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Why Fidelity Is The Best Brokerage! ⭐️

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Think Money

Think Money

Күн бұрын

Пікірлер: 282
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Check Out My Other Video Explaining How I Transferred Out M1 Finance Here: kzfaq.info/get/bejne/f9GcY6aExKmvm4U.html
@johnsmith-dm2tq
@johnsmith-dm2tq 3 жыл бұрын
watching it now, thanks
@KenanGrace
@KenanGrace 4 жыл бұрын
Loving the Whiteboard by the way 🔥
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
My guyyy 😎 any earnings u looking forward to this week?
@KenanGrace
@KenanGrace 4 жыл бұрын
Think Money 🔥🔥🔥 looking to buy some more Shares of ‘O’ stock to get my dividends up🥶
@noyb154
@noyb154 3 жыл бұрын
ameritrade has a solid interface and customer support interface too
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Yea, except that they were in on the GME restrictions as well. Lost respect there
@RizzlyricistGaming
@RizzlyricistGaming 4 жыл бұрын
Fidelity it is 📈📉
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
your channel is wild bro.. nice work on the thumbnails
@thepoetrymarket7785
@thepoetrymarket7785 3 жыл бұрын
Wow, this video in retrospect.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Thanks for the comment 💯
@tomd.191
@tomd.191 3 жыл бұрын
Helpful video, would you say people from foreign countries in EU should also pick Fidelity?
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Yes sir💯 fidelity is great all around!
@tomd.191
@tomd.191 3 жыл бұрын
@@ThinkMoneyBenny man that was fast, thanks for your answer. I am from Germany and searching for a more professional and safty Broker which has enough products. And this gives a real hard time. Probs on you
@traviswilliams1296
@traviswilliams1296 4 жыл бұрын
Good talk. Only one I haven’t used is Fidelity. I currently use robinhood and M1. Both are solid!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Travis Williams thanks for stopping by Trav!
@bunnymagic
@bunnymagic 3 жыл бұрын
I have Robinhood, they've been around since 04/2013 and havn't really impressed me even thou I opened up my digital currency and spread some investments in my portfolio including dividends with best return rates & M1 launched bout 2015 However only thing good bout them was their fraction share's which all invesment compny's are prety much launching. Fidelity founded 1946- The're 1 company that has a solid foundation with built Revenue in the Trillions.
@TheGoldenAgeofHardRock
@TheGoldenAgeofHardRock 4 жыл бұрын
Nice Review! Personally, I'm a Schwab fan, but there are a lot of great choices out there!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
It was either Fidelity Or Schwab for me, both great to keep our Dividend investments in for the long term.
@TheGoldenAgeofHardRock
@TheGoldenAgeofHardRock 4 жыл бұрын
@@ThinkMoneyBenny Agreed!
@adventureswithjulani
@adventureswithjulani 3 жыл бұрын
I am here about to open a UTMA for my 7 month old just want to find the right platfrom and I think I am going to start with putting the money in S&P500
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
good idea!
@ConnorPugs
@ConnorPugs 4 жыл бұрын
I personally use TD and I guess i'm biased in favor of it bc I've been using it for years and have somewhat personal relations with people there. Good video too! Also, do you have a twitter?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thanks! appreciate the comment! nope no Twitter
@alphaangel976
@alphaangel976 4 жыл бұрын
M1 Finance CEO is quite the character in this interview
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
🤦🏻‍♂️
@ronfromhk
@ronfromhk 3 жыл бұрын
how about Non-US (Asian) brokerage comparison? Specially For Forex. thnx
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
I have no knowledge of non US brokerages.
@JO-fk1bg
@JO-fk1bg 3 жыл бұрын
Roinhood also got hacked in October. M1 is nothing what i though from watching youtube channels then researching it. Acorn, stash, webull i keep seeing people tranfering accounts to schwab etc. Why even risk your money with these plateforms if they're truly not transparent on hidden fees, etc. I been looking for something solid. Fidelity might be it
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Yess sirr , get on it asap and see the difference 🚀🍀🍀
@spiritofadmetos9992
@spiritofadmetos9992 3 жыл бұрын
How many of you with your GME funds still in RH are nervous rn?
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Im sure many people
@jeffbrown6652
@jeffbrown6652 3 жыл бұрын
Hey man I appreciate you making this video my guy...This video was extremely helpful
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
And I appreciate the feedback! Thanks bro.. lets get it 🚀
@paintrain334
@paintrain334 3 жыл бұрын
Thank you bro! Great and very helpful video!!
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Welcome !
