Maximize Your Investments with Fidelity's Automatic Investment Fee

Investing in the stock market can be a daunting task, especially for beginners. The fear of losing money and the complexity of the market often discourage people from investing. However, Fidelity offers a solution to help you overcome these challenges - automatic investing.

What is Automatic Investing?

Automatic investing, also known as recurring investing, involves setting up automatic transfers into your investment accounts at regular intervals. This strategy allows you to invest similar amounts consistently over time, regardless of market volatility.

By investing regularly, you can take advantage of dollar-cost averaging. This means that you buy more shares when prices are low and fewer shares when prices are high. Over time, this can help reduce the impact of market volatility on your investments.

Benefits of Automatic Investing

1. Reduce Price Volatility: Investing similar amounts at regular intervals can help reduce price volatility over time. This strategy allows you to buy more shares when prices are low and fewer shares when prices are high, resulting in a lower average cost per share.

2. Build a Lasting Routine: Automatic investing helps you develop a disciplined investment routine. By setting up automatic transfers, you ensure that you consistently invest, even during busy or challenging times.

3. Efficient Portfolio Management: Fidelity offers baskets, which are pre-selected groups of stocks or exchange-traded funds (ETFs). Using baskets allows you to diversify your investments and manage your portfolio more efficiently.

How to Get Started with Automatic Investing

Getting started with automatic investing is easy. Follow these steps:

Step 1: Choose an Affordable Account

Fidelity offers a wide range of affordable investment accounts to suit your needs. Whether you're a beginner or an experienced investor, there's an account for you.

Step 2: Set Up Automatic Transfers

Once you have chosen an account, you can set up automatic transfers from your bank account to your investment account. Determine the amount you want to invest and the frequency of the transfers.

Step 3: Select Your Investments

Fidelity offers a variety of investment options, including mutual funds, ETFs, and individual stocks. Choose investments that align with your financial goals and risk tolerance.

Step 4: Monitor and Adjust

Regularly monitor your investments and make adjustments as needed. Review your portfolio's performance and rebalance if necessary.

Fidelity's Transparent Pricing

One of the key concerns when it comes to investing is fees. Fidelity addresses this concern by offering straightforward and transparent pricing.

With Fidelity, you know exactly what you are paying for. There are no annual account fees, and the value for trades is great. Additionally, there are no transaction fees on thousands of funds, making Fidelity's pricing one of the most competitive in the industry.

key takeaways

Automatic investing is a powerful strategy that can help you reach your financial goals. By investing regularly and taking advantage of dollar-cost averaging, you can reduce the impact of market volatility on your investments. Fidelity's transparent pricing ensures that you can maximize your returns by minimizing fees. Start your automatic investing journey with Fidelity today and watch your investments grow.