When it comes to investing in the S&P 500, you have a variety of options. Fidelity 500 Index Fund (FXAIX) and Schwab S&P 500 Index Fund (SWPPX) are popular among investors. But which one is better? In this blog post, we’ll explore the similarities and differences between FXAIX and SWPPX and help you decide which … Read more
It’s the end of the year. It’s time to see how much you spent on commissions and fees this year with Fidelity. Many investors have trouble finding this information, even after searching through their account statements. In this tutorial, I will show you how to view your total commissions and fees paid to Fidelity brokerage. … Read more
As of April 2024, Fidelity does not offer full-trading capabilities for commodities and futures contracts, however, Fidelity does offer limited options for commodities and futures trading. 1. Commodities Trading: While Fidelity does not offer direct trading of physical commodities, Fidelity allows indirect exposure to commodities through various investment products, meaning, users may invest in commodity-focused … Read more
Before you deposit your hard-earned money into a Fidelity account, you may want to know if it’s insured like a traditional bank account. The short answer is yes – the cash position in your Fidelity account is FDIC insured. It’s worth noting that Fidelity brokerage accounts are also generally SIPC-insured. In the case of Fidelity’s … Read more
A few months ago, trading cryptocurrency on Fidelity was unimaginable. But things have changed. It’s now possible to buy and sell Bitcoin and Ethereum using the Fidelity Crypto app. Fidelity is currently rolling out cryptocurrency trading access for some customers who have signed up for the Fidelity Crypto Early-Access List. Here’s how to do that. … Read more