I have been using your Fidelity Portfolio in my IRA. Now that they have reopened Fidelity Magellan to new investors, are you going to add it to your recommended portfolio?Absolutely not! First of all, my goal is to have investors own a particular balance of a specific group of asset classes and I want each asset class to be broadly diversified.Magellan is not committed to a particular asset class plus they make big bets on companies and sectors they believe will out perform the market. Sometimes that works and sometimes it doesn’t. Their out performance in 2006 and 2007[...]
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[Source: The Money Blogs]
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