mutual funds, bonds, and all that fun stuff, although I don’t plan to. There is no annual fee, and I can put cash in one of their numerous money market funds. Their Fidelity Cash reserves fund (FDRXX) has an opening minimum of $2,500 and a current yield of ~5% ...
"It actually is paired very well for children earning income for the first time during the summer," Kelly Lannan, senior vice president of emerging customers at Fidelity Investments, said of Roth IRA accounts. Fidelity typically sees a roughly 30% increase in openings of Fidelity Rot...
Last week, I opened a new Vanguard Brokerage Services account in my existing Roth IRA, which previously only held Vanguard mutual funds. The process was straightforward and much like opening any other brokerage account, except that most of my personal information was already filled in. From theVa...
Many financial institutions offer two options: receive all interest at the end of a CD’s term, which is more common, or disburse interest as regular payments, such as monthly or annually. If you want to maximize interest by compounding, opt to receive it at the end. 5. Make the openin...
Here’s a quick list of CD rates at traditional and online banks and a brokerage: Ally Bank CD rates. Bank of America CD rates. Capital One CD rates. Chase CD rates. Discover Bank CD rates. Fidelity CD rates. Marcus CD rates.