Fidelity's reduction in min to invest in cheap index funds

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Fidelity's reduction in min to invest in cheap index funds

Postby xpat73 » Sun Dec 30, 2012 1:25 pm

Does Fidelity's recent reduction in min to invest to get into cheap index stock and bond funds make them as good as, or even better than, Vanguard?

Now you can get into .07 er Index funds for $10,000 (previous was $100,000)
You can get into .1 index funds for $2,500 (previous was $10,000)

See below.

http://www.fidelity.com/static/dcle/Ins ... 121112.jpg


http://www.fidelity.com/inside-fidelity ... areholders

Fidelity Lowers Investment Minimums on 16 Index Funds and Six Enhanced Index Funds, And Reduces Expenses on Eight Index Funds to Among Lowest in Industry
xpat73
 
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Re: Fidelity's reduction in min to invest in cheap index fun

Postby KyleAAA » Sun Dec 30, 2012 1:29 pm

They are just now catching up with Vanguard in price. Vanguard has had $10,000 admiral shares for a while now. But yeah, I'd say Fidelity's Spartan funds are worth substitutes. I would gladly invest in either in my 401k if I had them.
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Re: Fidelity's reduction in min to invest in cheap index fun

Postby sscritic » Sun Dec 30, 2012 1:35 pm

xpat73 wrote:Does Fidelity's recent reduction in min to invest to get into cheap index stock and bond funds make them as good as, or even better than, Vanguard?
...
121112.jpg

That last number looks like a date, 12/11/12. From that date:
viewtopic.php?f=10&t=106809
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Re: Fidelity's reduction in min to invest in cheap index fun

Postby xpat73 » Sun Dec 30, 2012 2:09 pm

sscritic wrote:
xpat73 wrote:Does Fidelity's recent reduction in min to invest to get into cheap index stock and bond funds make them as good as, or even better than, Vanguard?
...
121112.jpg

That last number looks like a date, 12/11/12. From that date:
viewtopic.php?f=10&t=106809


Thanks - looks like I was late to the party!
xpat73
 
Posts: 33
Joined: 16 Jan 2011


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