Howdy,

Does anyone know of an equivalent to Bogleheads.org that focuses on Fidelity and their funds?

Thanks!

morningstar.com Discuss "Fidelity Family"

It is not anywhere in the same league as bogleheads.org, but is there

P.S. I think you have to pay a one time $5.00 fee to join MorningStar forums

There is a theme behind being a fan of Vanguard funds -- they're based on a principle. There's no principle that would lead you to like Fidelity.

The people on bogleheads will talk with you about fidelity funds too. Not having a choice of where your 401k money goes isn't uncommon, so they are used to having to work around that.

javaman2003 said:bogleheads main idea is to invest in index funds and live by asset allocation. Those guys will discuss any family of funds.

True, but a few members seem to believe that Fidelity is somehow trying to deceive you with the low expense ratios on their Spartan index funds. They claim that Fido is either trying to lure you in so that you'll buy into their more expensive actively managed funds or that the Spartan expense ratios will be jacked up any day now.

There is lots of good info there, but many are very financially conservative when it comes to things like mortgages, credit cards, and non-Vanguard investments.

Cantecleer said:
It's strange though... I find diehards a good place to learn, and the mentality a bit against the grain considering how many "random john/jane's" are out there just blindly throwing money into a hodgepodge of active funds... but, because of the financially conservative attitude apparent (though honestly not in all members), I'm always mindful that it is probably a very poor place to get advice, or learn about, contrarian indicators/ideas. Indeed, a typical response to most doubts raised about investing, or the EMT = "stay the course, stay the course."

Of course, the numbers favor the bogleheads approach, but I think *some* of the members miss the forest for the trees and the OP should keep a healthy skepticism about the advice given by the bogleheads crowd. I'd say 90-95% of it will be golden, but I bet OP will still need to break from the mold once and awhile.

I've been reading through the forums there and I agree with you. The reason I'm curious about something Fidelity-specific is that I've got a 401k that offers every fidelity fund (including spartan funds, contra, and magellan) and I'd like to take advantage of that if I can.

Cantecleer said:

However, I still think OP can discuss how to fit fidelity funds into your portfolio, and as long as OP starts (probably) each and every post with "I only have Fidelity for my 401k, what would you suggest for....?", I think it will be a very helpful forum. Just be prepared for them to shit all over some of the options, especially bond funds and anything with expense ratios over 1-1.5%. They will still help OP pick "the best of the worst" though.

And I agree the bogleheads info. is good, members are generally very intelligent, and the financial conservatism can be shocking sometimes. But, as long as OP starts a post with something like "Hi, I only have fidelity as an option in my 401k...", they'll give good advice and (probably) even forgo explaining why fidelity is awful and fund XYZ would be so much better.

It's strange though... I find diehards a good place to learn, and the mentality a bit against the grain considering how many "random john/jane's" are out there just blindly throwing money into a hodgepodge of active funds... but, because of the financially conservative attitude apparent (though honestly not in all members), I'm always mindful that it is probably a very poor place to get advice, or learn about, contrarian indicators/ideas. Indeed, a typical response to most doubts raised about investing, or the EMT = "stay the course, stay the course."

Of course, the numbers favor the bogleheads approach, but I think *some* of the members miss the forest for the trees and the OP should keep a healthy skepticism about the advice given by the bogleheads crowd. I'd say 90-95% of it will be golden, but I bet OP will still need to break from the mold once and awhile.

As a Boglehead, frequenter of bogelheads.org, and stuck with a Fidelity 401k plan myself, I agree that the Bogelhead forum is a great place to learn about the principles of Indexing and Asset Allocation. They are more than willing to help with any Fund Family - along those lines. If you prefer a strategy of Active Management Funds, Contrarian thinking, and/or finding that "hot" stock, you would probably be best served elsewhere.