Money-losing myths

IRA mistakes can come with big price tags.

March 09, 2023 View in a browser

FIDELITY VIEWPOINTS® WEEKLY EDITION: March 09, 2023

Money-losing myths These 5 common IRA mistakes can come with big price tags. Get the facts on IRAs Tax fraud: Know the signs If you see any of these warning signs, you may be at risk. Learn about precautions to take and what to do if you become a victim. Protect yourself How to spend less in retirement Yes, it is possible to cut what you spend and still enjoy the retirement of your dreams. Find out how US may be nearing recession But even as the US economy decelerates, the picture may be brightening in Europe and China. Here's why It's electric Adoption of electric vehicles (EVs) seems only to be accelerating, and has created compelling potential opportunities. Find EV investing ideas UPCOMING EVENT Women's History Month Venus Williams joins the Women Talk Money team on March 20 for a special event on how we think about careers and money. Register now → CHART OF THE WEEK An upside to rising interest rates It's a good time to be a saver rather than a spender. With rates still climbing, CDs may offer higher yields than many higher-risk investments. Investing in CDs now Source: Federal Reserve Bank of St. Louis, February 27, 2023. Past performance is no guarantee of future results.

Like this newsletter? Forward to a friend or family member and invite them to subscribe.

Have a nice day! Your Viewpoints Team

Contact Us   |   Refer a Friend   |   Fidelity Mobile®   |   Unsubscribe

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. The stocks mentioned are not necessarily holdings invested in by Fidelity. References to specific company stocks should not be construed as recommendations or investment advice. The statements and opinions are those of the speaker, do not necessarily represent the views of Fidelity as a whole, and are subject to change at any time, based on market or other conditions. 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. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high risk tolerance. Investors in digital assets could lose the entire value of their investment. 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 your 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 Brokerage Services LLC does not offer digital assets nor provide clearing or custody services for such assets.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1037578.34.0    CV1 EMAIL REF# 12022137606.3162461 © 2023 FMR LLC. All rights reserved.