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
Encountering issues while using Fidelity’s website, mobile app, or services can be an unpleasant experience. It can be frustrating and time-consuming to try and solve the issue on your own. Fidelity Investments provides different options for customers to receive the help they need, including email, live chat, and phone support. Let’s take a look at … Read more
Are you considering moving your investments from Charles Schwab to Fidelity? The process of transferring your assets can seem intimidating, but it doesn’t have to be. In this guide, we’ll walk you through each step of the transfer process so that you can seamlessly transition from Charles Schwab to Fidelity. How to Transfer from Charles … Read more
Someone asks: What is the simplest method to transfer stocks from a taxable account to a Roth IRA? Some people have suggested withdrawing the funds from the taxable account and depositing into the Roth IRA. Can shares be transferred by visiting a Fidelity branch? How to Transfer Stocks from a Taxable Account to an IRA? … Read more
Someone asks: I sold a stock at a loss, then repurchased it to average down, resulting in a Wash Sale violation in my Fidelity account. If I buy shares at a lower price and then sell the shares that incurred a loss, would that still be considered a Wash Sale violation? Fidelity Wash Sale Explained … Read more
If you’re considering transferring your investments from M1 Finance to Fidelity, this guide is for you. In this article, you’ll learn about the steps involved in the transfer process and how to get started. How to Transfer from M1 Finance to Fidelity in 2023 Step 1: Open a Fidelity account (skip this step if you … Read more
Someone asks: Would it probably be a safer play to go FXAIX (Fidelity 500 Index Fund) as opposed to FBGRX (Fidelity Blue Chip Growth Fund) since FXAIX covers multiple sectors? Tech seems kinda murky going forward. Also, I am wondering if anyone knows if you get paid any dividends through index funds? FBGRX and FXAIX … Read more
Someone asks: I’m looking at VTSAX on Fidelity, and it says there is a $75 transaction fee. Does this fee apply per transaction or just for the initial purchase of the fund? I’m trying to compare VTSAX and FSKAX to decide which one to invest in. FSKAX and VTSAX are mutual funds that invest in … Read more
Someone asks: I will likely do an ACAT to Fidelity. Anybody have experience with this process? What does Fidelity charge to transfer stocks? Will Fidelity cover the ACAT transfer fees? Fidelity Account Transfer (ACAT) Fee 2023 Fidelity does not charge a fee to move assets from another brokerage. However, your current institution may charge a … Read more
Lately, the Fidelity website has been very slow for me. I don’t know if anyone else has had a similar issue. The account summary and position pages take forever to load, possibly due to increased traffic and new investors. As a result of this problem, buying new stocks and selling existing positions is impossible. When … Read more
