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
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
Are you curious about the Fidelity equivalent of the popular QQQ ETF, which mirrors the Nasdaq 100 index? Look no further! In this guide, we’ll unravel the Fidelity Nasdaq Composite Index Fund (ONEQ), which is the equivalent of QQQ for Fidelity customers. Let’s explore the similarities and differences between the two funds. What Is QQQ? … Read more
As someone who’s been through the process of deciding between a Fidelity Roth IRA and a Fidelity Traditional IRA, I understand how overwhelming it can be. It’s a decision that will significantly impact your retirement savings. Here’s my take on the matter: The Roth vs. Traditional Dilemma When I started planning for retirement, I heard … Read more
Some Fidelity customers wonder if they can transfer money from their Cash App account to Fidelity. The short answer is yes. And believe it or not, the process is also straightforward. In this guide, we’ll walk you through the steps to transfer money from Cash App to your Fidelity brokerage account. How to Transfer Funds … Read more