Fagox

1 Fidelity Advisor Equity Growth FAEGX: Class T (FAEGX)
2 Growth Fidelity Advisor FGITX and Income Fund: Class T (FGITX)
3 Fidelity Advisor Growth Opportunities FAGOX Fund: Class T (FAGOX)
4 Fidelity Advisor Mid Cap Fund FMCAX: Class T (FMCAX)
Fidelity Advisor 5 FSCTX Small Cap Fund: Class T (FSCTX)
Fidelity Advisor Funds 6 FAERX overseas: Class T (FAERX)
Fidelity Advisor 7 FAIGX Balanced Fund: Class T (FAIGX)
Fidelity Advisor 8 FAHYX High Income Advantage Fund: Class T (FAHYX)
Fidelity Advisor 9 FTBRX Bond Fund Medium-Term Class T (FTBRX)
10 FDAXX Prime Fund - Daily Money Class (FDAXX)

Do not invest in one fund. Diversity is the best option. Some in FAERX, some in FSCTX, some in and some in FAEGX FGITX and a lesser amount FDAXX as a safety value if the market falls. Stay away from bond funds. They are not good long term investment. Also stay away from balanced funds.

Avoid mutual funds! Fidelity has a good program for self-IRA or 401K. They even training - both in seminars or online. This way, you are in control of your money and better and better over time. The trades or under $ 10.00

Since you are young, and it's for your 401k, which is very long term, if you can handle the occasional swing range, you should invest in more aggressive funds (which would most likely 1, 3 and 5) . Avoid balanced funds or obligation to your young age, to avoid income funds, and take a look at some international funds. Read the prospectus of each fund before investing to ensure that the fund is fairly aggressive, has low cost (less than 1% of assets per year), and check its performance history.

Unfortunately, any Fidelity mutual fund performance ever achieved legendary Peter Lynch (30% per year for 14 years), the best you can hope for long term is 20%, and it will be closer to 10-15 %.

Most mutual fund managers (up 80%) fail to beat market indexes after fees and taxes are taken into account, so you can simply buy a no load, low expense S & P 500 (less volatile) Index Fund.

Also, keep in mind that we are currently in a bull market that began in late 2003. You should not market time, but you should not put all your money at a time - it is better to use a fixed amount you invest each month, regardless of whether the mutual fund goes up or down, and continue to do that until you're retired.

Finally, remember - it is unlikely for various reasons, the stock market will continue to return 10% per year in the future (as has been for most of the 20th century). 5-7% per year is more likely in the next 20-30 years, although you never know what will happen.

Buy their cheapest index tracker, unless you do not mind the long-Fidelity funds.

The only thing I do not like mutual funds is about you can not transfer your money to get around with penalized. You really need to move your money into what I call shelter until there is another buying opportunity. The buy and hold idea can not hurt you and get really frustrating if you have a heavy loss. This loss may be preventing you from investing more.