Holding cash on the sidelines in a Fidelity SPAXX money market account? You may be wondering how fed funds rate cuts impact your savings rate. Fidelity’s SPAXX government money market fund is your Fidelity.com account’s cash sweep account, where your money is held before it’s deployed into buying stocks. Thru Fidelity’s bank partner UMB Bank … Read more
Below is the FXAIX return calculator, which you can use to calculate the potential investment return for the Fidelity 500 Index Fund. Fidelity’s FXAIX large-cap index fund, is an market-cap weighted index fund designed to measure the performance of the S&P 500, the five hundred largest publically-traded US companies. Year-to-date, FXIAX is up 22% since … Read more
Curious to know how long your Fidelity investments will last during retirement? Use this retirement savings calculator to create a long-term savings plan. Whether your retirement is on the horizon, or you’re just getting started on your journey, use this calculator to get an estimate on the annual savings required against expenses, plus anticipated investment … Read more
Curious to know how much your Fidelity SPAXX money market, Roth IRA, 401k or other investment account balances could grow thru the magic of compound interest? Simply input your initial investment, projected annualized interest rate, time horizon, and compound frequency (select ‘Annual’ for retirement accounts). 🛠️ UseFidelity Investment Tools🌴
On August 12, 2024, Fidelity Investments implemented a significant change to its transaction fee structure, impacting investors who trade mutual funds from the Vanguard and Dodge & Cox fund families. The online trading fee for purchasing these funds has increased from $75 to $100 per transaction. What’s Changed? Previously, the online transaction fee for purchasing … Read more
If you’ve ever wondered whether your idle stocks could be working harder for you, Fidelity’s Fully Paid Lending Program might just be the answer. In this blog post, we’ll talk about what this program entails, how it works, and whether the potential rewards outweigh the risks. Understanding Fidelity’s Fully Paid Lending Program Fidelity’s Fully Paid … Read more
Choosing the right robo-advisor can be a game-changer for your investment journey. Today, let’s compare two heavyweights in this arena: Schwab Intelligent Portfolio and Fidelity Go. Each has its strengths, so let’s dive into the details to help you make an informed decision. Fidelity Go Fidelity Go impresses with its proprietary Flex Funds, offering unique … Read more