Fidelity Created a Margin Debit: Avoid Interest Charges

Last week, I decided to add Margin to my Fidelity account. I wanted to hold off on transferring funds for an order until it was actually filled. I was a bit hesitant about transferring money into the account before a limit order goes through. Fast forward to today, and I made my inaugural buy using … Read more

How to Choose Between Roth and Traditional IRAs on Fidelity

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As someone who’s been through the process of deciding between a Fidelity Roth IRA and a Fidelity Traditional IRA, I understand how overwhelming it can be. It’s a decision that will significantly impact your retirement savings. Here’s my take on the matter: The Roth vs. Traditional Dilemma When I started planning for retirement, I heard … Read more

[Fixed] ✅ Fidelity Error 020282: How to fix the “opening transactions” error

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I recently ran into an issue with Fidelity while trying to trade Hong Kong stocks. I got hit with Error Code 020282, which left me asking myself, “What’s going on? I’ve traded Hong Kong stocks through Fidelity before!” The full message reads: (020282) Opening transactions online are not currently being accepted for this country. Please … Read more

How to Close Duplicate Roth IRA Accounts on Fidelity

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Accidentally opening 2 Roth IRA accounts on Fidelity can happen to the best of us. Whether it was a momentary lapse in attention or a technical glitch, it’s essential to know how to fix the situation without incurring any unnecessary fees or penalties. In this guide, I’ll walk you through closing a duplicate Fidelity Roth … Read more

Vanguard vs. Fidelity: Picking the Best Brokerage (2023)

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When my wife and I decided to open a Roth IRA, we faced the classic choice: Vanguard or Fidelity. I’d like to share my experiences and give insights into these two giants in the investment world. Platform Comparison For me, the decision initially felt like choosing a favorite color. I settled on Vanguard for its … Read more

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