Diego Someone asks:
Does it make more sense to open an investment account and gift it to my daughter (she’s one right now) or open a 529? What are the pros of the 529 vs a custodial UTMA investment account?
Answers:
Daniel W:
We have an taxa…
Someone asks:
What do you think of Fidelity ‘s new active managed ETF $FBCG? I know it’s only 11 months old but so far the returns seem to be there? Do you think they produce they same time of returns as ARK?
Answers
Daniel W:
FBCG has…
Someone asks:
I’ve seen many comments about turnover rates. What exactly is a turnover rate and how important is it to look at when deciding to pick a fund? What is a good rate?
Answers:
Adal G:
It means how frequent they allocate the i…
Someone asks:
How do you make a wash sale go away? It was a mistake I made over a year ago and bought many shares since then.
Answers:
Kyle G:
They don’t “go away” it’s a permanent marker that those losses will be disallowed. There is …
Someone asks:
Is FOCPX worth the expense ratio? Is there a better mutual fund, or am I better off just going with FBGRX and ARKK?
FBGRX vs FOCPX: Fund Objective
The Fidelity Blue Chip Growth Fund (FBGRX) is a mutual fund designed to pro…