Someone asks:
How do I change the name of an account? For example I would like to change one of my brokerage accounts name to “Investment Property”. Is that possible?
Having more than one brokerage account named “Individual” can be confu…
Someone asks:
Has anyone did a transfer in kind from an old employee stock plan to Fidelity? I have ESPP (Employee Stock Purchase Plan) shares and RSU’s (Restricted Stock Units) at E*Trade.
I’m also concerned about the transfer of all the…
Someone asks:
Is it okay to have both FXAIX and FNCMX? Fairly new to mutual funds and just trying to figure out everything!
Answers:
Gerry S:
I have both…noticed they moved in different directions a lot last year, so it appears they hav…
Someone asks:
Does anyone understand how the Activity Assessment Fee is calculated when selling stocks?
Answer:
Kyle G:
Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). There is an Opt…
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…