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Fidelity In 30: Dollar Cost Averaging | Fidelity Investments 

Fidelity Investments
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Dollar-cost averaging is when you invest a set amount of money on a regular basis, no matter what the market’s doing. Watch to learn more about this investing strategy.
Questions? Drop them below 👇 and we’ll reply right in the comments.
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Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
1033284.3.0

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2 окт 2024

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Комментарии : 4   
@xst-k6
@xst-k6 Год назад
Why doesn't Fidelity allow DCA for ETFs and biweekly or daily buys?
@Fidelity
@Fidelity Год назад
Currently, Fidelity only offers Automatic Investing for eligible mutual funds that you already own. For stocks and ETFs, you must manually place these trades online or via our mobile app. Keep in mind, even if the trade is placed manually, you will still be averaging your cost basis for the position. We know this feature has generated a good amount of interest for stocks and ETFs, and I have forwarded your question as additional feedback to the appropriate team. As a result to customer feedback, we have recently included additional frequency selections for automatic mutual fund investments and also recurring transfers. Please check out our Reddit sub where we posted the recent update: www.reddit.com/r/fidelityinvestments/comments/14f7720/we_have_another_update_to_share_with_you_based_on/ Please let us know if we can further assist!
@gabriellefuerte3124
@gabriellefuerte3124 Год назад
Is there a way to automate the buys? Or do I just have to do a monthly contribution then manually buy the stocks?
@Fidelity
@Fidelity Год назад
Thank you for reaching out to us, Gabrielle. We are happy to provide you some information about this. We offer the Automatic Investment feature to automate the deposit of funds into your Fidelity, along with the ability to make additional purchases into eligible mutual funds you already own in your Fidelity accounts, including our nonretirement accounts, IRAs, and 529 plan accounts. We do not have automatic investing for equities, such as stocks or Exchange Traded Funds (ETFs) at this time. This has been a highly requested addition to our platform, and we'll pass your feedback to the appropriate teams. In the meantime, you can manually enter your buy orders for the equities you wish to purchase. If you have further questions, please reach out any time!
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