Here are two multi/alternative strategy funds, with excellent risk/reward records, that a conservative retiree might also consider and that are available NTF at Fidelity:
- AQR Diversifying Strategies N (QDSNX) has a 3-year total return of 10.9% and a SD of 7.0%.
- JP Morgan Hedged Equity (JHQAX) has a 3-year total return of 6.7%, a 5-year return of 9.0%, and a SD of 9.3%.
Good luck,
Fred

I stopped paying their $250 a year fee as I was not using most of the thousands (!) of recommendations.
Anybody got the article without the paywall?

Entered order today for next-to-last sliver of NEAGX per the same reasons as last BUY.

Good trade on GOOG. I hope it works out with NVDA as well.
Just curious, Do you mind sharing what %age of your portfolio you anticipate is your NEAGX position? Thanks

Thanks and sure.
BTW, GOOGL is back at the price we BOT it and then SOLD it within 10 days for 6%. We are entertaining a repeat ride on it in addition to our current NVDA play.
We have LT experience with fellow high-flyer FSELX so we are comfortable with it at 10%.
We are conversely very new to NEAGX, having watched it for a year or more but never taking the plunge until this year. We are building it to no more than 5% for the time being, but MAY increase it IF IF IF SCs start to show signs of full participation and outperformance.
NEAGX MAY only be a 2024 holding while we will likely be taking FSELX to our graves, so to speak. Per venerable M* poster: "Volatility is the price we pay for growth!"
EDIT_1: BTW, SMCI is getting hammered again today for anyone looking at NEAGX as a possible SCG play.
EDIT_2: NVDA, DOWN over 6%, came knocking and we obliged by adding a 2nd sliver.

Entered order today for next-to-last sliver of NEAGX per the same reasons as last BUY.
Also, could not resist starting position in NVDA today with first BUY while it was DOWN ~6%, a rare event indeed. Will be monitoring price action closely thru earnings announcement after the bell on Wed, in case anyone is not aware of it. It's carrying a +/-11% possible swing into the announcement. Today's DROP may be part of all that already, as many happy owners may be booking gains in advance. Plan here is same a recent GOOGL trade: If we can make a quick 5%-15%, may cash it in for a ST play, otherwise, will hold LT.

According to https://citywire.com/wealth-manager/news/fidelity-merges-japan-small-cap-fund-due-to-dwindling-assets/a2436589 FJSCX is being merged into the Fidelity Japan fund.

Range-bound. That's where my portfolio is. 54 stocks, 37 bonds 7 cash.
Just thought I'd mention it. Getting impatient. Tonight, I'm sitting just off my OLD high-point, at the start of '22, before the interest rate hikes. Financials, Energy, Tech and Healthcare are where I'm most concentrated. In that order. Bonds have come up, yes. But not "so'z you'd notice."
I really don't want to pile into a horrifically crowded tech-trade right now. Arm, A.I., Facebook, Google, Amazon. And some of my stuff is holding WFC as a top holding. Makes me want to gag. Criminal suck-bag banksters. All of the huge banks are that way.
Interest rate cuts will help. Earnings have pretty much been coming in hot for 4Q '23. Still not much of a difference in MY portfolio. Stinky poopy. Meanwhile, tempus fugit.
---End---

I'm still about 5% down from my January 2022 high, but I don't care; my bond income has gone up. I'm fine if rates stay normalized.

Crash,
Any Utilities in that 50 something stock portfolio? Most I own are yielding around 4% or better.

"Mushingstar" X-Ray tells me 7.14% of my stocks are in utilities. I own no single-stock Yoots. Checking my biggest holding, PRWCX. 40% of my total portfolio. It holds almost 9% in Yoots.
Ameren.
Xcel Energy.
Exelon
Those are the top 3. I can't find a Yoot that satisfies me in terms of just simple P/E.
For yield, I'm in junk. Own a still smallish regional bank, yielding 4.4%. (BHB.) Oil/gas midstream ET offers 8.9% yield. Pretty nuts. I love it.

Crash,
Any Utilities in that 50 something stock portfolio? Most I own are yielding around 4% or better.

