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Fidelity brokerage account has $5,000 cash balance to invest in equities. Looking for growth of capital over next 5 years. What would you buy?
Self ^ | April 1, 2021 | Self

Posted on 04/01/2021 7:04:28 PM PDT by 4Runner

Checked The Motley Fool. Can't afford a subscription. Their guru David Gardner is supposed to be the bee's knees.

(Excerpt) Read more at fidelity.com ...


TOPICS: Business/Economy
KEYWORDS: investment
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To: 4Runner

EOG.


21 posted on 04/01/2021 7:19:49 PM PDT by crusty old prospector
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To: BipolarBob

I think PM refers to Portfolio Manager?


22 posted on 04/01/2021 7:20:07 PM PDT by 4Runner
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To: 4Runner

Do you have six months of cash on hand?

If not, don’t invest. Save more.


23 posted on 04/01/2021 7:21:44 PM PDT by Uncle Miltie (Trans Undocumented. Anti Woke Supremacist. Covid Abortionist.)
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To: 4Runner

Might want to check out a target dated index fund from Fidelity. Here’s one - FQIFX

https://www.sofi.com/learn/content/can-you-lose-money-in-an-index-fund/

Good luck.


24 posted on 04/01/2021 7:21:56 PM PDT by sergeantdave (Federal courts no longer have any standing in America. )
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To: 4Runner

I’d invest that in houses and lots...whore houses and lots of whiskey.


25 posted on 04/01/2021 7:22:30 PM PDT by Lurkina.n.Learnin (The veil of civilization is only 9 meals thick. )
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To: Lurkina.n.Learnin
I’d invest that in houses and lots...whore houses and lots of whiskey.

The rest of the money, I would just squander.

26 posted on 04/01/2021 7:23:06 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: 4Runner

Or Precious Metals. Take your pick.


27 posted on 04/01/2021 7:23:49 PM PDT by BipolarBob (Biden/Harris - the regime our Founding fathers warned us about.)
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To: 4Runner

Do you have any debt other than a home loan?

Pay them off first before investing, AND get a HELOC in place.


28 posted on 04/01/2021 7:24:05 PM PDT by Uncle Miltie (Trans Undocumented. Anti Woke Supremacist. Covid Abortionist.)
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To: 4Runner

right now my strategy is “diamond hands.” don’t give wall street or the gov’t anything unless you have no other choice.


29 posted on 04/01/2021 7:24:24 PM PDT by dadfly
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To: DIRTYSECRET

82?


30 posted on 04/01/2021 7:24:33 PM PDT by 4Runner
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To: 4Runner

put it in an index fund... S&P will be 4300 this summer

otherwise, go to Vegas or your local indian casino and put it all on black.


31 posted on 04/01/2021 7:24:51 PM PDT by sheehan (TRUMP WON.)
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To: 4Runner

Take a look at their biotech fund FBIOX.


32 posted on 04/01/2021 7:25:20 PM PDT by grumpa
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To: DIRTYSECRET; 4Runner

82.5 years.


33 posted on 04/01/2021 7:25:26 PM PDT by BipolarBob (Biden/Harris - the regime our Founding fathers warned us about.)
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To: Uncle Miltie

Yes we do.


34 posted on 04/01/2021 7:25:34 PM PDT by 4Runner
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To: 4Runner

I have done reasonably well with the standard buy&hold strategy with Fidelity blue chip, Fidelity utilities, and some Fidelity midcap fund.

The stock I recommend is a Stirling Cycle turbine company called Capstone Turbine. Their sector is due to take off in the next decade with several point-sources of heat developing rapidly.

And if it doesn’t take off it’s still a healthy company. Kind of like buying stock in Levi’s jeans right before the California gold rush.

I also think cruise lines are at their lowpoint & will recover. Pent up demand.


35 posted on 04/01/2021 7:25:48 PM PDT by Kevmo (The tree of liberty is thirsty.)
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To: 4Runner

There’s only one answer: Fidelity’s Standard and Poor’s index fund. It tracks the stock market index and has no management fees. The index funds on average beat over 70% of the managed funds.


36 posted on 04/01/2021 7:26:53 PM PDT by norwaypinesavage (The stone age didn't end because we ran out of stones.)
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To: 4Runner

DLTR


37 posted on 04/01/2021 7:27:20 PM PDT by Bloodandgravy (In despair, remember cheese...)
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To: 4Runner

Buy AT&T stock. Currently paying 7% dividend. Not much stock appreciation if you can buy it around $30 a share.
166 shares pays you quarter .52 cents = $82.63 per quarter. $345.00 per year.
I call it a parking lot because of the high dividend.
I currently have about 8000 shares.


38 posted on 04/01/2021 7:28:32 PM PDT by ncfool (Joe Biden USSA.. United Socialist state of aMeriKa...... 11.3.2020 - President in waiting Kama-la-la)
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To: 4Runner

Getting a lot of interesting avenues of approach. It’s most appreciated.


39 posted on 04/01/2021 7:30:06 PM PDT by 4Runner
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To: 4Runner

It’s never too late to save and invest. We all missed opportunities etc. I rode out 2007 and within a few years was back where I was ... and that was under an Obama administration. Never base investing on politics. However this bunch in power now are much harder left than Obama and markets will be under pressure.

Five years is a pretty short time horizon for investing. I usually think in terms of decades not five years. But you are where you are. What happens in five years? Is that when you retire and need the money?

I am big on high dividend mutual funds. They usually perform a bit less than the overall market but even if the bottom falls out you still have a steady dividend income. So you get some growth and an income stream. I am talking about blue chips that have paid dividends for 50 years or so. Those dinosaurs will still be good for another 10 years or so.

Good luck!


40 posted on 04/01/2021 7:31:28 PM PDT by plain talk
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