Fidelity Settled Cash vs. Cash Available to Trade (2023)

As a Fidelity customer, it’s important that you understand the difference between “Settled Cash” and “Cash Available to Trade.” They can provide useful insights into how much money you have invested and how much cash is still available to trade. Fidelity Settled Cash vs. Cash Available to Trade Settled Cash represents the amount of money … Read more

What Is SPAXX in Fidelity? Everything You Need To Know

SPAXX is essentially your cash’s cozy home within Fidelity or, as they called it, your “core position.” It stands for Fidelity Government Money Market Fund. When you deposit money into your Fidelity account, it automatically get put into SPAXX. This also includes any cash that’s not currently invested or settled. So, in a nutshell, SPAXX … Read more

Can You Sell Covered Calls in Your Fidelity 401k Account?

Many investors consider covered calls a great strategy to help them enhance their returns. And it’s true! I do it all the time in my regular brokerage account and retirement accounts. Speaking of which, an interesting question was asked earlier today: “Can Fidelity customers sell covered calls in their 401k accounts.”? Understanding Your Trading Restrictions … Read more

VOOG vs. VUG: Which Vanguard ETF Is Better?

As a financial blogger, I get asked this question a lot: “Which is better, VOOG or VUG?” Both VOOG and VUG are large-cap growth ETFs, which means they invest in large companies that are expected to grow faster than the overall market. However, there are some key differences between the two funds. VOOG vs VUG: … Read more

Fidelity Trust vs. Estate Account – My Story

I’ve been trying to figure out the difference between a Fidelity Trust account and an Estate brokerage account. Even after chatting with a Fidelity rep, things still seemed a bit unclear. So, let me share my own experiences to help you get a handle on this financial puzzle. Fidelity Trust Account: What Is It? A … Read more

Dave Ramsey Fidelity Mutual Funds Strategy (Backtested)

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