amdmaxx wrote:looking for insight as well. Have the option to setup Fidelity Brokerage link.
My question is: If I want to purchase 4 individual stocks each pay period into brokerage link account - do I have to pay $7.95 for each stock every pay period? That would get rather expensive in a hurry.
Raging Mage wrote:For those who have some experience with BrokerageLink, is my understanding correct from reading the above that you can set it to automatically allocate deposits it receives to fixed percentages of mutual funds you choose (as opposed to the Fidelity money market fund deposits would be directed to by default)? Additionally, does that functionality allow you to avoid minimum purchase requirements for Fidelity funds?
StockNovice wrote:I will be adding the BrokerageLink feature to my 401K pretty soon. Are there any restrictions on how long you have to hold a stock? In other words could I buy INTEL on Tuesday at $22 and let us assume it jumps to $22.50 in 3 days, can I go ahead and sell it and lock profits in?
newpup wrote:Unallocated brokeragelink funds go into a Fidelity money market fund. You shouldn't have a problem moving all your 401k funds and future contributions to brokeragelink, and should be able to make the changes online.
aguy wrote:Is an authorized agent required for a BrokerageLink 401k account?
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