To learn more about the platform and other research tools, check out this video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=OOEMR9uHTKCC8wcM If you have any requests or questions, drop them below. - Enjoy!
Hey danny. I am new to fidelity and stocks in general. Trying to figure out how to use fidelity. I have a roth ira. Also a crypto account but i use a different app for that. Also a couple different individual accounts. I just recently put cash into Fidelity and invested all of it into a stock and it has really went up but it says i only have .01 cent able to invest. Why is that?
What if the household income is now in the range and in a couple of years is above the maximum income limit for annual contributions? Like now below 250 and in a couple of years above 250 per year?
Hi Danny, new investor here. New to Fidelity. Currently opened a ROTH IRA and CMA. I started EFT to my ROTH from an external checking account and bought ETF’s and Index funds into my ROTH. Did I even need a CMA? Thanks
Hey thanks for checking out my content! And great question! You do not need the cash management account. You could only use the Roth account and be completely fine! Hope this helps you out :)
Thank you! I really appreciate that a ton! Below are some videos you may find very helpful. Thanks again for your comment, it means a lot to hear my content is helping someone! 3 Best Fidelity Index Funds To Supercharge Your Roth IRA: th-cam.com/video/u593fmxfEy4/w-d-xo.htmlsi=W_MgjcZBNHmUa3nI The ONLY 3 Index Funds You NEED To Boost Your Roth IRA: th-cam.com/video/mSp530mh0z0/w-d-xo.htmlsi=EF_gOYvLuTTWz0oW Fidelity Index Funds For Beginners | The Ultimate Guide: th-cam.com/video/Cp1kJLCP9dg/w-d-xo.htmlsi=Lffj67T4I6HNoa1C Vanguard Index Funds For Beginners | The Ultimate Guide: th-cam.com/video/dPM3Kkks1HQ/w-d-xo.htmlsi=TGN3JGT8TorgU1oB The NEW 3 Fund Portfolio To Build Unstoppable Wealth: th-cam.com/video/sLYY-i2Em30/w-d-xo.htmlsi=qrSJepoi7kYrcKBH
Yes, you must complete a short application for it. Here is a link to learn more! Thanks for watching my content! www.fidelity.com/learning-center/smart-money/what-are-options#:~:text=Many%20brokerages%20don't%20enable,and%20sign%20an%20options%20agreement.&text=Research%20which%20stocks%20or%20ETFs,be%20interested%20in%20trading%20options.
Hi Danny, Thank you so much for creating such a helpful video for beginners like me. I’m retired now and required to take RMDs every year. Since I don’t need the money right away, is it possible to reinvest the funds into a Fidelity traditional investment account rather than a CD? I typically prefer the S&P 500 fund (FXAIX). Do you think it’s a good idea to continue with that fund through Fidelity? Thanks again for your guidance!
Hey! Thank you very much for your kind words. I'm glad to hear the video has helped you, it means a lot to me! For the reinvesting of dividends, with mutual funds you can actually adjust them to go toward any mutual fund you prefer. This may be possible for you depending on the investments you're referring too. To learn more about it, I will attach my how to use fidelity tutorial video where the exact time slot I'm referring to is at 12:32 in the video under my "portfolio managing" section. Here is the video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=XmQehYeTaNyrPTQS Thanks again for watching my content, it means a lot!
Thank you for mentioning this! I should have brought it up the video, my apologies. Doing this through the mobile app is a bit more difficult than the desktop platform. It is still possible though. To see how to do it through the desktop platform check out this video and skip to 12:26. Video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=Nrj49Grezg0DTtHa
Hey! Thank you so much! And are you referring to compound interest when i say "let your money compound over time"? And to see updates on the portfolio daily, go to the investing tab and select your specific account and then details. If you scroll down you can see data for your entire account such as daily gain/loss. Another option for overall performance over different time periods would be from the home tab click your account in the middle of the page and then scroll down and you'll see a performance tab that shows you everything you may want to see with the overall portfolio. Hope this helps :) Thanks again for watching my content! It means a lot!
