Weekly Edition • March 23, 2023

5 last-minute
tax tips

We're in the final stretch before taxes are due on April 18. The good news is that most filers are likely to get a refund. The better news is that there are a few quick last-minute items you can check to help make sure you haven't missed any rules (or left money on the table).

Get our tips

MORE INSIGHTS

The Fed and your money

Why the central bank's rate decision this week matters for the economy, markets, and you.

Learn more

What's happening with banks?

Fear and uncertainty have fueled volatility in bank stocks with potential winners and losers.

3 ways to catch up on retirement savings

If you're behind, these are the 3 key moves that can help.

Boost your savings

Protect yourself against cybercrime

Fraud attempts can increase during periods of market dislocation or volatility.

How to stay safe

VIDEO OF THE WEEK

Viewpoints Market Sense: Market and economic turmoil

Our panelists unpack the latest market news including an update on bank closures. They will also cover navigating the high cost of living and financial planning for job changes or losses.

Watch now

CHART OF THE WEEK

Electric car sales are accelerating

Global electric car sales sped up 60% last year to surpass 10 million vehicles for the first time ever, almost 15% of all vehicles sold. Learn more about this potential opportunity as well as roadblocks EV investors could face.

Learn more

Source: Federal Reserve Board, March 7, 2023

Before investing, consider the investment objectives, risks, charges, and expenses of the fund, exchange-traded fund, or annuity and its investment options. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

This information is intended to be educational and is not tailored to the investment needs of any specific investor.

Past performance is no guarantee of future results.

Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments.

In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared to a single option trade. Sector investing can be more volatile because of their narrow concentration in a specific industry.

Diversification cannot ensure a profit or protect against loss.

Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. Your ability to sell a CD on the secondary market is subject to market conditions. If your CD has a step rate, the interest rate of your CD may be higher or lower than prevailing market rates. The initial rate on a step rate CD is not the yield to maturity. If your CD has a call provision, which many step rate CDs do, please be aware the decision to call the CD is at the issuer's sole discretion. Also, if the issuer calls the CD, you may be confronted with a less favorable interest rate at which to reinvest our funds. Fidelity makes no judgment as to the credit worthiness of the issuing institution.

Fidelity does not provide legal or tax advice and the information provided above is general in nature and should not be considered legal or tax advice. Consult with an attorney or tax professional regarding your specific legal or tax situation.

Fidelity values your online privacy and rights. Visit the Privacy Policy and Terms of Use pages for more information.

Questions or Comments? Contact Fidelity here.

If you do not wish to receive future Fidelity Viewpoints^® newsletters, unsubscribe here.

Get the Fidelity Mobile® or our other apps here

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

1037579.35.0 CV2

EMAIL REF# 12088891685.3180641

Search This Blog

Bank Offers