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Originally Posted by safari
I wish I had $100K to invest
By the way, with $100K minimum I can get Fidelity Advantage Class shares of Spartan 500 Index Fund with 0.07% expense ratio http://personal.fidelity.com/product...html?315912824
Thanks for your reply Lux, I think I am leaning toward Fidelity. I have my 401k with them and like their interface.
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Fidelity and Vanguard are both great companies.
One thing to consider is that Fidelity's Spartan 500 Index Fund is something of a 'loss leader' for them (ie, they offer it hoping that investors will buy other funds with higher expenses and make money for their managers later). If you invest in only one fund, the Spartan 500 would get my vote- if you're planning on diversifying later (and want to stay within the same company) you may want to compare expense ratios between similar funds offered at Vanguard and Fidelity.