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Fidelity: which core position account type?
Posted on 10/16/21 at 12:18 pm
Posted on 10/16/21 at 12:18 pm
I'm trying to set up a Fidelity Investments online brokerage account. I have to pick a core position.
Anyone have some guidance on the pros and cons of each choice?
SPAXX
FZFXX
FCASH
Anyone have some guidance on the pros and cons of each choice?
SPAXX
FZFXX
FCASH
Posted on 10/16/21 at 2:43 pm to TigerintheNO
That isn't one of the choices that I can see.
Posted on 10/16/21 at 3:36 pm to KCRoyalBlue
The differences in those 3 core positions is negligible. Not worth your time thinking about it.
With that being said, mine is SPAXX
With that being said, mine is SPAXX
Posted on 10/16/21 at 10:57 pm to HarveyBanger
Everything I came up with agrees that the difference is less than negligible. I chose SPAXX and rocked on.
Thanks.
Thanks.
Posted on 10/17/21 at 10:50 am to TigerintheNO
quote:
FXAIX
I have Fidelity and have my money in this one. Low expense ratio.
Posted on 10/17/21 at 2:16 pm to Box Geauxrilla
Some folks don’t understand that a Fidelity core position account is just a money market account where you park cash from sales or that you are waiting to use for purchases. They should rename it to avoid confusion.
Posted on 10/18/21 at 8:03 am to KCRoyalBlue
quote:If you have cash on the sideline, you should park it in a HY Savings account earning far more than any of these positions. If you have to keep it in the Fidelity account, like others have said, the benefits are negligible.
I'm trying to set up a Fidelity Investments online brokerage account. I have to pick a core position.
Anyone have some guidance on the pros and cons of each choice?
SPAXX
FZFXX
FCASH
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