This is mostly a question of curiosity. Is anyone using Fidelity Baskets?
It seems like you can select some ETFs and put them into a basket, along with a target allocation. For example, something like this:
VGSH 30%
VTI 40%
VEA 30%
Then, whenever you invest some money into your basket (say, $1000), Fidelity will make the individual trades in proportion to your stated allocation.
Is this more or less how it works? Other than the features described on the Fidelity page, and other than the $60 annual fee, can anyone comment on their experience with baskets?
https://www.fidelity.com/direct-indexin ... g/overview
It seems like you can select some ETFs and put them into a basket, along with a target allocation. For example, something like this:
VGSH 30%
VTI 40%
VEA 30%
Then, whenever you invest some money into your basket (say, $1000), Fidelity will make the individual trades in proportion to your stated allocation.
Is this more or less how it works? Other than the features described on the Fidelity page, and other than the $60 annual fee, can anyone comment on their experience with baskets?
https://www.fidelity.com/direct-indexin ... g/overview
Statistics: Posted by Gaston — Sat Jul 20, 2024 6:59 pm — Replies 4 — Views 543