How Safe Is Fidelity Money Market Fund? Can It Drop Below $1?

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Fidelity money market funds like SPAXX, SPRXX, and FDLXX, are offering yields north of 4.9%. Unsurprisingly, investors are leaving their money inside their core position rather than investing it elsewhere. Some investors on Reddit are wondering what would happen to these Fidelity money market funds in the event of a government shutdown. Specifically, how long … Read more

Does Fidelity Provide Crypto Tax Documents?

fidelity crypto tax forms

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

Dave Ramsey Fidelity Mutual Funds Strategy (Backtested)

Before building a portfolio based on Dave Ramseyโ€™s investing strategy, you must decide which mutual funds to include. Assuming you have an account with Fidelity Investments, we have that list handy. Dave recommends spreading your investments evenly among the four categories listed below: Fidelity has a large selection of mutual funds that meet Dave Ramseyโ€™s … Read more

FSKAX Return Calculator ๐Ÿงฎ How Much You Could Earn (2023)

Below is the FSKAX return calculator, which you can use to calculate the potential investment return for the Fidelity Total Market Index Fund. This fund has over 3,900 stocks in its portfolio, ranging from small, medium, to large-cap stocks. You can input the amount you plan to invest in FSKAX and the duration of your … Read more

FXAIX vs. FBGRX: How Do They Compare (2023)

FBGRX and FXAIX are popular mutual funds managed by Fidelity Investments. Let’s discuss the differences and similarities between the two funds to help you pick the right one for your portfolio. Someone asked: Would it probably be a safer play to go FXAIX (Fidelity 500 Index Fund) as opposed to FBGRX (Fidelity Blue Chip Growth … Read more

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