Investing can be super intimidating especially when you have no clue what you’re doing. Today I’ll give you 5 reasons why Fidelity is the best service for you to start investing with. They have no minimum. This is common among most major investment firms, but it’s still nice! They have fee-free index funds as well […]
Investing can be super intimidating especially when you have no clue what you’re doing. Today I’ll give you 5 reasons why Fidelity is the best service for you to start investing with.
They have no minimum.
This is common among most major investment firms, but it’s still nice! They have fee-free index funds as well as individual stocks for you to invest in which is great when you’re just getting started!
They offer stock slices!
Stock slices, or fractional shares, can put you at a huge advantage when first starting your investment journey. If you aren’t quite sure how fractional shares work, I have another video that explains just exactly how they work!
Basically, fractional shares allow you to buy into higher priced stocks, like Amazon, without buying a whole $3,000 share! Fractional stocks can be made to fit your investing budget no matter how much you have. No more waiting for prices to drop or until you’ve saved some ridiculous amount to start investing!
They have a great robo-advisor option!
If you aren’t quite sure what a robo-advisor is, this video explains it perfectly. Fidelity offers a free robo-advisor as long as your investment balance is below $10,000. Plus, they use no-fee funds in your portfolios so more of the money you invest is actually going to you!
They have a great selection.
Fidelity offers a ton of different index funds for you to choose from. They offer a few zero-fee funds and have pages upon pages of low cost index funds.
The best part about FIdelity’s index funds? They have no minimum! Most major firms will only let you invest with a couple thousand or more, so this is a huge bonus!
Now for my personal favorite: LIVE customer support!
Call me old fashioned, but something about talking on the phone is much easier than sending an email and waiting for a reply.
With Fidelity, you have 24/7 access to a real person with answers to just about any question you may have about your account. They can answer anything from setup to retirement questions!
When it comes down to it, selecting an investment firm is really up to personal preference. But when it comes to new investors, Fidelity is the way to go.
Browse my best selling courses to get a solid foundation on how to start investing and preparing for your future!
PLEASE COMMENT BELOW