Hello and happy President's Day!
I recently opened a Fido 403(b) account and have been pleased as I can invest in comparable low cost index fund options.
I am 70% FSTVX and 30% FSIVX in this account. I would prefer to invest in FTIPX for my international allocation, but unfortunately I do not have access to that find through my plan. I am a bit concerned that FTIPX appears to be more diversified as compared to FSIVX which is mostly large cap developed Euro and Asian markets.
I have two IRA accounts and a taxable brokerage through vanguard. Should I just increase my VTIAX holdings in those funds or is the lack of diversification not worth worrying about?
Thanks!
-TheDDC
Fido FTIPX vs FSIVX and Diversification Concern
Fido FTIPX vs FSIVX and Diversification Concern
Rules to wealth building: 75-80% VTSAX piled high and deep, 20-25% VTIAX, 0% given away to banks.
Re: Fido FTIPX vs FSIVX and Diversification Concern
I would either hold total international in Roth/taxable, or hold FSIVX in the 403b and emerging market and small-caps (IEMG and SCHC?) elsewhere. You miss out on Canada, but that's not a huge loss.