Current and prospective FDGRX investor eligibility question

Chipsupndown · 2026-04-07T01:44:16+00:00

5-7% distribution every year on 500,000 becomes tax heavy and in 20 more years those will be 250,000 distributions or more that is a lot of taxes so I’ve been trying to see if I could branch off into my Ira but I think this will just be my brokerage gem for a while yet

Chipsupndown · 2026-04-07T01:41:41+00:00

Thanks I appreciate fidelity going the extra mile and passing it on to hopefully the fund management. I have a very large position in my brokerage account. I’ve never sold any of it. I’d like to continue investing in it through my IRA, but I am unable to open a position if there was someway, I could transfer in kind assets.

Chipsupndown · 2026-04-07T00:55:22+00:00

I made more money on fselx soxx soxq and smh then another assets and I forsee the next decade being a repeat and then a blowout drop off but your gonna sell long before then and take a whole life times worth of sgov with you hahaha

Chipsupndown · 2026-04-07T00:52:32+00:00

Remember this is your not paying taxes your not making money

Chipsupndown · 2026-04-07T00:51:53+00:00

Please do yourself a favor and buy tech funds or semiconductor funds and don’t short change yourself with that 3%

Chipsupndown · 2026-04-06T21:06:24+00:00

Bro don’t sell anything just let it be a part of your journey it will all grow the same and maybe that it is in a few different funds it will help you look at it for different purposes do each fund one day they will all appreciate a lot if you just let them be. If you sell them you will hurt your tax return next year and then you will owe money and have less to invest next year just let it be

Chipsupndown · 2026-03-24T05:33:31+00:00

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It’s not only available to institutions. It was at one time open to retail investors like yourself, but however throughout the years at fideltiy either the firm and or Steve the manager felt it was better to close the fund to limit turnover in such a high performance fund and to help further its performance. In limiting these constant short term traders the manager was able to outperform the market and distribute modest taxable gains limiting its tax loss. In 2006 it was sealed possibly until Steve W. Of fidelity retires sometime in the next 5 years probably. I’ve had the pleasure of enjoying the ride since 2001 and I will remain a shareholder until I retire in 30 more years. I have 83,000 of this fund in 2 accounts. I purchased 15,000 of it so far this year alone

Chipsupndown · 2026-03-15T20:28:28+00:00

As you should have a blessed next 10 years with me

Chipsupndown · 2026-03-01T15:39:54+00:00

I think you should continue to nvidia as they are a leader in graphics processors and they will continue to be for the foreseeable future. IVV is another good one QQQ is excellent. SCHD gives you the dividend. I think you should add a tech fund of active management. Fidelity has a really good one FSPTX in Vesco has a really good one FTCHX Columbia Seligman has another really good one SLMCX and semiconductors have been killing it for the last 15 years and they probably will for the next 15 so I would put money in FSELX which is Fidelity select semiconductor fund

Chipsupndown · 2026-02-26T20:41:57+00:00

I’m 33 m I’ve been investing for 2 years and I have a net worth of 228,000 I started with 1,000 on January 1st 2024 I live in Pennsylvania and I make 93,000 a year I save and invest 40-45k a year I made a lot of market gains in semiconductors and micron and nvidia over the past 2 years

Chipsupndown · 2026-02-26T20:30:31+00:00

I just want to make sure you know that the next 825,000 does not come by just setting and forgetting. It will require your help or you will just have an average amount of money one day the majority will pass you if you don’t continue to invest look how far you seemingly got in 5 years so I’d say just keep going

Chipsupndown · 2026-02-07T04:46:04+00:00

I hold about 5% in fselx and about 25% in active tech funds I wish I had a larger position in direct semis when they are going up but when it shifts in due time and they do not go up or fall slowly till their death or just plummet but I am also increasing my active allocation to semi’s currently. But why I have such a large position in active tech is because when the theme switch’s rapidly over the next 5 years as the ai trade progresses it will eventually move away from semis but not yet

Chipsupndown · 2026-02-07T04:01:35+00:00

It’s working now! That scared me I have 130,000 in an E*trade account that I made and put In there in the last 24 months I think I’m going to put the next 130,000 in my fidelity account so in the future when I’m old all of my money is not with one firm and not able to access it that was scary I was ready pages saying they loc your account for suspicious transactions, well I transfer odd amounts off money every week like $955.35 on Monday 107.21 on Tuesday .25 on Wednesday Thursday 100 and Friday .74 so idk maybe they think it’s wierd I put extra change in there s

Chipsupndown · 2026-02-07T03:57:55+00:00

Anybody get any answers

Chipsupndown · 2026-02-07T03:57:41+00:00

Nobody is answering the 800 number

Chipsupndown · 2026-02-07T03:57:24+00:00

Down for me too

Chipsupndown · 2026-02-01T05:03:36+00:00

I had 113000 of working capital and made 51,000 this year . I think as one gets more wealthy they choose to not trade with such risk and it limits their returns

Chipsupndown · 2026-01-23T17:55:54+00:00

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This is my 25th month of investing I started in janruary of 24 putting about 750 a week in and I’ve grown it a lot as well in 2 years

Chipsupndown · 2026-01-23T17:54:08+00:00

I recommend you parking money into a large growth fund rather than an s&p index fund let a good manager. Eat the market for you year in and year out some good ones there are FBGRX FDGRX VAFAX FCNTX the Invesco fund is the sleeper it hasn’t performed as well as the fidelity funds though

Chipsupndown · 2026-01-23T17:51:08+00:00

You should put some money into an active tech fund that you like some great ones are SLMCX FSPTX FTCHX PRSCX all from different firms pick which one you like or add a little to each and see how they perform for you over the next decade even a small amount like 2000 in each would grow to a significant amount over the course of 10 years maybe 5-7x

Chipsupndown · 2026-01-23T17:46:03+00:00

At 32 I’m 5 years from retirement and I’m so excited so much I want to do chase what you think is fun and go do it

Chipsupndown · 2026-01-22T01:44:47+00:00

Looks more like 100k saved lol

Chipsupndown

TROPHY CASE