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_Nuba_ t1_jad0rmv wrote

FSKAX is essentially equivalent to FZROX so you can pick one or the other it does not really matter. Adding funds does not add diversification if the funds cover the same thing, so no reason to make it more complicated on yourself.

FSKAX may be more beneficial to keep in a taxable account because you can transfer it out of fidelity if that is something you ever want to do, FZROX cannot be transferred out of fidelity and may force you to pay taxes if you ever want to move the investments.

Your fund choices are good and well diversified.

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vimick OP t1_jad1opn wrote

Thanks for the comment. I think I went with fzrox and FZILX initially because they are zero fee? I'm unsure. I wasn't aware that FSKAX was basically the same.

Is there an equivelent for FZILX for the reason you mentioned previously (being able to transfer it)? Are just the 2 good enough or do you have any additional recommendations?

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_Nuba_ t1_jad2m30 wrote

Yes the funds are 0 fees and Fidelity loss leaders. They are good options if you plan on keeping your money with Fidelity or for money in retirement accounts (because you can sell and transfer without incurring taxes).

I believe FTIHX is close to FZILX similar to how FSKAX is close to FZROX. With just the two you are diversified across the entire world stock market so they are all you need. Whatever you pick they all have very low fees so you can’t go wrong.

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