@@DannySully Hey Danny, thanks for your reply. I'll try be even more specific on my question. I started my Roth IRA this year and already funded $7000. right now I have $7.266.42. ($156.40 in Total gains) + ($32.83 in dividends). so 7000 + 156.40 + 32.83 = 7,189.23. Now I know $77.19 is just in compound. Is there a place on fidelity that I can see this compound number? Thanks again
I used to use them more and have been avoiding it now. The only thing I would say is a solid option to learn more about and I plan to one day make a video on it is covered calls. You can earn additional income through using them on your investments if you decide too.
I started investing with growth stocks, I am retiring next yr at 57 with steady income stream from my $4 Million dividend portfolio total $650,000 a yr to live comfortably, and its all because of my Fee only Advisor who handles activities in my Portfolio.🌹✅
I am looking for how to venture into Dividend investing on a long term basis, I really seek to create an alternate source of income. how did you find a good Fiduciary?
Essmildaa Morgan has been the key factor in the buildup of my dividend growth portfolio. I am learning more and pushing more to buy assets, with one goal of steady dividend income.
The reality is, if you want to make any decent money investing, you have to invest at least one million dollars USD. It's going to take some years before you get that money back.
Danny is there any specific reason why i wouldnt be able to withdrawal money frm my individual account? I opened one after my roth ira. And noticed i couldnt transfer the money back to my bank if i wanted to. I dont want to i just wonder how i can access my cash in the future.
Hey great question! Did you recently sell an investment? If so, it typically takes a couple days for the funds to officially settle to then withdrawal.
To learn more about the platform and other research tools, check out this video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=OOEMR9uHTKCC8wcM
If you have any requests or questions, drop them below. - Enjoy!
Great content, I invest with Fidelity and just did a video on it! I like how you break down this info for beginners!
Hey danny. I am new to fidelity and stocks in general. Trying to figure out how to use fidelity. I have a roth ira. Also a crypto account but i use a different app for that. Also a couple different individual accounts. I just recently put cash into Fidelity and invested all of it into a stock and it has really went up but it says i only have .01 cent able to invest. Why is that?
What if the household income is now in the range and in a couple of years is above the maximum income limit for annual contributions? Like now below 250 and in a couple of years above 250 per year?
Great content! Thanks for sharing 👍
Of course! And thank you!!
Fractional shares would have been a good topic to bring up. 👍🏼
Hi Danny, new investor here. New to Fidelity. Currently opened a ROTH IRA and CMA. I started EFT to my ROTH from an external checking account and bought ETF’s and Index funds into my ROTH. Did I even need a CMA? Thanks
Hey thanks for checking out my content! And great question! You do not need the cash management account. You could only use the Roth account and be completely fine! Hope this helps you out :)
Keep posting videos bro youre very informative! what etfs do you suggest for beginners?
Thank you! I really appreciate that a ton! Below are some videos you may find very helpful. Thanks again for your comment, it means a lot to hear my content is helping someone!
3 Best Fidelity Index Funds To Supercharge Your Roth IRA: th-cam.com/video/u593fmxfEy4/w-d-xo.htmlsi=W_MgjcZBNHmUa3nI
The ONLY 3 Index Funds You NEED To Boost Your Roth IRA: th-cam.com/video/mSp530mh0z0/w-d-xo.htmlsi=EF_gOYvLuTTWz0oW
Fidelity Index Funds For Beginners | The Ultimate Guide: th-cam.com/video/Cp1kJLCP9dg/w-d-xo.htmlsi=Lffj67T4I6HNoa1C
Vanguard Index Funds For Beginners | The Ultimate Guide: th-cam.com/video/dPM3Kkks1HQ/w-d-xo.htmlsi=TGN3JGT8TorgU1oB
The NEW 3 Fund Portfolio To Build Unstoppable Wealth: th-cam.com/video/sLYY-i2Em30/w-d-xo.htmlsi=qrSJepoi7kYrcKBH
Great content u motivated me to invest in index fund ,e.t.f before this year ends!!
Thank you! I'm really glad to hear that :)
Do you have to open a new account every time you wanna invest in different stocks ?
Nope! Once you create an account, you can invest however you want within that account with the funds you have.
@ I think I ask wrong lol do each stock have to have they own account or I only need to open up one brokerage account?
@ if that make sense
You can invest into many different stocks in one brokerage account. You only need one brokerage account. I hope this clears things up!
