Are Fidelity 500 Index (FXAIX) Funds a good long-term investment?

Asked 4 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.





Write an answer...

Cancel

Please follow our  Community Guidelines

Related Articles

How To Buy Stocks With PayPal

How To Buy Stocks With PayPal

Andrew Moran

December 23, 2024

Best Indicators for Forex Day Trading

Best Indicators for Forex Day Trading

Filip Dimkovski

December 23, 2024

Can't find what you're looking for?