@NicoleFoti
@NicoleFoti 4 жыл бұрын
I invest with Fidelity and love it!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
😀i love it too, I even i applied for the Fidelity Visa credit card yesterday lol which stocks or ETF's do you invest in?
@NicoleFoti
@NicoleFoti 4 жыл бұрын
@@ThinkMoneyBenny Currently doing a lot of travel stocks and Disney right now!
@thatone_daniel
@thatone_daniel 4 жыл бұрын
hey! 👋🏻 saw your comment on Video Influencers video and decided to stop by! Awesome content! Keep crushing it ❤️!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thanks for the comment bro.. hope to see you around soon, i see we're both interested in investing!
@ryanjames5072
@ryanjames5072 4 жыл бұрын
Cramer is the man!!!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
yea that's my guy lol
@thePlum
@thePlum 4 жыл бұрын
Great comparison!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thanks!
@thePlum
@thePlum 4 жыл бұрын
@@ThinkMoneyBenny ✌
@rodneymessinger4200
@rodneymessinger4200 3 жыл бұрын
I like robinhood because of buying partial shares. You can't transfer partial shares to fidelity. Why do I want to go to fidelity? I'll stay with robinhood.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Fedelity does fractional shares as well.
@rodneymessinger4200
@rodneymessinger4200 3 жыл бұрын
@@ThinkMoneyBenny I read on fidelity page you can not transfer already partial shares to them. But you can buy partial shares. All I own on robinhood is partial shares. When fidelity changes that policy maybe I'll change over.
@MiloneMoneyMindset
@MiloneMoneyMindset 4 жыл бұрын
I really like M1 for the pie and fractional share feature. I want to look more into Fidelity. I offers a lot more for sure! Nice video man!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Fidelity also offers fractional shares!
@MiloneMoneyMindset
@MiloneMoneyMindset 4 жыл бұрын
Think Money yeah I think I ultimately might switch over. Fidelity is such a great platform.
@bryansproles2879
@bryansproles2879 4 жыл бұрын
The only thing I wish Fidelity would add is the ability to trade fractional shares on the website. I'm mid-40's, but totally a tech geek, so I have no problem using the Fidelity mobile app (which is great, by the way) to trade fractional shares, but when I'm actively researching stocks/funds, I'm on my Mac. I believe the website has mentioned that "to begin with" fractional shares are only available to trade on the mobile app, but I do hope they decide to add that feature on the full website as well.
@bunnymagic
@bunnymagic 3 жыл бұрын
everyon'es pretty much offering fractional shares these days.. FIdelity offers free enrollment, no monthly fees for your Roth IRA and starts u off with an option of FDIC-INSURED UP TO #250K;lower profits w/Stop loss or SPAXX-higher profits but has liquidity but also can set up a stop loss. search up all their accounts to view their selectiv packages I dont advertise.. I'm just a happy customer of theirs. they increased my profit shares fr my employer as well as built my IRA with their free brokers and traders assistance. I know their c.service was 24 hrs. idk bout now bc of covid, which has changed a lot of thngs
@h-hood
@h-hood 4 жыл бұрын
Great Analysis, spot on.👍
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Harry S88 thanks bro!
@PassiveIncomeTom
@PassiveIncomeTom 4 жыл бұрын
*I have both but don't use the accounts. So it'll be interesting to hear your take on these accounts.*
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
let’s seee
@silentkool21
@silentkool21 4 жыл бұрын
You can move slices easy in pies, but obviously it's not a trading platform I use it for my Roth, just pick my few stocks I know I'm gonna hold forever and keep depositing money. Not sure if I'm gonna stay with Robinhood or leave to do my other investing
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
you aren't able to move stocks around to other slices in the pie.
@StockInvestmentAnalysis
@StockInvestmentAnalysis 4 жыл бұрын
Awesome video! I actually switched from Robinhood to Fidelity a couple years ago. Fidelity’s research tools are really useful and have helped me with my stock analyses.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Glad to be on the fidelity train now with $0 commissions 🧤
@StockInvestmentAnalysis
@StockInvestmentAnalysis 4 жыл бұрын
Think Money yesss those $0 commission and fractional share changes were really great.
@gregoryedwards9097
@gregoryedwards9097 4 жыл бұрын
Bruh, as a new investor who started roughly a couple months ago, I appreciate this. I've been thinking about this as RH is very limited with what stocks you can purchase. Definitely going to be making the shift to Fidelity.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Glad it was helpful! let's grow that portfolio!
