Fidelity BrokerageLink Account
Recently opened a Fiedlity BrokerageLink account and transferred my 401k balance into it. I invested in multiple stocks. Can I sell/buy individual stocks at anytime like regular brokerage account? Fidelity is not charging any trading fees on stocks from the last one year. Are there any other hidden fees? Any advice to get good returns out of BrokerageLink account? SWE L62 TC 200K #personalfinance #investments
Uber zumzums Aug 20, 2020
Does the transfer from 401k account to brokeragelink have tax consequences?
Amazon Cracked Oct 10, 2020
Also curious about this - anyone know?
Charter newjob4me3 Jan 3, 2021
You can sell/buy individual stocks at anytime like regular brokerage account minus the commissions and taxes.
Sure. My advice is to quit buying individual stocks and focus first on your asset allocation between stocks and bonds. Then buy low cost index funds that fit your allocation, add new deposits to maintain your target allocation and hold forever.