As a community advisor, one of the questions I get asked often is, “What time do mutual fund update on Fidelity?” The answer to this question depends on the type of investment you’re looking at. For ETFs, Fidelity updates the price throughout the day (real-time reporting). This means that you can see changes to the … 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
Some Fidelity customers wonder why certain instruments like the S&P 500 E-Mini futures contract (ESH22) are not available. When you enter a specific futures instrument into the Fidelity platform, it will return “Symbol Not Found.” That is because, currently, Fidelity does not offer trading for commodities and futures contracts. Cryptocurrency used to be on that … 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
Someone asks: I’m unable to short $GME stock on Fidelity. The broker is giving me this error message: (PA0012) Your order to sell short can not be accepted. The security is either ineligible to short, there are currently no shares available to short, or there are insufficient shares available to meet your request. Please review … Read more
Someone asks: I recently began a new job and discovered that Fidelity administers our company 401k plan. While reviewing my account, I noticed charges for “RecordKeeping Fee,” and I am wondering about the specifics of these fees and if there are any strategies to minimize or avoid them within the 401k plan. What is RECORDKEEPING … Read more
Someone asks: I’m sorry if this is a silly question, but I thought Fidelity allowed after-hours trading. However, my order will only be eligible for trading on the next business day. Can you explain why that is? Here is the error message I received when placing a buy order. (010550) Just a reminder that the … Read more
FXAIX is a mutual fund that pays quarterly dividends. The dividend payable date for FXAIX is typically announced a few weeks before the actual payment date. Generally, investors can expect the dividend payout to occur in early April, July, October, and December. Based on the dividend history from the previous year, you may make a … Read more
When sending a wire transfer to Fidelity, you will need to provide certain information to the bank or financial institution initiating the transfer. This includes your name, account number, and routing number. In this blog post, we will be providing a step-by-step guide on how to send a wire transfer to your Fidelity account. Fidelity … Read more
Someone from our community recently received a phone call from 603-864-6488 who claimed to be with Fidelity Investments. Is this a genuine phone number from “Fidelity Invest,” or is it a scam call? In this post, we’ll give you the truth. 603-864-6488 Fidelity Invest – Is This Phone Number Legit? Nowadays, scammers are employing sophisticated … Read more
