Now that Fidelity offers crypto trading to the public, it’s time to talk about taxes. If you buy and sell crypto on the Fidelity platform, you’ll either make a profit or a loss, and you need to report that on your taxes. So, how does the brokerage handle tax reporting for Bitcoin and Ethereum trades? … Read more
Someone asks: Anyone use Active Trader Pro on Mac? I’m not having any luck getting it to load up. It installed fine but it won’t start! Suggestions? What is Active Trader Pro? Fidelity Active Trader Pro is a tool that provides traders with a complete and comprehensive trading experience. It’s an all-in-one solution for trading … Read more
Before building a portfolio based on Dave Ramsey’s investing strategy, you must decide which mutual funds to include. Assuming you have an account with Fidelity Investments, we have that list handy. Dave recommends spreading your investments evenly among the four categories listed below: Fidelity has a large selection of mutual funds that meet Dave Ramsey’s … Read more
Are you considering transferring your assets from Vanguard to Fidelity? There is no need to sell everything you have with Vanguard. You can easily transfer your assets to Fidelity by opening a brokerage account and filling out a transfer request form. Fidelity will do everything for you. The broker will even reimburse any fees Vanguard … Read more
Below is the FSKAX return calculator, which you can use to calculate the potential investment return for the Fidelity Total Market Index Fund. This fund has over 3,900 stocks in its portfolio, ranging from small, medium, to large-cap stocks. You can input the amount you plan to invest in FSKAX and the duration of your … Read more
Not all index funds are created equal. Some of them have different goals, structure, or fees. For example, the Fidelity Total Market Index Fund (FSKAX) has some advantages over its peer: the Fidelity 500 Index Fund (FXAIX). In this article, we’ll take a look at how they compare and which one might be better for … Read more
FXAIX and SPY are index funds with a long-term investment horizon. The two funds are similar in many ways. Both funds track the same index—the S&P 500—but they also have some differences. This article will cover the differences and similarities between FXAIX and SPY to help you pick the best investment. Key Takeaways FXAIX: Fidelity … Read more
Below is the FXAIX return calculator, which you can use to calculate the potential investment return for the Fidelity 500 Index Fund. This underlying index has 500 of the largest publicly traded companies in the United States. You can input the amount you plan to invest in FXAIX and the duration of your investment to … Read more
On Fidelity, there may be restrictions on what you can invest in based on your account type and age. A Fidelity customer recently posted about their experience trying to purchase the QYLD ETF with a youth account. They received this error message from Fidelity: (149009) We’re sorry, but your account isn’t eligible for securities that … Read more
Someone asks: So I woke up today and found this SPAXX investment in my portfolio. I never bought this and I don’t know what it is. I have an option to sell this. Can someone enlighten me what this is? I’m a new investor and I’m still in the learning process. What Is SPAXX? SPAXX … Read more
