If you’ve opened an account with Fidelity, it’s time to dive into their platform. Fidelity offers a sleek, easy-to-use interface that is packed with powerful tools for both new and experienced investors. Here’s how to get started:
Step 1: Log Into Your Fidelity Account
Start by going to Fidelity’s website and logging in with your username and password. You’ll arrive at your personalized dashboard, where you can view an overview of your account, including your portfolio’s performance, recent transactions, and balances.
Step 2: Familiarize Yourself with the Dashboard
Fidelity’s dashboard has several key areas:
- Portfolio Summary: Displays the total value of your investments.
- Accounts: View different accounts (e.g., brokerage, IRA).
- News & Research: Access real-time market data and stock research.
- Trade: Place trades for stocks, mutual funds, ETFs, and more.
Step 3: Research Investment Options
Before making a trade, Fidelity’s Research section provides tools to analyze individual stocks, mutual funds, and ETFs. You can view performance data, historical trends, and expert recommendations. Fidelity also offers stock screeners to help you find investments that align with your goals.
Step 4: Make a Trade
To place a trade, click on the “Trade” tab. Select the investment type (e.g., stocks, ETFs, mutual funds), and input the ticker symbol for the asset you wish to buy or sell. Specify the number of shares or dollar amount and review your order before submitting.
Step 5: Use Fidelity’s Investment Tools
Fidelity offers powerful tools like the Retirement Planner and Investment Scorecard to track your long-term goals and investment performance. The Asset Allocation Tool helps you maintain a balanced portfolio according to your risk tolerance.
Step 6: Set Alerts
You can set price alerts for specific investments by clicking on the “Alerts” section. This helps you stay updated on market movements or when your portfolio reaches a certain value.
Conclusion
Fidelity’s platform is a powerful tool for both beginner and advanced investors. With its easy-to-use interface and robust research tools, you can confidently manage and grow your investments.