@johnsmith-dm2tq
@johnsmith-dm2tq 3 жыл бұрын
so i got inspired to get my s together by Dave Ramsey about 3 years ago, i have 2 years till my house is paid off and i can start investing, but i have no idea what to do in investing so i am watching vid and learning. i understand the concept of a stock, bond, what makes a fund mutual-lots of people pooled together, indexed- many assets pooled together. what i think i need is a vid where you pull up a list of investments like growth stock mutual funds and go over what all the #s in the different coulombs mean and besides the return and length of time how you would choose one or understand that it is bad.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
i had the same questions, just keep watching youtube videos, i recommend joseph carlsons channel.. get your feet wet buying a few stocks you like and see how it all works, and just keep researching
@watching4410
@watching4410 4 жыл бұрын
I moved over to Fidelity & has everything you may want -- I really miss the pie feature. The UI is soo messy it needs some serious work, but what they have to offer is far and wide. Analysis tools are extremely good. I think videos and strategies would be useful to get use to Fidelity. The closest you can get is creating pie in pies, is to have separate brokerage accounts with the portfolios set up and auto deposit from an account to them appropriately. -- the problem would be you cannot re-balance across in one go and could rack up transactions.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Watching fidelity or any of the other big brokerages is where you want your money, especially if starts to become a large amount
@watching4410
@watching4410 4 жыл бұрын
Thanks for the reply. Schwab was the other alternative for me. Trying to learn fidelity. I already have a plan of action but executing that plan has been difficult with fidelity UI. I might talk to a member if I could to get it set up. . Schwab is also feature packed, customizable. Had some great analytics too. I might switch over if it comes to it, but I sticked to fidelity because of 0 overdraft fee.
@watching4410
@watching4410 4 жыл бұрын
Forgot to mention.. I tried RH (love how easy is to trade). (Not for long term/downturn, also very speculative by nature). M1 great long term, shouldn't need large trade windows for that reason. Transferring securities on both are high. TD is best responsive trading platform. Webull special cause has shorting. Possibly low liquidity. I know the other ones but haven't tried them. Schwab/fidelity is best cause have all features you need. (Cause possible fee changes in future, might want trading speculation elsewhere. I'm avoiding doing that.) Fyi: For those who want to day trade.
@TheRDGuarantee
@TheRDGuarantee 4 жыл бұрын
Robinhood is too sketchy with their failings. Like you, I got started in Robinhood. In February, 2020, I moved to Fidelity. The customer service is out of this world!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Agreed ! very sketchy !
@kimakashi
@kimakashi 3 жыл бұрын
This aged well lol
@TheRDGuarantee
@TheRDGuarantee 3 жыл бұрын
@@kimakashi aha
@oscarruiz-pr8rc
@oscarruiz-pr8rc 3 жыл бұрын
@chris yeah it did. Also... Cramer eats dingle berries after he brushes his teeth. 😂
@moem.sultan4519
@moem.sultan4519 4 жыл бұрын
I'm brand new to investing. I think I'm going to start with Robinhood and work my way up. This helps! Thanks a lot
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
my guy MOE
@harryauquilla6719
@harryauquilla6719 4 жыл бұрын
Do you think we hit bottom or will continue to see a drop in the coming days
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
to the MOON! short the viXX
@radhames174
@radhames174 4 жыл бұрын
V shape recovery!!
@Cruzan9
@Cruzan9 3 жыл бұрын
Why am I watching this video? I desperately need to open a Roth IRA and am trying to decide between robo-broker or traditional broker. Also, during my research, it came down to M1 Finance and Betterment. Fidelity was sort of an in because my 401k with my former employers is through them. So, I am trying to decide if I should stick with Fidelity and rollover within (new employer also uses Fidelity) and just go ahead and open a Roth IRA with them while I am at it or go the route of robo-broker. I have about one month left to decide.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Cruzan9 fidelity all the way! No questions asked
@hyrumgomez3969
@hyrumgomez3969 4 жыл бұрын
Why do you think webull is trash? I invest my money there and I find it pretty easy to use given the fact that I had never invested before. My 401k is through fidelity. And I really like the info. Thanks man.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Thanks for comment! I don’t think weBull is “trash” per say, I was kinda joking but when compared to robinhood, I really like Robinhoods interface instead. I also used Webull briefly to get the 2 free stocks last year way before everyone on youtube began advertising it. The overall feel of the platform was not that great. Maybe it’s changed now, I wouldn’t know.
