Are you wondering if your CSP or cash-secured put is eligible to earn interest on Fidelity? Many Redditors have shared their success stories about selling cash-secured puts to earn additional income (premium) while also making money on the interest from the cash being held in their SPAXX core position. In this blog post, I’ll give … Read more
Have you recently encountered the error message on the Fidelity website that reads, “Fidelity is currently unable to provide external digital account information. Please try again later.”? This error appears when a previously linked external account with Fidelity is no longer active. For example, you may have previously integrated your Coinbase account with Fidelity’s FullView. … Read more
One common question around Fidelity’s Treasury Only Money Market Fund, FDLXX, is its state tax exemptions. To shed light on this matter, this blog post will delve into how Fidelity handles FDLXX on tax forms and what investors need to keep in mind. How Fidelity Handles FDLXX on Your Tax Forms According to a Reddit … Read more
Recently, I received a letter from Fidelity Investments that left me both curious and puzzled. The letter stated that Fidelity currently holds assets to which I may be entitled, and it included a contact number for Fidelity’s Inherited Services group. Here is the full message: “This letter is to inform you that Fidelity currently holds … Read more
Now that Fidelity offers crypto trading to the public, it’s time to talk about taxes. If you buy and sell crypto on the Fidelity platform, you’ll either make a profit or a loss, and you need to report that on your taxes. So, how does the brokerage handle tax reporting for Bitcoin and Ethereum trades? … Read more
On Fidelity, there may be restrictions on what you can invest in based on your account type and age. A Fidelity customer recently posted about their experience trying to purchase the QYLD ETF with a youth account. They received this error message from Fidelity: (149009) We’re sorry, but your account isn’t eligible for securities that … 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
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
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
If you recently opened a Fidelity account, you may have trouble transferring money from your bank to your brokerage account. This error message appears when an issue prevents the transfer from being processed. Error (MMH2000) Your transaction cannot be processed at this time. Please try again later, or call a Fidelity Representative at 800-544-6666. This … Read more
