I know this isn't a simple question and depends on the funds but I'm confused about what's better to buy between these two mutual funds. My goal is to stay invested in one for 15-20 years. My confusion is, should I buy less of an expensive fund or more of a cheaper fund.
Blue Chip (FBGRX) $220+ a share
Contrafund (FCNTX) $21+ a share
Both funds are actively managed, able to weather the Market cycles, have strong management and solid return rates. The expenses in both are decent but I think FBGRX is more. Contra is less risky than the Blue Chip.
Also I’m already invested in FXAIX ($30k), $3500 in FBGRX, $750 in bitcoin, and bought $2300 of Nvidia on the dip. I have $7k more to invest and plan to do so in FBGRX or FCNTX.
Please help me see how one or the other is better when the share prices are so vastly different. Thanks![🙏🏼]()
Blue Chip (FBGRX) $220+ a share
Contrafund (FCNTX) $21+ a share
Both funds are actively managed, able to weather the Market cycles, have strong management and solid return rates. The expenses in both are decent but I think FBGRX is more. Contra is less risky than the Blue Chip.
Also I’m already invested in FXAIX ($30k), $3500 in FBGRX, $750 in bitcoin, and bought $2300 of Nvidia on the dip. I have $7k more to invest and plan to do so in FBGRX or FCNTX.
Please help me see how one or the other is better when the share prices are so vastly different. Thanks
Statistics: Posted by jen25w — Wed Jan 29, 2025 7:22 pm