Comments on: Fidelity Reopens Magellan Fund to New Investments http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/ Helping a unique generation achieve financial independence. Sat, 20 Mar 2010 05:51:25 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: george nick http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-92845 george nick Wed, 05 Nov 2008 12:57:01 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-92845 what is maggelan funds and is it a good investment? what is maggelan funds and is it a good investment?

]]> By: » Roundup: MBN, Thanks For All The Fish on Blueprint for Financial Prosperity http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52607 » Roundup: MBN, Thanks For All The Fish on Blueprint for Financial Prosperity Sat, 19 Jan 2008 17:07:03 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52607 [...] understanding of his background really does help me appreciate it when he discusses news like how Fidelity reopened their Magellan funds. It’s crucial to understand that despite incredible historic returns, so incredible they [...] [...] understanding of his background really does help me appreciate it when he discusses news like how Fidelity reopened their Magellan funds. It’s crucial to understand that despite incredible historic returns, so incredible they [...]

]]> By: » Interesting Articles Money Management And YOU!: Spreading the word about proper personal finance http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52519 » Interesting Articles Money Management And YOU!: Spreading the word about proper personal finance Sat, 19 Jan 2008 08:47:43 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52519 [...] Guide:  Title pretty much says it all, description wise from Blueprint for Financial ProsperityFidelity reopens Magellan  Fund to new investment: Lets you know a little about the history of the fund and what Gen X Finance thinks about it Only [...] [...] Guide:  Title pretty much says it all, description wise from Blueprint for Financial ProsperityFidelity reopens Magellan  Fund to new investment: Lets you know a little about the history of the fund and what Gen X Finance thinks about it Only [...]

]]> By: Fidelity Reopens Magellan Fund to New Investments http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52314 Fidelity Reopens Magellan Fund to New Investments Fri, 18 Jan 2008 05:18:26 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52314 [...] unknown wrote an interesting post today onHere’s a quick excerpt [...] [...] unknown wrote an interesting post today onHere’s a quick excerpt [...]

]]> By: Comment on Fidelity Reopens Magellan Fund to New Investments by … http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52312 Comment on Fidelity Reopens Magellan Fund to New Investments by … Fri, 18 Jan 2008 05:16:09 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52312 [...] Agent_C wrote an interesting post today onHere’s a quick excerpt [...] [...] Agent_C wrote an interesting post today onHere’s a quick excerpt [...]

]]> By: eFIPO.com » Buy When You Are Down http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52161 eFIPO.com » Buy When You Are Down Thu, 17 Jan 2008 12:30:33 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52161 [...] other ways to get a pay off. Diversification could be a winner here if you choose the right fund. Fidelity reopened the Magellan fund; which brought some nice returns even in a pretty crappy market in the 80’s and 90’s. Fidelity [...] [...] other ways to get a pay off. Diversification could be a winner here if you choose the right fund. Fidelity reopened the Magellan fund; which brought some nice returns even in a pretty crappy market in the 80’s and 90’s. Fidelity [...]

]]> By: Houseworks Planner - Credit Report For Your Kids - A Quick Stroll Through My Blogroll http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52000 Houseworks Planner - Credit Report For Your Kids - A Quick Stroll Through My Blogroll Wed, 16 Jan 2008 17:16:35 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-52000 [...] Gen X reminds us that the Magellan fund is now open for new investors. [...] [...] Gen X reminds us that the Magellan fund is now open for new investors. [...]

]]> By: Eric Toya http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51826 Eric Toya Tue, 15 Jan 2008 19:04:25 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51826 I wrote about the same thing this morning. It's interesting that the size of the fund is roughly the same as it was when they closed. I expect they had more redemptions than deposits with new accounts not being allowed to open. So, with the expansion of world market capitalization and the new Lange's strategy of going beyond US large cap to investing in small cap and international, there are far more places for the money to be put to use. But the problem is that it's a totally different fund from the one made famous by Lynch and even from what it was two years ago. What is an investor to expect? We have no idea. I wrote about the same thing this morning.

It’s interesting that the size of the fund is roughly the same as it was when they closed. I expect they had more redemptions than deposits with new accounts not being allowed to open.

So, with the expansion of world market capitalization and the new Lange’s strategy of going beyond US large cap to investing in small cap and international, there are far more places for the money to be put to use.

But the problem is that it’s a totally different fund from the one made famous by Lynch and even from what it was two years ago. What is an investor to expect? We have no idea.

]]> By: Jeremy http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51795 Jeremy Tue, 15 Jan 2008 15:57:29 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51795 It is a surprise to a lot of people I think. But, it certainly isn't the largest fund on wall street any more, but 45 billion is still huge. But you're right, funds that are so large have a hard time reacting to market changes with so much money changing hands. I still own a bit of Franklin Income (FKINX) from years ago, and that fund is even bigger at $61 billion. Of course, with more fixed income it is a bit easier to manage that many assets. Even so, I'm not as comfortable in these mega sized funds. It is a surprise to a lot of people I think. But, it certainly isn’t the largest fund on wall street any more, but 45 billion is still huge. But you’re right, funds that are so large have a hard time reacting to market changes with so much money changing hands.

I still own a bit of Franklin Income (FKINX) from years ago, and that fund is even bigger at $61 billion. Of course, with more fixed income it is a bit easier to manage that many assets. Even so, I’m not as comfortable in these mega sized funds.

]]> By: Frugal Dad http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51736 Frugal Dad Tue, 15 Jan 2008 04:43:44 +0000 http://genxfinance.com/2008/01/14/fidelity-reopens-magellan-fund-to-new-investments/#comment-51736 I read this news today and had to do a double-take. I never thought Magellan would reopen. The fact it is so large is almost a turn-off for me...sometimes the bigger things are the longer it takes them to react to things. Sort of like trying to turn an aircraft carrier on a dime. I read this news today and had to do a double-take. I never thought Magellan would reopen. The fact it is so large is almost a turn-off for me…sometimes the bigger things are the longer it takes them to react to things. Sort of like trying to turn an aircraft carrier on a dime.

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