@hyrumgomez3969
@hyrumgomez3969 4 жыл бұрын
Think Money oh gotcha! They let you trade options now and open a Roth as well. The comments section is pretty nice to have also. But I might look into fidelity now as well. Once again, thanks for the info my guy
@gilbertnicholas1582
@gilbertnicholas1582 4 жыл бұрын
You're exactly right when you said the only thing really missing from Fidelity is the ability to track the progress of your individual stocks over different periods
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Yea, I hope they add this feature soon!
@JamesGamesMTG
@JamesGamesMTG 4 жыл бұрын
Funny I'm just now seeing this after your comments on my channel about Robinhood. I'm gunna check out the Fidelity vs M1 Finance video after this.
@JamesGamesMTG
@JamesGamesMTG 4 жыл бұрын
Ok so I do think Fidelity looks like a good platform for sure! But I don't think Robinhood is unsafe, it is FDIC insured. I did like how you put your video next to M1 CEO and Joseph Carlson and showed your reactions. Pretty funny XD
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Lol i was going to mention to check out this vid earlier too but didn’t get to it.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Yes it’s FDIC insured. So if you’re only holding shares it shouldn’t be a problem. However if you’re into options trading, as I mentioned earlier.. and the app crashes, you’re unable to get rid of contracts.. etc which could make you lose your money. I’ve seen it happen to my friend. He was pissed off.. and robinhoods customer service was of no help.
@JamesGamesMTG
@JamesGamesMTG 4 жыл бұрын
@@ThinkMoneyBenny Gotcha. Yeah I could see how Robinhood would be terrible for options. But yeah right now pretty much just holding for me.
@KevenJoslin
@KevenJoslin 3 жыл бұрын
do they allow reoccurring deposits for a fractional share investing
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
u can set up monthly deposits, but you will have to invest manually.
@McGuire702
@McGuire702 3 жыл бұрын
Looking for different platforms
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
it’s all about research!
@E97x
@E97x 2 жыл бұрын
does fidelity do a hard pull to open a brokerage account?
@ThinkMoneyBenny
@ThinkMoneyBenny 2 жыл бұрын
No
@trevorhassel8296
@trevorhassel8296 4 жыл бұрын
For me, Robinhood has been my favorite I really think it just comes down to simplicity. Great video man look forward to more videos
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Thanks for stopping by man.. I hit up your channel as well and subbed 💵
@JudahMoon
@JudahMoon 4 жыл бұрын
I liked the video and sub you too! It was cool I felt like I was chopping it up with one of the OG’s. Good channel brudha
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Judah Fire lol thanks man i appreciate the cool comment, it’s a little tough to get here and make vids but i’m just trying to get across my thoughts on the matter
@somphitchanemanivong9904
@somphitchanemanivong9904 3 жыл бұрын
I'm new investor looking where to invest and some ideas. Thanks for the helping videos.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Thank for the feedback and welcome to the channel!
@justins356
@justins356 3 жыл бұрын
Helpful! BUT what about using Vanguard? Im trying to decide between Fidelity and Vanguard.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Vanguard is legit too, Fidelity is just more popular & looks better visually, online & app
@youtubeexpert2441
@youtubeexpert2441 3 жыл бұрын
webull is a scam. i lost access to my phone number associated with the account and i lost access to my account. its been a month and no one responded to my emails, calls, in app messages! I reached out on Twitter and Webull blocked me on Twitter!!! eventually I sent a complaint to BBB and they emailed back. but still respond with generic answers! they don't give a shit.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
That’s insane 😳 go with Fidelity & never look back
@asianguyinmd
@asianguyinmd 4 жыл бұрын
I was going to create an M1 account but glad I watched this video and the other video (transferring your M1 account to Fidelity). Thanks a lot!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Joshua A. You’re welcome, glad i could give you my personal thoughts on the matter!
@valeriadlzamora2836
@valeriadlzamora2836 4 жыл бұрын
I’ve been watching your videos since early morning and I learned so much
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
That’s awesome! I’m only paying it forward because this is where I learned too.
4 жыл бұрын
Nice share, nice video, good luck to you next time! keep connect
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thank you!
@Phizzo4real
@Phizzo4real 3 жыл бұрын
I like M1 because of their pie, and the M1 borrow feature. That borrow helped me make 5k on a 3k loan. And it came in clutch when I was facing some financial hardship. I dont have to worry about going to a bank or a credit union for loan with high interest rate. I can borrow against my account and pay back at my pace without worrying about huge interest rates. M1 is more than just their single trade window. Yes, the single trade window is ridiculous and poor customer service was why I switched from STASH (cool for beginners but terrible), overall M1 is not bad. I like it. I have M1 and Fidelity. Yes, you can have more than one brokerage account, even more so now with zero fees and commissions - one other reason we all have to be grateful to RH and all these new firms for beginner investors despite their shortcomings.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
There are always exceptions, M1 might suit others better for whatever reason.. but overall Fidelity outshines them. And yes, definitely thankful for Robinhood opening up the doors to free trading!
