Fidelity Issues Guidance On Year-End Statements
January 20, 2003
Just as Vanguard earlier this month issued a nine-step program to help investors take charge of their financial lives, Fidelity has issued its own tips, the Boston giant's being a little more to the point.
Fidelity advises investors to "look at gains and losses to help understand asset-allocation changes, evaluate holdings further and review multiple statements together to get the complete picture."
Along with the tips, Fidelity also revealed that a recent proprietary survey shows that four out of five investors open their statements, but most simply glance at them.