Hello! First post, excited to be here. I do have a question and it is in regards to Fidelity Mutual funds versus the Fidelity Index Funds. I currently have a portfolio of the following securities (I recognize certain mutual funds hold very similar stocks):
- FCNTX: Fidelity Contrafund
- FOCPX: OTC Portfolio
- FSCSX: Select Software & IT Service
- FSMEX: Select Medical Technology & Devices
- FSPTX: Select Technology
- FSRPX: Select Retailing
I've been invested in these since July 2018, so still pretty new to the investment game. This is a regular brokerage account and I pay tax on the capital gains that are distributed from these...which relates to a recent post of loving cap gains vs hating the tax liability they generate.
Looking for some general opinions on what this mix is compared to just having a mix of only 3 or 4 good index funds. Thanks!