## How to Invest in Stocks with Fidelity
Fidelity Investments is one of the largest and most reputable investment firms in the world, with over $4 trillion in assets under management. They offer a wide range of investment products and services, including stock trading, mutual funds, and retirement accounts.
If you’re interested in investing in stocks with Fidelity, there are a few things you need to do to get started.
1. **Open an account.** You can open an account online, by phone, or in person at a Fidelity branch. You’ll need to provide some basic information, such as your name, address, and Social Security number.
2. **Fund your account.** You can fund your account by transferring money from another bank account, by check, or by wire transfer.
3. **Choose stocks to invest in.** Once your account is funded, you can start choosing stocks to invest in. Fidelity offers a variety of research tools to help you make informed investment decisions.
4. **Place your order.** Once you’ve chosen the stocks you want to invest in, you can place your order online, by phone, or in person at a Fidelity branch.
### Fees
Fidelity charges a commission for each stock trade. The commission varies depending on the type of order you place and the number of shares you trade.
* **Online trades:** $0.0045 per share, with a minimum commission of $4.50.
* **Phone trades:** $25 per trade.
* **In-person trades:** $35 per trade.
Fidelity also charges a variety of other fees, such as account fees, inactivity fees, and wire transfer fees. You can find a complete list of fees on Fidelity’s website.
### Margin Trading
Margin trading allows you to borrow money from Fidelity to invest in stocks. This can be a risky strategy, but it can also magnify your potential returns.
If you’re interested in margin trading, you’ll need to apply for a margin account. Fidelity will review your application and determine if you’re eligible for margin trading.
Once you’re approved for a margin account, you can borrow up to 50% of the purchase price of a stock. For example, if you want to buy $10,000 worth of stock, you can borrow up to $5,000 from Fidelity.
Margin trading can be a powerful tool, but it’s important to use it responsibly. If the stock price goes down, you could lose more money than you invested.
### Retirement Accounts
Fidelity offers a variety of retirement accounts, such as IRAs and 401(k)s. These accounts allow you to save for retirement on a tax-advantaged basis.
There are two main types of IRAs: traditional IRAs and Roth IRAs. Traditional IRAs are funded with pre-tax dollars, which means that you don’t pay taxes on the money until you withdraw it in retirement. Roth IRAs are funded with after-tax dollars, which means that you don’t pay taxes on the money when you withdraw it in retirement.
401(k)s are retirement savings plans that are offered by employers. They allow you to save for retirement on a pre-tax basis.
### Customer Service
Fidelity offers a variety of customer service options, such as online chat, phone support, and email support. You can also find a lot of helpful information on Fidelity’s website.
### Conclusion
Fidelity is a great option for investors of all levels, from beginners to experienced traders. They offer a wide range of investment products and services, and their customer service is top-notch.
If you’re interested in investing in stocks, I recommend opening an account with Fidelity. You can learn more about Fidelity on their website or by calling 1-800-FIDELITY.
## FAQs
**How much money do I need to invest in stocks?**
You can invest in stocks with as little as $1. However, I recommend starting with a larger amount of money, such as $1,000 or more. This will give you more flexibility to invest in different stocks and ride out market fluctuations.
**What are the risks of investing in stocks?**
Investing in stocks is a risky venture. The stock market can fluctuate dramatically, and you could lose money on your investments.
The most important thing to remember is that you should never invest more money than you can afford to lose.
**How can I minimize the risks of investing in stocks?**
There are a few things you can do to minimize the risks of investing in stocks:
* Diversify your portfolio by investing in a variety of stocks.
* Invest for the long term. The stock market has historically trended upwards over time.
* Rebalance your portfolio regularly. This means selling some of your winners and buying more of your losers.
**What are some of the best stocks to invest in?**
There is no one-size-fits-all answer to this question. The best stocks to invest in will depend on your individual investment goals and risk tolerance.
However, some of the most popular stocks to invest in include:
* Apple (AAPL)
* Microsoft (MSFT)
* Amazon (AMZN)
* Google (GOOGL)
* Berkshire Hathaway (BRK.A)
**How do I open an account with Fidelity?**
You can open an account with Fidelity online, by phone, or in person at a Fidelity branch.
To open an account online, go to Fidelity’s website and click on the “Open an Account” button. You will be asked to provide some basic information, such as your name, address, and Social Security number.
To open an account by phone, call 1-800-FIDELITY. A customer service representative will help you open an account and answer any questions you have.
To open an account in person, visit a Fidelity branch. You can find a branch near you by using Fidelity’s branch locator.