fidelity_notes
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fidelity_notes [2024/02/23 22:37] – [why fidelity] raju | fidelity_notes [2024/05/22 23:15] (current) – [Missing features] raju | ||
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+ | ==== Missing features ==== | ||
+ | * It is not possible to | ||
+ | * enable Money Transfer Lockdown (MTL) on 529 accounts [(https:// | ||
+ | * generate month to date statements | ||
+ | * see [Beginning portfolio value, Additions, Subtractions, | ||
+ | |||
+ | ~~REFNOTES~~ | ||
+ | |||
+ | ==== equity market hours ==== | ||
+ | * pre-market session: 7 am - 9:28 am | ||
+ | * regular session: 9:30 am - 4 pm | ||
+ | * after-hours session: 4 pm - 8 pm | ||
+ | Ref: https:// | ||
+ | |||
+ | Notes from https:// | ||
+ | * each brokerage firm may have different rules pertaining to trading during non-market hours | ||
+ | |||
+ | ==== why fidelity ==== | ||
+ | * Automatic sweep of uninvested cash into money market funds | ||
+ | * FWIW, this is not available in Schwab. [asof | 2023-09-21] | ||
+ | * Customer service is great. [today | 2023-09-22, 2024-02-20] | ||
+ | * Treasuries can be automatically rolled over. [today | 2023-12-29] | ||
+ | * [today | 2024-02-20] It has a cool feature called “Full View” wherein you can add all your other accounts (brokerage, 401k, bank accounts etc.,) and track your net worth for free. | ||
+ | * https:// | ||
+ | |||
+ | ==== securing the account ==== | ||
+ | * Enable two factor authentication | ||
+ | * Turn on money transfer lockdown (MTL) | ||
+ | * https:// | ||
+ | |||
+ | See also: | ||
+ | * https:// | ||
+ | |||
==== View treasuries by maturity ==== | ==== View treasuries by maturity ==== | ||
To view treasuries by maturity | To view treasuries by maturity | ||
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Settings -> Notifications -> App notifications -> Select Fidelity -> Slide right | Settings -> Notifications -> App notifications -> Select Fidelity -> Slide right | ||
- | |||
- | ==== why fidelity ==== | ||
- | * Automatic sweep of uninvested cash into money market funds | ||
- | * FWIW, this is not available in Schwab. [asof | 2023-09-21] | ||
- | * Customer service is great. [today | 2023-09-22, 2024-02-20] | ||
- | * Treasuries can be automatically rolled over. [today | 2023-12-29] | ||
- | * [today | 2024-02-20] It has a cool feature called “Full View” wherein you can add all your other accounts (brokerage, 401k, bank accounts etc.,) and track your net worth. It is free. | ||
- | * https:// | ||
==== Fidelity vs. Schwab ==== | ==== Fidelity vs. Schwab ==== | ||
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Solution 2: | Solution 2: | ||
Work around it by transferring money to a different bank (ex:- CFCU -> Capitalone -> Fidelity). | Work around it by transferring money to a different bank (ex:- CFCU -> Capitalone -> Fidelity). | ||
- | |||
- | ==== securing the account ==== | ||
- | * Enable two factor authentication | ||
- | * Turn on money transfer lockdown | ||
- | * https:// | ||
- | |||
- | See also: | ||
- | * https:// | ||
==== videos I came across ==== | ==== videos I came across ==== | ||
* https:// | * https:// | ||
+ | |||
+ | ==== CMA vs regular brokerage ==== | ||
+ | From https:// | ||
+ | >> The big difference is in how cash is handled - the CMA keeps your uninvested cash in FDIC insured bank accounts while the brokerage account puts it in money market funds that are covered by SIPC. Also, CMA accounts qualify for ATM fee reimbursement; | ||
+ | >> | ||
+ | >> On the investing side, you can't trade on margin in the CMA. | ||
+ | |||
+ | ==== endorsing checks ==== | ||
+ | * Write "For deposit only to Fidelity", | ||
+ | |||
+ | tags | check endorsement | ||
+ | |||
+ | ==== qna ==== | ||
+ | ----- | ||
+ | :?: Can I buy treasuries in fidelity brokerage account? | ||
+ | |||
+ | :!: Yes, you can. There are positives and negatives between buying at TreasuryDirect vs. a brokerage account like Fidelity. TreasuryDirect allows you to buy in increments of \$100 vs. \$1,000 at Fidelity. You can sell them before maturity at Fidelity which is not possible in TreasuryDirect. More details at | ||
+ | https:// | ||
+ | ---- | ||
+ | |||
+ | ==== sweep in CMA account ==== | ||
+ | * From June 15, 2024, Fidelity CMA accounts will have an option to sweep to SPAXX | ||
+ | * This was announced in the March 2024 statement of the Fidelity CMA account. | ||
+ | |||
fidelity_notes.1708727864.txt.gz · Last modified: 2024/02/23 22:37 by raju