Fidelity Go: Is The Fidelity Robo Advisor Worth Using?

by YouTube Team

Fidelity Go Robo Advisor is Fidelity Investments option to help investors have a more hands off approach to long term investing. And #Fidelity uses special Fidelity Flex funds, which have no expense ratios, which means no fees to invest, beyond their management fees. #FidelityGo

00:00 – Start
00:20 – Robo Advisors Popularity
00:32 – Fidelity Go Investment Options
00:51 – Risk Tolerance Questions
01:57 – Funding Your Account
2:12 – Investment Fund Options
4:10 – Fidelity Go Fees
7:40 – Other Considerations
9:04 – Final Thoughts

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19 comments

Handlez March 2, 2021 - 3:48 pm

pay to win

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Amir Moradi March 2, 2021 - 3:51 pm

Very nice video. So what are some other low or no fee robo advisors you think are a good choice and help reduce your taxes?

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Amir Moradi March 2, 2021 - 3:52 pm

Also it would be awesome if one day you talked about the best ways to migrate your 401k or 403b.

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b rob March 2, 2021 - 4:17 pm

Finally someone made a video on this, appreciate man

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Ryan Kling March 2, 2021 - 4:52 pm

One correction: per Fidelity's website, you can transfer securities in kind into the account. Its not cash only funding

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Jake Broe March 2, 2021 - 4:59 pm

Always an option! I i'm just biased towards a simple total stock market index fund. Great video!

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Tuan H March 2, 2021 - 6:37 pm

I love working with Fidelity. (And their 2% CC is nice too) I didn't know this was a thing! Thanks for covering this!

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BBQXXX69 March 3, 2021 - 2:02 am

Call me a hater, but I would say the views lately have spoken my guy.

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忘れたくなかった March 3, 2021 - 5:46 am

Investing in just 3 index funds can get your essentially the same result with much lower fees. It just seems so lazy to pay someone else to click a few times a month for you.

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Joseph Paine March 9, 2021 - 1:48 am

I completely forgot about this. I might start one in the near future. Thanks for sharing this one Dustin, we appreciate it. Take care and happy investing!

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Yao Wang March 16, 2021 - 4:55 am

It seems they do not have auto invest ..I want to invest $100 a week to build it up but cannot find a way to do it

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jaren Garnett March 29, 2021 - 10:11 pm

Some of the FLEX funds that fidelity go/management account could add to your portfolio are actively managed. The initial funds are mostly passive, but lower balances have zero fees. If Fidelity incorporates actively managed funds when your balance gets above 50,000 then .35% is not that bad of an expense ratio.

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Arnaldo Molina April 15, 2021 - 2:44 pm

Fidelity advisor just recommended Fidelity Go to me. Will see what happens.

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Josh Randle April 23, 2021 - 1:28 am

Could we get a review on titanvest

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Eva Freytes May 11, 2021 - 8:18 pm

Mine is aggressive with 85% stocks

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iamthelaw July 10, 2021 - 3:20 am

Just got Fidelty Go today. I want to see if it beats my 401k. And today's mix seemed pretty good.

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robertk2007 September 3, 2021 - 12:52 am

I use go and they don't automatically reinvest dividends

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Raymond Rogers September 4, 2021 - 10:06 am

I just opened a Go account a week or so ago. I think this will still be a good tool for someone who even has a little bit to a moderate amount of experience in the stock market. I personally have a Roth IRA but I don't do daily or frequent investing in it( I max the account at the beginning of the year, allocate all the money and let it ride.) The reason for opening the Go account was since I already have a few mutual funds that I personally chose after doing research on, the benefit on choosing the taxed account and using Go was that I could invest more than the 6k a year, which you're limited to with an IRA account. Also having someone help manage my money in maybe a better way than I could do myself. Maybe later on if I get closer to the 50k mark in the go account I'll transfer it out and open a regular investment account and go hard on S&P 500 with possibly a couple mutuals in there. But for now since I don't feel too comfortable yet with the knowledge I have currently this is a good option for me.

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Blakelikesfood October 19, 2021 - 5:20 am

On my 4th day with Fidelity Go.

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