@Phizzo4real
@Phizzo4real 3 жыл бұрын
@@ThinkMoneyBenny 100% agreed. I have an HSA, Roth and an Individual brokerage account with Fidelity. You wouldn't get me to say a bad thing about Fidelity. And you are right, like me, there are many others using M1 for varying reasons. That said, you will never get me to use a service that charges any kind of fee ever again lol. For a retail investor like me, those fees add up and reduce profit margins
@qmakesithappen
@qmakesithappen 4 жыл бұрын
This was on point my man, you're really putting in the work and staying active! The only way to wealth is proper money management which you clearly have. Keep it up Benny!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
My boy Q blessing the channel, good looks on showing love bro!
@qmakesithappen
@qmakesithappen 4 жыл бұрын
@@ThinkMoneyBenny no doubt, I think your channel is underrated bro. You got some quality work my man 💯
@MRMillennial
@MRMillennial 4 жыл бұрын
fidelity is the best ! u for sure convinced me thanks
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
👍🏻for sure. thnks bro!
@gofman1109
@gofman1109 4 жыл бұрын
If anyone wants to buy 100 different stocks on Fidelity, they would need to submit 100 trades. They only need to submit 1 buy with M1. I don’t know if anyone wants to buy 100 shares. If so, they just buy an ETF. I think Fidelity is still better.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
No question about it being better than M1.. thanks for commenting 👍🏻
@clownanaround7996
@clownanaround7996 3 жыл бұрын
I just wonder why these big brokers didn't do free stock buying b4 because they wanted to keep taking our money. Robinhood making old brokers change with new times
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Yea robinhood helped us small investors get free commissions
@solarfreedom9387
@solarfreedom9387 4 жыл бұрын
appreciate the info this Tim from the poker app
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Nice.. thanks for rolling through!
@JolyTematio
@JolyTematio 4 жыл бұрын
Great video! I can tell you did great research to bring us some valuable content. New here and enjoying your content💣
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
hi ! thank you for stopping by. 😊
@keithnoland3691
@keithnoland3691 4 жыл бұрын
I just Transfer my money to Fidelity from M1 Finance. M1 Finance put my account on pause. Should I put any money in M1 Finance?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
NO, leave it alone and wait until everything is transferred out. If you try putting money it/out it will delay your transfer. Also, once the transfer is complete, your M1 account will be closed.
@keithnoland3691
@keithnoland3691 4 жыл бұрын
Think Money How do you use Fidelity. Can you show use? I’m a new investor. I just left M1 Finance.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
what do you want to learn how to do? it’s fairly easy once your start exploring your account.
@keithnoland3691
@keithnoland3691 4 жыл бұрын
Think Money thanks
@keithnoland3691
@keithnoland3691 4 жыл бұрын
What is settled cash for Fidelity? I don’t get it. If I have money in my account to trade why I can’t trade if I have $0 settled cash. It will be a violation.
@yourbasketballgame1933
@yourbasketballgame1933 4 жыл бұрын
Thanks for info....done watching...
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Thanks
@shefashebli2422
@shefashebli2422 3 жыл бұрын
I'm a newbie in investing and wanna understand more !! i choice Fidelity and hope to get the idea 🙏 thanks
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Keep going, and learning! Research
@jusslookin9826
@jusslookin9826 4 жыл бұрын
Question, do you know if I can transfer my entire margin account from RH to Fidelity without having money in the Fidelity account?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
I’ve never used Margin so I can’t give you an answer, however you can simply email Robinhood this question, and also call Fidelity to get the answer. Let me know what they say, I’m interested in knowing the answer to this question as well.
@jusslookin9826
@jusslookin9826 4 жыл бұрын
@@ThinkMoneyBenny sorry just saw this reply, I transferred my account to Fidelity no problem. I had a margin account in Robinhood and I had to pay off any borrowed money I owed before they transferred my assets. I had cash in both my accounts during the transfer and they withdrew the $75 transfer fee
@goldisrealmoney6658
@goldisrealmoney6658 3 жыл бұрын
Can you place orders immediately after depositing ? Or do you have to wait 3 days to settle before purchasing ?
