TAKING STOCK OF FIDELITY'S FUNDS

THE SHELVES OF THE INVESTMENT SUPERMARKET ARE CHOCK-FULL THESE DAYS. FIDELITY HAS A VARIETY OF SUPERIOR FUNDS--BUT SO DO OTHERS

So what should you do with your money? While Fidelity still has plenty of chart toppers and more mutual-fund dollars than any of its competitors, there are today hundreds of other companies running 6,085 funds tailored to every investing whim imaginable. This staggering number of funds--which continues to grow almost daily--is both a blessing and a curse. Let no one ever say he can't find a fund that matches his investing goals. But on the other hand, how in the world do you ever decide which fund to buy?

In the mutual-fund business, biggest is very often best. Not only will...

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