How To Buy Brokered CDs In Fidelity

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  • Опубликовано: 21 окт 2024

Комментарии • 33

  • @DistrictCapital
    @DistrictCapital  Год назад +4

    Skip Ahead Here!
    0:00 - How to buy brokered CDs in Fidelity
    0:16 - Step-by-step process
    4:07 - Do you want to buy brokered CDs in Vanguard instead?

    • @almoni33
      @almoni33 Год назад +1

      it is a bit strange that you are not answering my question ... i asked if a person has to open an account with fidelity or vangard or if he can buy any product directly using his account in switzerland or france. YES OR NO ?

    • @DistrictCapital
      @DistrictCapital  Год назад

      @@almoni33 sorry I missed your question. Yes, you would need to open an account with Fidelity or Vanguard. Thanks!

  • @jakeabc123
    @jakeabc123 7 месяцев назад +4

    FDIC-insured & call-protected is good advice. Also check Blue Sky Restrictions & see if your state is included.

    • @jakeabc123
      @jakeabc123 5 месяцев назад

      Also depends if you want dividends.

    • @thelastmeheecan2307
      @thelastmeheecan2307 4 месяца назад

      If it’s restricted that’s a good thing right?

  • @colorfullifettt5251
    @colorfullifettt5251 8 месяцев назад +1

    Great videos. Straight forward and good info.

    • @DistrictCapital
      @DistrictCapital  8 месяцев назад

      Thank you very much for your kind comment. Have a great week!

  • @acs4989
    @acs4989 5 месяцев назад +1

    Thank you for sharing the information on brokerage CDs. Your video was very professional, helpful and educational.

    • @DistrictCapital
      @DistrictCapital  5 месяцев назад

      Thank you for your kind comment. Have a great week!

  • @johnsaxon7940
    @johnsaxon7940 Год назад +2

    Thanks buddy. Short but sweet.

  • @BrokeAgain
    @BrokeAgain 5 месяцев назад

    How much is the penalty for Fidelity or early widrawal? is it 1 month interest?

  • @almoni33
    @almoni33 Год назад +1

    sorry for a trivial question. in order to buy on the fidelity website I have to open an account with them and then buy the necessary CD ?so the money from my bank I have to send to the fidelity account before I buy anything ?

    • @DistrictCapital
      @DistrictCapital  Год назад

      Yes that's correct. Thanks for your question!

    • @almoni33
      @almoni33 Год назад

      and so I'm not interested anymore ... when I buy bread at the store I just put it in the cart and take it home ... if I bought bread and left it in the cart at the store it's not for me.

  • @gbski43
    @gbski43 Год назад

    How does auto enroll work on the one year ladder. After the first three month cd matures does it set up up to replace with a one year cd, so that you are always churning over every three months, i would assume?

  • @RaunakThomas
    @RaunakThomas 7 месяцев назад +1

    For index funds you can directly purchase (with a scheduled transfer) with funds that are not in your fidelity account, but directly from your bank account. Is there a way to do that with CDs?
    I don't think so
    That is a bit of an inconvenience to be honest

    • @DistrictCapital
      @DistrictCapital  7 месяцев назад

      Unfortunately, purchasing CDs directly from your Fidelity account, similar to how you can buy index funds with a scheduled transfer, is not possible. Have a great day!

  • @robinsainthilaire7908
    @robinsainthilaire7908 8 месяцев назад

    Is the price that shows 100 a fee I pay?

  • @maichen1264
    @maichen1264 Год назад

    Hi, do I pay any fee to buy CD from Fidelity? Thanks!

    • @DistrictCapital
      @DistrictCapital  Год назад

      Fidelity does not charge any fees for purchasing CDs directly from their platform. However, it's important to note that the CDs themselves may have their own fees or expenses associated with them, which can vary depending on the specific CD offering. Thanks for your question!

  • @codandfifaboss2373
    @codandfifaboss2373 Год назад

    why does it say Price $100? is that the fee?

  • @debracarty6476
    @debracarty6476 Год назад

    When I went to do this, it only gave an option for me to pull money from an existing fidelity account, and all I have are retirement accounts. These accounts are linked to my checking account, but it would not let me pull directly from my bank to fund the CD. Any advice?

    • @DistrictCapital
      @DistrictCapital  Год назад

      Thanks for your question! You may need to put some money in your settlement account. Have you tried transferring money from your bank to your settlement account in Fidelity? If you have money in your settlement account then you can purchase CDs.

  • @DistrictCapital
    @DistrictCapital  Год назад +1

    Do you have any questions about brokered CDs?

    • @luisorozco3309
      @luisorozco3309 Год назад +1

      how long does it usually take to fullfill, mine has been pending for a few days?

    • @Danlyman2010
      @Danlyman2010 Год назад +3

      You might also want to mention there's a trade settlement date which is the date that you're purchase will actually happen, which is usually a few days in the future when you commit to buy it. Also, I was looking into the auto rollover feature which I came the year video to see what you knew about it from the wording on their side. Didn't actually sound like they're going to roll it over for you. They're just going to maybe alert you. I don't know. I couldn't figure it out by what they had listed there.

    • @DistrictCapital
      @DistrictCapital  Год назад +1

      @@luisorozco3309 Few days usually

    • @almoni33
      @almoni33 Год назад

      I am not a resident of the u.s. and the bank is outside the u.s. . how exactly in terms of the algorithm of my steps I would be able to buy and сD for a year. \ New Issue CD Rates (% APY)= 5.5 % for now \
      please explain . step by step so that there is no misunderstanding for me.

    • @DistrictCapital
      @DistrictCapital  Год назад

      @@almoni33 Thanks for your question. Can you please elaborate further? Is there a specific brokered CD you are looking to purchase? Thanks!

  • @mantiscity
    @mantiscity Год назад

    How do you stop the auto roll

    • @DistrictCapital
      @DistrictCapital  Год назад

      To stop auto-enrollment in a Fidelity account, you can follow these general steps:
      Access your Fidelity Account: Log in to your Fidelity account through the Fidelity website or mobile app using your username and password.
      Locate Account Settings: Once you are logged in, navigate to the account settings or profile section of your Fidelity account. The exact location of these settings may vary depending on the platform's layout and design.
      Review Automatic Enrollment Options: Look for options related to automatic enrollment or contribution settings. Fidelity may have specific sections or tabs dedicated to managing automatic enrollment or contribution preferences.
      Adjust Automatic Enrollment Settings: Within the automatic enrollment section, you should be able to modify or disable the automatic enrollment feature. Follow the provided instructions to make the desired changes.
      Confirm Changes: After adjusting the settings, review the changes you made to ensure they accurately reflect your preferences. Save the changes or confirm your selection according to the instructions provided by Fidelity.
      Verify the Update: To ensure that the automatic enrollment has been stopped successfully, it is advisable to check your account status or contact Fidelity's customer support if needed. They can confirm whether the changes have been applied to your account.