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
You can place orders right after depositing
@NikhLogic
@NikhLogic 4 жыл бұрын
Great Video! Since we both are trying to grow in the same industry, looking forward to growing together and helping people with financial aspects. ✅
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Best of luck my friend!
@mrfantastic7988
@mrfantastic7988 3 жыл бұрын
I know this vid is a few months old, but i was looking up on how to starring trading your vid keeps coming up. Is fidelity good for beginners? I dont trust robin hood
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
fidelity is great all around, it might take a little getting used to compared to robinhood but you will be just fine.. u can’t go wrong with Fidelity 🚀
@radhames174
@radhames174 4 жыл бұрын
TD is the brokerage account, my guy still has the same hoody from when HS back in 1995 lol great video 🙌🏾
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Abercrombie oldie but goodie 😎
@EricWPowell
@EricWPowell 4 жыл бұрын
I use TD for clients and personally currently. Great breakdown of these three! "Everyone is a genius in a bull market" - SO TRUE!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
TD is great as well. 👍
@silentkool21
@silentkool21 4 жыл бұрын
Love TD but don't know what's gonna happen when Schwab takes over
@EricWPowell
@EricWPowell 4 жыл бұрын
@@silentkool21 Agreed. I've been with them for a long time and hope they keep the tech they currently use.
@caesaralvarez7055
@caesaralvarez7055 3 жыл бұрын
Benny - I follow Joseph Carlson, meet Kevin & graham Stephan and currently invest with TD ameritrade but will switch to Fidelity in 2021 to consolidate investments with my hsa & to get the 2% cash back visa. I would encourage you to divest from Geo group, they profit off the criminal justice and immigration systems. You got multiple likes & a sub from me - keep up the great work
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Thanks man! yes i sold that stock already, it was a bad investment, a beginners mistake looking for high yield. but you can see my new portfolio in my latest video!
@jfresh2054
@jfresh2054 3 жыл бұрын
I wish you would create a start to finish using Fidelity. Like I don't anything about investing which is very sad. Even the common investing terminology is foreign to me. If you do, let me know and I'll sub and follow you
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
what do you mean a start to finish?
@StockOverflow
@StockOverflow 4 жыл бұрын
I totally agree! Fidelity is my home for the forseeable future! The only thing I would say about Webull is that it allows you to do paper trading, which might be useful for new investors who want to get a feel for the market without putting in extra money. I don't have anything good or bad to say about it otherwise.
@iGetEm420
@iGetEm420 4 жыл бұрын
Consider using TD ameritrade over webull. It’s the best paper trading platform out there. I’ve had TD for 5 years and switched over to fidelity but I stop using TD think or Swim because there’s nothing free out there as good as that. Nothing will get better.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
In my opinion, there’s no better way to learn than with your own real money. That way you’re forced to learn lessons fast 😭 lol
@iGetEm420
@iGetEm420 4 жыл бұрын
@@ThinkMoneyBenny Agreed, that's how I learned for 5 years. lol Now I'm doing paper trades to experiment with more advanced option plays. Earnings week coming up! Anyone playing them?
@relentless_animal4127
@relentless_animal4127 4 жыл бұрын
How does a pie work in fidelity compared to M1? Can you create your own profile and allocate your investments %’s ?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Fidelity does not have a pie system, or allocations by percentages like M1. However, they offer a ton more features which make the experience at Fidelity a whole lot better. You can create an account with Fidelity for free and see for yourself.
@SoFirmStudios
@SoFirmStudios 4 жыл бұрын
I'm probably going to move my account to Fidelity or TD Ameritrade. I do a lot of options trading and use Vanguard at the moment which has, probably, the highest options fees at $1.00 per leg per contract. For a while I've just accepted it because I'm comfortable with them as a broker but with the volume of contracts I do it's hard to ignore how the small difference in fees really add up.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Certainly. Fidelity’s fee for options is under $1
@SoFirmStudios
@SoFirmStudios 4 жыл бұрын
@@ThinkMoneyBenny Yea, $0.65 at each broker. It's a lot compared to the $0 at RH but if you hold even more than a few thousand dollars in an account I'd say the added support of a professional brokerage is worth the cost.
@iGetEm420
@iGetEm420 4 жыл бұрын
Thanks! Use fidelity for long term positions and robinhood for short term trades. I find it easier to day trade short term options using RH because of the user interface is much easier.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Lewis Cabarrouy i like Robinhood for short term options too. And also like using the App to check prices!
