Robbie How has the stock market performed since the October 2022 lows? The S&P 500’s market’s recovery has been fueled by strong performances in technology and communications services. Despite various monetary policy, macro-level business, political and geo-political setbacks, the S&P 500 has recovered 22% these past 24-months and shown resilience, driven by strong earnings in strategic … Read more
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