Setting up your investing account is crucial to get started investing in the stock market if you want to make dividends or other passive income. I personally use fidelity investments for the majority of my dividend investing portfolio. It is easy to use and user friendly, this is my fidelity investments tutorial. I use this for all my wealth building, cash storing and dividend investing.
In the portfolio, I have a Fidelity 401k, Roth IRA, and individual brokerage account. I reinvest my dividends to attain more monthly dividend income and passive income! I also use fidelity to host 529 accounts for my nieces and nephews! And have real estate investments like fundrise, cardone capital and REITs.
Head to www.fidelity.com to open your portfolio today! (I am not a fidelity affiliate, and do not make a commission off this link)
Dividends / Options ETF (Includes QYLD, XYLD, NUSI, RYLD) –
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Moonshot –
Aggressive Ideal –
Ideal –
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@MattMoney How do I know if I am investigating in the right kind of account?
one question…whats the Difference between a brokerage and cash account on fidelity?i have my AMC shares on my cash account…..thanks in advance
I accidentally opened two brokerage acc
In the process of moving all to Fidelity. Should have all completed by next week. Best move I could have made. Should have done this long time ago. Will be so much easier to pull up on brokerage and see it all in front of your eyes instead of signing in and out with other brokerages.
Hi! I have question about PLTR .I am going to buy PLtR shares .Should I set up capital gains to be reinvested in to security or deposited to core account?For All index funds shares I chose to reinvest in security but PLTR will be the first individual stock that I am going to buy so I am not sure what to do,to reinvest in security or to deposit to core account.Thanks!
Hey I have a question, do you have your dividend portfolio in a Roth? Do you think it makes sense to put dividend portfolio in a cash account and put indexes in a Roth?
Good job. Very informative. Thank you Mattymill.
Very well done
Sharing this with all my newbie friends