicianPosts: 124Joined: 09/24/2018
current fidelity bond index funds:
fxnax = swagx = vbtlx
It’s psychosomatic. You need a lobotomy. I’ll get a saw.January 11, 2019 at 11:13 am MST #180516ZZZParticipantStatus: SpousePosts: 389Joined: 06/18/2018
“I’m inclined to ignore pretty much everything you’ve written.”
Kudos to you orthodoc, by your own admission you’re new at this, but you can already call out the lame financial advice salesman offering up anecdotal cherry picked data. If only you would pay him 2% AUM, he’d guarantee you market doubling returns in perpetuity…