One of my colleagues suggested that he has $150K in Fidelity SPAXX fund which is a money market fund. Is that even a safe decision? Fidelity is big but still can't say for sure if it can't go belly up.
Hello, I am taking a few year career break that could end up in retirement. Worked at Amazon. Net worth 400k in fidelity brokerage I am moving to Portugal where my budget will be about $36k per year after taxes, but I will make about $12k after taxes making some sailings trips, so I will only need ...Read more
Hi , Is it worth making a move for a slight change in TC Bump (30K Tc) to Snowflake from Fidelity Investments Its a complete remote role at Snowflake and Fidelity is like 3 days a week office. WLB / Job security is good at Fidelity , but is it worth making a move to snowflake at these times . Onl...Read more
Looks like market accounts (SPAXX) for fidelity are covered by SIPC(securities investor protection corporation). The cash limit is $250,000. This is same as FDIC. So is it safe to have cash lower than $250k in money market accounts in fidelity? How exactly is SIPC different from FDIC? #personalf...Read more
Hi everyone, I'm currently being considered for an L4 level position at Fidelity in their security team. If someone were to come in at that level and then want to be promoted to L5 level, how much time does it typically take in your experience for such to happen? How difficult was the promotion proc...Read more
I don’t want to sell my shares yet. I have mostly ETFs in my Robinhood account. I want to close my Robinhood account. Is there a way to transfer my securities to a different platform? E.g. fidelity, etrade?
Hello, I am relatively new to investing. I have been using Robinhood, fidelity etc. to trade individual stocks. But now I want to invest in long term low risk securities. Can someone explain how to invest in index funds? #investments
I will be joining Goldman Sachs in a month. I have brokerage accounts with Upstox and Fidelity Investments (ORCL RSU's). Do I need to close both of these accounts? I got to know that Goldman only allows Kotak Securities and Interactive brokers. I don't care about the Upstox account, don't have any ...Read more
In the sense that which one is: 1. More stable, better job security 2. More prestigious, easier to be recognized by recruiters 3. Better culture and ability to learn stuff Both SDE, same TC 1yoe 100k, similar projects and tech stack, similar location (cost of living) #discover #discoverfinancialse...Read more
Fidelity New Grad Full Stack or SWE (Security) at Naval Research Lab. Both LCOL and pay a little under 100k what is better for my career? i have loans and need to pay them off in the next few years. want to move later to big tech for $. any advice is appreciated.
Have been looking for new software and/or security related jobs. Found a few from JP Morgan Chase and Fidelity that look enticing and I'd be a good fit for. Would anyone be open to providing a referral? #referral
Hello all, I invest in 401k just enough to benefit the company match and buy securities separately in Fidelity every month. Should I try to put more money in my 401k? Do you have any recommendation/guideline for me? I am 27 btw.
I know we're not allowed to sell stock short or otherwise place trades against stock, but are we allowed to lend our shares to short sellers? Fidelity has a program like this, they'll pay you a small percent return if you make shares in your account available for their securities lending program.
Hi everyone, looking for referrals to the following companies specifically as well as any other ones that may have good security engineer positions in-office that are not startups and *not* remote. That's right, this guy hates remote work. Please DM me if you are open to doing such. I used up all t...Read more
What’s your preferred investment platform? (try choosing just one unless you truly like more than one) What do you like/dislike about it? I’m moving my money to Fidelity to start investing in mutual funds. I like the research tools and the variety of stuff to buy. A bit awkward security-wise, feels...Read more
Hi, I recently transferred my securities from Fidelity to Robinhood (looks like it’s a mistake!) and my cost basis for those transferred securities hasn’t been updated in my Robinhood account (shows NA in app/website). And their representative said the cost basis would not be available for transfer...Read more
I have a few brokerage accounts at TD, Fidelity, but my favorite is easily Merrill Edge for the Equity Research portal to BofA Securities reports. Are there any others that offer access to these reports? I don’t care about CS, CFRA, etc. I’m talking sell-side research reports, not indy stuff.
I’m new to the industry working for Amazon but how do brokers (Schwab, Morgan Stanley, Fidelity etc..) prevent insider trading when employees of tech companies need pre-clearance from their respective employers for trading securities of where they work?? For example if I work at Amazon, I need pre-...Read more
I started moving more than 45% of my investment from Robin Hood to Fidelity on Friday. I wanted to do this before Robinhood goes belly up and I can be within FDIC insured range. I have a handful of ETFs and most of them have fractional shares as well (ex 34.89 shares) Has anybody transferred from R...Read more
EDIT: Im aware of the Gamestop Short squeeze. The security breaches and account hacks are more concerning! I’m new to investing and have been using Robinhood the past few months. The general consensus is to use TD Ameritrade or Fidelity for investing. The Robinhood UI and mobile app are intuitive...Read more