Sign up to save your podcasts
Or
Share Fidelity RAISES Interest Rates AGAIN!
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Fidelity RAISES Interest Rates AGAIN!
Click this link right before doing your Amazon shopping as an easy way to help out the channel: https://amzn.to/3yxQ4o4
See my $130,000+ Stock Portfolio: https://www.patreon.com/citizenoftheyear/posts
Today I will explain Fidelity’s Core Positions (uninvested cash) that automatically goes into SPAXX and FZFXX money market accounts that will accrue interest. At the time of this recording that is about 4.5% and gets paid monthly. Even with how high inflation is these days, that is an attractive yield for a fund that invests everything into Government securities. Government bonds are a low risk investment as the government can just print money to pay back investors. SPAXX and FZFXX are also impacted by interest rates which will dictate how high or low the yield will be. Follow me on YouTube: CitizenoftheYear!
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
View all episodes
By CitizenOfTheYear
4.4
99 ratings
Click this link right before doing your Amazon shopping as an easy way to help out the channel: https://amzn.to/3yxQ4o4
See my $130,000+ Stock Portfolio: https://www.patreon.com/citizenoftheyear/posts
Today I will explain Fidelity’s Core Positions (uninvested cash) that automatically goes into SPAXX and FZFXX money market accounts that will accrue interest. At the time of this recording that is about 4.5% and gets paid monthly. Even with how high inflation is these days, that is an attractive yield for a fund that invests everything into Government securities. Government bonds are a low risk investment as the government can just print money to pay back investors. SPAXX and FZFXX are also impacted by interest rates which will dictate how high or low the yield will be. Follow me on YouTube: CitizenoftheYear!
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
More shows like Collect Cash
View all
Motley Fool Money
3,223 Listeners
The Peter Schiff Show Podcast
5,677 Listeners
Investing Insights
522 Listeners
Millionaires Unveiled
899 Listeners
BiggerPockets Money Podcast
3,083 Listeners
The Dividend Guy Blog Podcast
64 Listeners
The Pomp Podcast
1,843 Listeners
Not Me, But You!
11 Listeners
Dapper Dividends
38 Listeners
The Personal Finance Podcast
1,404 Listeners
ETF Battles Podcast
11 Listeners
Dividend Investing with Longacres Finance
41 Listeners
Market Bytes
8 Listeners
Roaming Returns
2 Listeners
The ETF Guys
11 Listeners