Are Fidelity 500 Index (FXAIX) Funds a good long-term investment?
Asked 5 years ago
How safe are they and are they suitable for longer-term investments or shorter-term investments?
Avik Das
Wednesday, June 23, 2021
Yes, Fidelity 500 Index fund is certainly a good place to invest, especially if you are looking for long-term profits. It has a very low expense ratio which is 0.015%, while it has a long-term 10-year average return of over 12%. However, Fidelity 500 Index fund might not be ideal for short-term investment.
Please follow our Community Guidelines
Related Articles

Fortrade: A Forex and CFD Trading Platform Review
Filip Dimkovski
July 23, 2021

Can You Use MetaTrader 4 With IQ Option?
Andrew Moran
December 22, 2024

Best Indicators for Forex Day Trading
Filip Dimkovski
December 23, 2024
Related Posts
Answers
Andia Rispah Igobwa
How Many Shares per Stock Should I Buy?
Blog
Filip Dimkovski
How to Identify Good Long-Term ETFs to Invest In
Answers
Filip Dimkovski
Should I Open an Investment Account for My Children?
Answers
Filip Dimkovski
Should I Invest in Walmart and Microsoft?
Can't find what you're looking for?
