Fidelity Questions

#1

Hi everyone. I’m new here. I had a few questions.

I transferred money to the fidelity account. What is the cash available to trade vs settled cash? The cash available to trade is only half of the amount i transferred!

I had a IRA through wells fargo and decided to transfer to the fidelity account. When I transferred, it shows the investments wells fargo was doing for me. Do I basically sell everything to get money in order to invest in the target date index funds?

#2

Settled cash vs. Cash is available is the dofference between what is transferring or your available balance vs. Cash that is in the actual account.

Example i have is same day transfers. I can invest the same amount in the transfer before it’s settled.

#3

Hmmm. How long does it usually take to settle?

#4

Couple business days i would assume. It’s never been an issue for me.