I recently opened a brokerage account on Fidelity with $2500. The minimum to get into Fidelity's 500 index FUSVX was $10,000, so instead I put everything into the Fidelity Contrafund (FCNTX) since I read good things about it.
How safe is it to keep everything in FCNTX until I have enough in the account to rebalance things into the following asset mix:
FUSVS: 60% (large cap) FSCKX: 10% (mid cap) FSSVX: 10% (small cap) FSIVX: 15% (international) FSITX: 5% (bonds)
A couple side questions: - Is this asset mix reasonable? (25m, 130K base salary) - Why is it that via my 401K I don't encounter these minimum investment limits (in fact, this is my exact asset mix for my 401k)? - In general, is it an ok strategy to use the same asset mixes for 401K, IRA, brokerage etc. ?
Submitted September 11, 2017 at 04:12PM by fcntxthrow http://ift.tt/2eRJ38P