@hank, Also Fidelity tool is very good to analyze your portfolio and % exposure to certain stocks, although not as neatly as those from M* portfolio X-ray analysis. T. Rowe Price used to make the M* too available to their investors, but now they only want those with $250K invested with them.
I also use the Fidelity tool for retirement planning analysis on several scenarios including expecting returns and inflation. We will do fine even at the worst scenario as long as we maintain our health. Glad to hear you are enjoying life.

@Crash- just curious- at your branch do you really need an appointment to do ordinary stuff, or just to reserve a time slot with the manager or an account specialist?
Thanks- OJ

Surely for more lengthy conversations, an appt. is called for, like my very first visit in there. There is a further, follow-up item: I must get a TRP statement printed, but I own no printer. So he just asked what time I'd like to come in, and I'll simply login at TRP while I'm sitting there with my guy at Schwab, and he can take a screen grab or print the pertinent info. He's telling me that in about 5 years, this can all be done more seamlessly, online. But not yet. And we did need my wife's signatures on the joint brokerage account and also her IRA, to get it under the Schwab umbrella, anyhow.

@hank. Looks bleak. And way too cold. I'm at 52 Stocks 39 bonds 7 cash 3 other.
After a dividend just arrived, ET is the biggest single-stock position. 5% of total portfolio. Among funds, PRWCX remains very, VERY near 40% of total.

:)
There was a fun pre-show here. Several people took part. Not cast members, just volunteers. Maybe paid volunteers? When I entered, there were two women all in red sequins. They were singing cabaret numbers, old standards. Then, boom: they broke into the Flower Duet song from Lakme. It was marvelous!

OTC trades at Schwab $6.95.
El Grande Stinko. Guess I'll be avoiding that.

@msf, series 6,7 or 112 doesn't matter that much. The facts at least for me over the years is that all the Fidelity reps who contacted me tried cookie-cutter ideas and pushed their agenda which would cost me money. Schwab never did, and my rep is willing to put the extra effort my way, still for free.
TT and the rest are peanuts...I saved hundreds and sometimes thousands.
1) Every time I buy I share funds, Schwab waives the fee which is $50 (49.95). I usually deal with I share funds. I have 5 accounts. At least 4 trades per year per account = 20 * $50 = $1000.
At fidelity, the next day I must buy the remaining 10% and that doubles the amount to $2000.
2) Every time I sell a fund, I buy the next fund on the same day, it takes me less than one minute at Schwab and I buy at 99.5% of the selling proceeds. At Fidelity, I have to call a rep, half refuse to do it. It takes 15-20 minutes with annoying reps and they finally do it. But wait, I can only buy 90% of the sell proceeds. Fidelity reps lie saying it's a SEC rule.
So, I sell at least one million, at Fidelity they will buy only $900K. Most times the switch is pretty good and I make just an extra 0.1-0.2%.
0.1% on $100K is just $100. Suppose it happened only 5 times = $500
3) This is the biggest difference. Schwab has more funds I like and most times months earlier. I invested a lot in a fund that made just 1% more than my other bond funds, it's available at Schwab but not Fidelity. Do you know how much is 1% more? in my case close to $20K. My specialty is to find small AUM newer bond funds with very smooth uptrends.
4) Over the years, every time I transferred cash from a 401K to Fidelity and asked for one time to waive the $50 fee to buy an I share fund either it was denied or I had to spend 15-20 minutes and argue with a supervisor and I'm like "I just transferred $250K and you can't waive the $50, really?" Schwab always made an effort to work with me.
5) I started using TaxHawk for at least 10 years. It has many options. Fed is always free. State is $15. If I want to save the $15 I can just copy from the software and mail it to my state. I don't care about $15. Maybe one day GA will have a free online e-file service.
Other than that, Fidelity is great, the only problem, I know about Schwab.
BTW, years ago after Charles Schwab, the LT founder and CEO, stepped down, Schwab lost its heritage after several years and fees crept up. I changed back to Fidelity. Charles came back, and mojo came back, I switched too. I keep accounts at both. I have no bone in this fight, I go where I can save/make more money for my investing trading style.

