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(REDHAT RHT)should i go full 100 % into fidelity small cap discovery or

Posted on 5/20/13 at 11:52 pm
Posted by vodkacop
Louisiana
Member since Nov 2008
7849 posts
Posted on 5/20/13 at 11:52 pm
keep it at 75% for smallcap and 25% for fdelity growth company? i aint liking growth company much right now due to red hat doing terrible, but it also has apple as one of its top investments. Im 40 and have less than 10k in my 401k and just kicked my percentage up to 10 percent of my check. Anything special i should be doing? What if i have say 200 bucks extra each check what should i do with it? put it into my 401k or maybe start a roth or try my luck picking my own stocks on fidelity? i was always told invest into stuff you yourself use or know about..i can only buy so much stock in vodka and marlboro, wel i probably cant afford marlboro lol. anyways thanks for any and all help.
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 5/21/13 at 8:34 am to
quote:

Anything special i should be doing


Don't concentrate your positions into any individual stocks.

Save more and save consistently over the long term.
Posted by vodkacop
Louisiana
Member since Nov 2008
7849 posts
Posted on 5/21/13 at 1:20 pm to
ok
Posted by vodkacop
Louisiana
Member since Nov 2008
7849 posts
Posted on 5/21/13 at 10:52 pm to
bump for any other suggestions
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 5/21/13 at 11:24 pm to
I remember picking RHT in the stock market game in high school because I saw Cramer pick the stock.

It tanked in 04.
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 5/21/13 at 11:46 pm to
If I were 40, I'd go with just 4 funds, all rated 5-star, @ 25% each:

Fidelity low-price (FLPSX), T Rowe Price health science, Vanguard Dividend Growth, and Vanguard Wellington (35% bonds).

Honorable mention: S&P 500 fund, VIG (ETF tracks Buffett), XLP consumer staples, Vanguard Wellesley (60% bonds).

Do your own research

Posted by vodkacop
Louisiana
Member since Nov 2008
7849 posts
Posted on 5/22/13 at 12:14 am to
quote:

Do your own research


i have been. i dont think fidelity offers t-rowe or vanguard stuff. the small cap discovery i have 75 going to is a 5 star.
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