@ yeah thanks man!! Good videos btw
Hi bro does fidelity have options like Robinhood?
Yes, you must complete a short application for it. Here is a link to learn more! Thanks for watching my content!
www.fidelity.com/learning-center/smart-money/what-are-options#:~:text=Many%20brokerages%20don't%20enable,and%20sign%20an%20options%20agreement.&text=Research%20which%20stocks%20or%20ETFs,be%20interested%20in%20trading%20options.
Pretty much the same
Hi Danny,
Thank you so much for creating such a helpful video for beginners like me. I’m retired now and required to take RMDs every year. Since I don’t need the money right away, is it possible to reinvest the funds into a Fidelity traditional investment account rather than a CD? I typically prefer the S&P 500 fund (FXAIX). Do you think it’s a good idea to continue with that fund through Fidelity?
Thanks again for your guidance!
Hey! Thank you very much for your kind words. I'm glad to hear the video has helped you, it means a lot to me! For the reinvesting of dividends, with mutual funds you can actually adjust them to go toward any mutual fund you prefer. This may be possible for you depending on the investments you're referring too. To learn more about it, I will attach my how to use fidelity tutorial video where the exact time slot I'm referring to is at 12:32 in the video under my "portfolio managing" section.
Here is the video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=XmQehYeTaNyrPTQS
Thanks again for watching my content, it means a lot!
What about automatically reinventing dividends?
Thank you for mentioning this! I should have brought it up the video, my apologies. Doing this through the mobile app is a bit more difficult than the desktop platform. It is still possible though. To see how to do it through the desktop platform check out this video and skip to 12:26.
Video: th-cam.com/video/frXhZbyz80w/w-d-xo.htmlsi=Nrj49Grezg0DTtHa
@ awesome thank you 🙏🏼
@ can you do a video on crypto ETF?
Great content Danny. I really wanna understand in detail how “Compound” works, also if Fidelity shows exactly how the money grows (daily).
Thanks man
Hey! Thank you so much! And are you referring to compound interest when i say "let your money compound over time"?
And to see updates on the portfolio daily, go to the investing tab and select your specific account and then details. If you scroll down you can see data for your entire account such as daily gain/loss.
Another option for overall performance over different time periods would be from the home tab click your account in the middle of the page and then scroll down and you'll see a performance tab that shows you everything you may want to see with the overall portfolio. Hope this helps :) Thanks again for watching my content! It means a lot!
@@DannySully Hey Danny, thanks for your reply. I'll try be even more specific on my question. I started my Roth IRA this year and already funded $7000. right now I have $7.266.42. ($156.40 in Total gains) + ($32.83 in dividends). so 7000 + 156.40 + 32.83 = 7,189.23. Now I know $77.19 is just in compound. Is there a place on fidelity that I can see this compound number?
Thanks again
Do you have a lot of knowledge with options?.. I’ve heard that is just gambling, I don’t understand options
I used to use them more and have been avoiding it now. The only thing I would say is a solid option to learn more about and I plan to one day make a video on it is covered calls. You can earn additional income through using them on your investments if you decide too.
I started investing with growth stocks, I am retiring next yr at 57 with steady income stream from my $4 Million dividend portfolio total $650,000 a yr to live comfortably, and its all because of my Fee only Advisor who handles activities in my Portfolio.🌹✅
I am looking for how to venture into Dividend investing on a long term basis, I really seek to create an alternate source of income. how did you find a good Fiduciary?
Sincerely speaking i work with Essmildaa Morgan , and will continue to buy and trade. I will stick to her guides for as long as it works.
Essmildaa Morgan has been the key factor in the buildup of my dividend growth portfolio. I am learning more and pushing more to buy assets, with one goal of steady dividend income.
The reality is, if you want to make any decent money investing, you have to invest at least one million dollars USD. It's going to take some years before you get that money back.
Danny is there any specific reason why i wouldnt be able to withdrawal money frm my individual account? I opened one after my roth ira. And noticed i couldnt transfer the money back to my bank if i wanted to. I dont want to i just wonder how i can access my cash in the future.
Hey great question! Did you recently sell an investment? If so, it typically takes a couple days for the funds to officially settle to then withdrawal.