Time to make my monthly choices on my 401K… first I look at
the S&P500 and see what it says… and currently the chart for SPY is still
pointing down. That means I am going to stay conservative with minimum presence
in the market. I am still staying in the Fidelity Div Intl fund. The only
reason I am in it is because of the painful 2% redemption fee the fund
(Fidelity) charges if I don’t stay a minimum of 29 days. I have just crossed
that threshold and will be looking to pare down further.
If one wants to be more aggressive an follow
my monthly momentum system by itself for putting monies into the top moving
funds, then in my current employer’s choices the picks would be: Fidelity Large
Cap, Fidelity Div Intl fund, Fidelity fund. Fidelity Blue Chip Growth is also a
valid choice behind these three. I am only in Fidelity Div Intl however and
looking to pare down as SPY is pointed down. If SPY points up again, these are
the funds I would go back into.
In my previous employer’s 401K fund choices, one would be in
Domini Social Equity fund, TRowe Price Intl fund and Fidelity Div Intl fund. I
am again only in the Fidelity Div Intl fund.
Here is what that chart looks like
for the Fidelity Div Intl fund…
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