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Fidelity Balanced Vs. Dodge & Cox Balanced
NewBoglehead 05-06-2008, 3:04 PM | Post #2515230 |  17 Replies
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Hi, I learned that the Dodge & Cox Balanced Fund has reopened to new investors.  This interested me at first because I have heard glowing reviews of the fund but could not buy into it.  However, with much of my 401k) in the Fidelity Balanced Fund, I have a high regard for Fidelity Balanced.  In doing a quick comparison on fees and 5-yr performance, it appears that Fidelity Balanced outperforms D&C Balanced by a couple percentage points.  I'd like to place my taxable funds in the Fidelity Balanced but wonder if this is the way to go as opposed to Dodge & Cox.  Thanks.     
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Hey New Boglehead
SailerBob 05-18-2008, 6:17 PM | Post #2519310
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You said:  I called D&C again today asking about what they are doing to address their large holdings of financial services stocks, which helped cause the fund to decline about 13%

 

In this week's SmartMoney magazine one of the writers commented that financial stocks and retail will  probably be in the leading groups at the next up market....

As a retired guy, I tend to hold these balanced funds through thivk and thin because they hold up well in most down markets and are steady-Eddie's in good markets.... my kind of fund..

 

disclaimer: I won both D&C and Fido balanced in IRAs.....

 Bob

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I need to learn to proofread before hitting post....
SailerBob 05-18-2008, 6:19 PM | Post #2519311
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WON should be OWN... too bad I didn't WIN them, but they have been good for me......
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