@msf "I brought in a ton of money this year as I continue to consolidate holdings."
Coinage, you're talking about. How many $1 bills to make a ton ?
I couldn't resist, Derf
Added "However, if you wanted your million in single dollar bills, that same amount of money would weigh a metric ton (2,204.623 pounds).
https://goodcalculators.com/money-weight-calculator/
© 2015-2024 goodcalculators.com

I brought in a ton of money this year as I continue to consolidate holdings. AFAIK that boosts the odds, but no one really knows how Fidelity decides to provide TT for free.
I was prepared to go to Costco while they were still selling Deluxe for $44.99 - $34.99 net after counting the included $10 credit. (The Fidelity $5 "free" download is for TT Premier, but I've never found any extra value in that.)

I was assigned a Schwab rep. The guy is a pro with vast knowledge, has Series 7, 63, 66 Securities Licenses
From Schwab: "Dedicated Financial Consultants are generally made available to clients with $500,000 or more in assets at Schwab and more complex investing needs."
https://www.schwab.com/invest-with-us/professional-advice
From FINRA: "The Series 7 exam ... assesses the competency of an entry-level registered representative to perform their job as a general securities representative."
https://www.finra.org/registration-exams-ce/qualification-exams/series7
Regarding Series 63, "The Series 66 is a combination of Series 63 and Series 65 and allows securities industry professionals seeking to transact securities business as a broker-dealer agent and provide investment advice for a fee as an investment adviser representative."
https://mastercompliance.com/2022/11/understanding-the-difference-series-63-series-65-or-series-66/
Much as an AA degree can be just a stepping stone to a BA, it sounds like a series 63 license can be a stepping stone to a series 6 license.
In any case, most assigned reps at Fidelity and Schwab have Series 7 and 66.
https://digital.fidelity.com/prgw/digital/faa/0/connect-with-an-advisor
https://client.schwab.com/public/consultant/find
As to free services, it really depends on what you want and how you use the services. For example:
- Schwab charges at least $15 for an international wire; at Fidelity they're free. I typically send a small number of international wires a year. Most people don't.
- Fidelity gave me free Turbotax (this year it's $5 to download). Its value more than compensates me for the few $5 auto-purchase fees I pay. Other people trade more frequently and have said they cut deals with Schwab.
- OTC trades are free at Fidelity; at Schwab they cost $6.95. But I trade stocks infrequently and never trade penny stocks. This may matter to others.
Medallion stamps - Schwab would send my paperwork over to the next county to stamp; Fidelity stamps my papers while I wait. This is another infrequent need.
Schwab and Fidelity are both fine organizations. IMHO these differences are just noise around the edges. If Schwab works for you, that's great. If you're happier with Fidelity, more power to you. If you want to split the difference and have accounts at both places, go for it.
Trekkie vs. trekker, more than you ever wanted to know:
https://memory-alpha.fandom.com/wiki/Trekkie
And get a life (Shatner, SNL):
https://www.dailymotion.com/video/xmagzq

[snip]
Saw this one LIVE here, last night. A great evening.
Money is not everything.

Visited Pagliacci here, last night. A great experience.
No clowning around!
Pizza is not everything but...
https://www.pagliacci.com/order/products/113

Photo & Article from this Week’s Barron’s
“Last week’s Investors Intelligence sentiment survey showed the highest percentage of self-described bulls since the summer of 2021. Market strategists have been raising year-end price targets for the S&P 500. The Cboe equity put/call ratio is about as low as it gets historically, meaning more bets on rising stock prices than falling. Fund flows have been strong, even with the S&P 500 trading at a demanding 20.5 times 12-month forward earnings.”
”The Stock Market Is Melting Up. Prepare for a Short-Term Correction.” - Nicholas Jasinski
Barron’s 2/19/24

Never have had a mortgage. I'll be 70 in July.
Portfolio: I survived yesterday. A juicy ET dividend due on Feb. 20 has already appeared in the brokerage acct--- still in TRP. A week and a half longer, and the expected PSTL divvie will come. I'll drop that puppy, after that money settles in the account.
Performance: down on the day on Friday, up for '24 by just a fraction, still. Just about "even-Steven" from the end of '23.
Would you kill for love? Saw this one LIVE here, last night. A great evening.
Money is not everything.