I was thinking about this whether it be for a 3 fund portfolio or other investing strategy. Using portfolio visualizer I entered $100,000 in 100% in both FBGRX (Fidelity BlueChip Growth) and SPY (S&P 500 Index) starting in 1998 till present. Results were:
Final BalanceCAGRStdevBest YearWorst Year
Fidelity Blue Chip Growth $1,061,934 9.54% 18.41%62.23%-38.60%
SPDR S&P 500 ETF Trust $743,360 8.05% 15.61%32.31%-36.81%
So my question is, what are some arguments against using the Blue Chip Growth in place of an S&P 500 or Total US Market Index.
Final BalanceCAGRStdevBest YearWorst Year
Fidelity Blue Chip Growth $1,061,934 9.54% 18.41%62.23%-38.60%
SPDR S&P 500 ETF Trust $743,360 8.05% 15.61%32.31%-36.81%
So my question is, what are some arguments against using the Blue Chip Growth in place of an S&P 500 or Total US Market Index.
Statistics: Posted by David_w — Sat Dec 16, 2023 9:36 am — Replies 1 — Views 40