by Anura Guruge
on January 31, 2023
I stumbled upon this TOOL, serendipitously, yesterday when I decided that I wanted to check out some ETF options.
I haven’t dabbled in ETFs (or Mutual Funds) in many years, opting instead on specific shares (much of it (as some of you know) FANG).
But, it is a new year & a new economic climate. So, I wanted to check out my options. I was going to use a traditional screener when I saw this.
I have only spent a few minutes playing with it BUT it looks interesting & useful.
Yes, the recommended ETFs and the suggested allocations change when you chose different investment objectives. YES, it is restricted just to Fidelity & iSHARES ETFs. That is a limitation, but between those two they do offer a fair number of ETFs.
I plan to drill down on this over the next few days.
I wanted to make sure that YOU knew about it.
I just checked. You can use it EVEN IF you are NOT a Fidelity customer, i.e., without having to Logon to Fidelity. That makes sense. This is to an extent a marketing tool for Fidelity & iSHARES ETFs.
Give it a try. Let me know what you think.