@jiankuo
@jiankuo 3 жыл бұрын
Fidel’s Active Trader Pro on Mac runs like snit
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
i dont like it active trader, it sucks
@fernandov2838
@fernandov2838 4 жыл бұрын
Great videos. Do a video on creating or managing a pie in fidelity.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Fernando V thanks!
@sasasavage5047
@sasasavage5047 4 жыл бұрын
I actually am an odd ball and use stockpile, because they had the fractional trading and were simple, which is no longer an advantage. I do like how I can link my debit card and get cash into my account quickly. Does Fidelity allow this, or do you have to wait a couple of days for a wire transfer to go through?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
all my deposits are instant, up to $25K !
@Dipped_inOctane
@Dipped_inOctane 4 жыл бұрын
Hey bro appreciate the video. Im new to investing and been messing with robbinhood but have been looking for something different. Can I create a "pie" like m1 and auto invest each week equally into my portfolio, in Fidelity?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
hey thanks for the comment Zach. There’s no “pie” or auto invest in Fidelity like M1, it is more hands on. However you get a lot more with Fidelity. You get to purchase at anytime during the day, set limit orders, and you get a lot more than what you get with M1. You will be glad you switched. 💯
@Dipped_inOctane
@Dipped_inOctane 4 жыл бұрын
Hey bro thanks for that fast response. For real. I'm glad I haven't put anything into m1 yet just made the account. But I feel what you mean by how trusted are some of these places. Really glad iv been doing non stop research on all this in my free time which isn't much. Ima check that shit out right now
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
no doubt bro keep researching. 💯
@canine7236
@canine7236 4 жыл бұрын
I’m interested in switching but when talking to fidelity last year if they would be adding fractional shares and no commissions they weren’t very arrogant and said no. They clearly got scared how popular m1 was getting. Side they started offering shortly after. I haven’t switched yet
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Fidelity does so much more than M1, that’s why I left M1
@canine7236
@canine7236 4 жыл бұрын
Think Money how did you get you tax info from m1. For example if I contributed 800 to Roth with m1 and had a taxable account,do they immediately send tax info you need Thanks
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
They send you the tax info in March
@EvangelistRBColbert
@EvangelistRBColbert 4 жыл бұрын
My main portfolio is with Fidelity!!! I use cashapp for my play money.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Cashapp?
@EvangelistRBColbert
@EvangelistRBColbert 4 жыл бұрын
@@ThinkMoneyBenny - Cashapp is a new platform! Similar to Acorn and Robinhood!
@Ben-fb8he
@Ben-fb8he 3 жыл бұрын
Are there two types of fidelity accounts
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
There are different types of accounts
@malik2381
@malik2381 4 жыл бұрын
New...I've been on Robinhood for a month now.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
nice.. what stocks are you buying?
@malik2381
@malik2381 4 жыл бұрын
@@ThinkMoneyBenny Through 10k in and generally speaking focused on growth and dividends stocks
@fervdez6536
@fervdez6536 4 жыл бұрын
Do you know how to setup asset allocation on Fidelity. I know what funds I want to buy, but trying to figure out how to set up the percentages auto investment.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
You can’t set up auto invest with percentages & asset allocation like M1 Finance. You have to buy everything manually with Fidelity.
@brad265
@brad265 4 жыл бұрын
I thought this was supposed to be a fidelity video not an M1 finance video. Why take nearly 9 minutes to get into it?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Thanks for feedback 👍🏻
@iamjcmiguel
@iamjcmiguel 3 жыл бұрын
New to investing. Need a mentor! Currently started using robin hood and now ATP/w fidelity.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
JC Miguel welcome to the channel! I started with Robinhood to learn as well & made my way into Fidelity, great move!
4 жыл бұрын
SUBSCRIBED!🔥🔥
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
let's goo!
@PickSixCentral
@PickSixCentral 4 жыл бұрын
I let the 2 minute ads roll so you can get money
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
You the man! 💰
@PickSixCentral
@PickSixCentral 4 жыл бұрын
I hope to get KZfaq Payments someday
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Pick Six Central keep working 💯
@tammiegriffin5569
@tammiegriffin5569 4 жыл бұрын
Webull was awful. I took my 2 free stocks and bounced.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
😹 i did the same, last year way before everyone began promoting it here
@CaseyBurnsInvesting
@CaseyBurnsInvesting 4 жыл бұрын
2 FREE STONKS FOR SIGN UP FOR WEEBLE! (every KZfaqr rn)
@CaseyBurnsInvesting
@CaseyBurnsInvesting 4 жыл бұрын
(Still holding Robinhood myself)
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Lmfao 🤦‍♂️ this weBull nonsense will end soon I’m sure. Robinhood Is still clutch, I use app everyday to check prices.
