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
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
Before building a portfolio based on Dave Ramsey’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 Ramsey’s … Read more
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
With the global economy continually advancing, investors have an increasing array of international index funds to choose from. Two of the most popular international index funds from Fidelity are FTIHX and FSPSX. Both offer exposure to foreign stocks, but there are some key differences between them. In this article, we’ll look at the two and … Read more