Someone asks:
I was approved for a margin account with Fidelity recently. What does Intraday Buying Power mean? There is another one called “Available to Trade Without Margin Impact.” Are they important? Can I day trade using the set amou…
Someone asks:
Does Fidelity offer a high-yield savings account? I don’t think their Cash Management account is it because it has a very low APY.
Short answer: Fidelity is not a bank. As a result, they have no high yield saving accounts. …
Someone asks:
This is crazy. Another day Fidelity NetBenefits is down. I can’t login to the website or mobile app. Anyone else having the same problem?
Answers:
Geo S:
I tried multiple browsers in incognito mode without 3rd party add-on…
Someone asks:
For the sake of diversifying, I bought into the intermediate bond fund FXNAX, but it is really lagging with interest rates being bottomed out. What are your thoughts on purchasing bond funds right now? Or should I just conti…
Someone asks:
Leaving my employer in two weeks. Any pointers on how to roll over 401k into a Traditional IRA with Fidelity?
How to Perform a 401k Rollover on Fidelity
Start by creating your Traditional IRA. Call your 401k, provide the i…
Someone asks:
Some mutual funds on Fidelity like FDGRX are being listed as “Closed to new investors.” Why is that?
Fidelity “Closed to new investors” Explained
There are some mutual funds that are just no longer accepting new investors…
Someone asks:
Just transferred $6k for my 2022 Roth IRA. Where do I put it? My other retirement accounts are all target date funds and the choices with this are overwhelming.
What to Invest In After Opening a Roth IRA
Adam S:
I’d eith…