@brandcop555
@brandcop555 3 жыл бұрын
Do you have any extremely profitable expert advisors that someone can refer me to?
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
No
@jesselam2413
@jesselam2413 4 жыл бұрын
Do you have a Roth IRA in fidelity too?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
I don’t because I have a 401k through employer. If i did not I would open my own IRA with Fidelity.
@MavsFan10000
@MavsFan10000 4 жыл бұрын
How do you rate their app?
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
I like the Fidelity app. It’s easy to use and easy to navigate through. The Robinhood app is still my favorite though because it’s aesthetically appealing.
@EasyCodesforKids
@EasyCodesforKids 4 жыл бұрын
I’m a little too nervous to jump into Robinhood!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
buy 1 share of your favorite company, thats how i learned 👍🏻
@ryanjames5072
@ryanjames5072 4 жыл бұрын
I use schwab right now and I love it!! I'm starting a growth Portfolio with fidelity soon
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Not bad not bad, lets get the money$$
@bunnymagic
@bunnymagic 3 жыл бұрын
I was considering into looking into Schwab but currently with Fidelity and I Love them! I moved my funds fr Wells Fargo to Fidelity.
@nikcole-bone-8241
@nikcole-bone-8241 3 жыл бұрын
Hmm. Look at me now shopping around after this whole GME, AMC, etc mess 🤦‍♀️
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Look no further, Fidelity is where it’s at 📈
@craig7452
@craig7452 3 жыл бұрын
@@ThinkMoneyBenny do you say trade as well? I heard fidelity doesn’t allow that and is good for like long term investing
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Yes I day trade everyday using Fidelity. That is not true. You have to do your research and not go by what people say.
@akmclemore
@akmclemore 4 жыл бұрын
I love both Fidelity and Schwab, Fidelity has some of the lowest expense index funds on this planet. Great vid brother, looking forward to your next one!
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
The next one is up! I’m quick! Lol
@lcastill2013
@lcastill2013 3 жыл бұрын
dude! am I the only one that thinks that robinhood spokes guy looks skeeeetch!!!! after seeing him i wouldn't trust my money with that guy if my life depended on it! haha
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
lol def sketch 💯
@JakeBroe
@JakeBroe 3 жыл бұрын
Haha, you were definitely ahead of the time.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Oh yea! I have a follow up video on this matter for my next video.. got a few things to say! 😳 lol
@lcastill2013
@lcastill2013 3 жыл бұрын
Im 40 years old high income earner with no savings no investments no assets other than my vehicle paid in full. Im ready to FINALLY get serious about my investing and saving. I jumped right in with Fidelity and I feel pretty good about it! We'll see how it goes, so if you can make some very elementary videos for people like me and keep them coming. Great video!
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
awesome man! good to hear, it’s always better to start late than never.. that’s for sure! Thank for the support!
@ogvlad3882
@ogvlad3882 4 жыл бұрын
👍🏻
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
👍👍
@oymisa12
@oymisa12 4 жыл бұрын
Damn man M1 super suspect, good content 👌🏾
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thanks Mys!
@omarrdz116
@omarrdz116 3 жыл бұрын
Currently waiting on my transfer between Ratbinhood , yes Ratbinhood, Fidelity you have my business.
@ThinkMoneyBenny
@ThinkMoneyBenny 3 жыл бұрын
Lets GOOO!!! 💎
@marilyn1951
@marilyn1951 4 жыл бұрын
Hello. New friend here. Have a good relationship with us. God bless you.🤝👍🔔
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
Thanks for leaving a comment!
@WorldHAX
@WorldHAX 4 жыл бұрын
Wow. Nice video. Greetings from #WorldHAX
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
thanks!
@nadineoshima8754
@nadineoshima8754 4 жыл бұрын
I wish I never listened to you. I expose more money to get less return. You work for fidelity you’re a fraud. You work for fidelity I’m convinced.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
What? Lol
@nadineoshima8754
@nadineoshima8754 4 жыл бұрын
Think Money I risk more money for less gains almost double I’m going back to M1 I was so confident in you.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
🤦‍♂️ still have no clue what you’re saying. But either way, rule #1 on the internet, take responsibility for your own actions & never do something because someone else said so. enjoy your day 👍🏻
@nadineoshima8754
@nadineoshima8754 4 жыл бұрын
Think Money you work for fidelity I’m going back to M1 it’s less rush for an average
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
That’s entirely up to you to decide. Enjoy. 👍🏻
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