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

What You Need to Know Before Buying Crypto With PayPal
Shir Lapidot
April 21, 2021

Fortrade's Pro Trader App Review: Features, Fees and Accounts
Andrew Moran
June 28, 2021

TradingView: Real-Time Data, Best Brokers, Alternatives and More
Filip Dimkovski
December 23, 2024
Related Posts
Answers
Thorsten Steins
Best Investment Tips for Stock Market Beginners?
Answers
Filip Dimkovski
Should I Open an Investment Account for My Children?
Answers
Filip Dimkovski
Should I Invest Into QQQ or VOO ETF?
Answers
Filip Dimkovski
Should I Invest in Walmart and Microsoft?
Can't find what you're looking for?
