While Fidelity is renowned for its extensive range of low-cost ETFs and mutual funds, some users may encounter challenges such as website usability issues, account restrictions, and the absence of instant deposit options. In this guide, we’ll walk you through the process of closing and deleting your Fidelity account, should you decide it’s the right … Read more
Ever wonder how Fidelity calculates your account value along with the daily P/L (Profit/Loss) on each of the stocks in your portfolio? In today’s article, let’s look into the intricacies of portfolio valuation and daily profit/loss (P/L) calculation on Fidelity. What’s “Market Price”? The market price or “Last Price” is just the current price of the … Read more
How To Enable Penny Stocks on Fidelity Step 1: Head over to Fidelity’s penny stock trading agreement page. Step 2: Select the account you’d like to use for trading penny stocks. Step 3: Read and agree to the acknowledgment of risks. Step 4: Congratulations! Your Fidelity account is now eligible for penny stock trading. Fidelity … Read more
Have you ever tried to buy a stock or option through Fidelity and received the message: “(013014) The buy order you are about to place exceeds your settled cash balance”? Here is the full warning: (013014) The buy order you are about to place exceeds your settled cash balance. Selling these shares before paying in … Read more
Recently, several users, including myself, have been experiencing significant difficulties with the Face ID login feature on the Fidelity iPhone app. The Face ID setup fails to save, and users must repeatedly enter their login credentials when using the Fidelity mobile app. Thankfully, there is a workaround to this issue. Step 1: Relaunch and Re-Login … Read more
Deciding between SPAXX and FZFXX on Fidelity might seem daunting, but it really doesn’t have to be. These two are the go-to choices for managing cash in your Fidelity account, and if you’re just starting out, here’s a simple tip: pick one and roll with it. However, if you’re curious about the nitty-gritty, I’ve got … Read more
Fidelity Enhanced Index Funds (EIFs) are set to undergo a conversion to Exchange-Traded Funds (ETFs) this November. For those who have received the August email notification or are simply curious about the transition, here’s a comprehensive breakdown of what this means for you. Background: The Fidelity Conversion Fidelity, a renowned investment management company, is converting … Read more