Fidelity problems
02-06-2018, 08:13 AM
#2
Gets Weekends Off
Joined APC: Dec 2015
Posts: 845
Originally Posted by ConfigOK
Anyone else having problems logging into Fidelity to check/manage/trade from your accounts?
https://www.bloomberg.com/news/articles/2018-02-05/robo-adviser-websites-crashed-cutting-clients-off-from-accounts
02-06-2018, 11:42 AM
#5
Gets Everyday Off
Joined APC: Aug 2016
Position: Fully Retired
Posts: 7,000
Originally Posted by velosnow
No problem logging in, but I have a problem with my losses yesterday 
Oh well, it'll bounce back.
Oh well, it'll bounce back.
Within a month it will be back higher than it was.
Their understanding of markets and track record is superb.
02-06-2018, 01:13 PM
#8
Gets Weekends Off
Joined APC: Apr 2007
Position: 320
Posts: 709
Originally Posted by TransWorld
Yep. My IRA investment people have made it clear this is a market correction, not a bear market. It is a sudden and sharp drop without warning, but the fundamental economy is still very good. Classic market correction.
Within a month it will be back higher than it was.
Their understanding of markets and track record is superb.
Within a month it will be back higher than it was.
Their understanding of markets and track record is superb.
I agree with their assessment (who really cares what a pilot thinks about stocks though) Bond prices usually go up in a bear market and they are down (yield is higher). I sold 30% of my 401k Last Monday I have already bought back in. It may not be the bottom, but I am not trying to time the bottom. I just like the discount I got on a portion of my stocks.
02-06-2018, 01:22 PM
#9
Gets Everyday Off
Joined APC: Aug 2016
Position: Fully Retired
Posts: 7,000
Originally Posted by tom14cat14
I agree with their assessment (who really cares what a pilot thinks about stocks though) Bond prices usually go up in a bear market and they are down (yield is higher). I sold 30% of my 401k Last Monday I have already bought back in. It may not be the bottom, but I am not trying to time the bottom. I just like the discount I got on a portion of my stocks.
Then over the course of the next few days calmer hears look and see the business climate is still good, and they buy stocks ‘on sale’. The market goes back up. Because the nervous investors sold out, the market can now go higher.
02-06-2018, 01:24 PM
#10
Gets Weekends Off
Joined APC: Nov 2017
Posts: 350
Originally Posted by TransWorld
That is exactly the mentality that drives a correction. People get nervous. It has gotten too high. I am going to sell. Market drops, triggering others to sell.
Then over the course of the next few days calmer hears look and see the business climate is still good, and they buy stocks ‘on sale’. The market goes back up. Because the nervous investors sold out, the market can now go higher.
Then over the course of the next few days calmer hears look and see the business climate is still good, and they buy stocks ‘on sale’. The market goes back up. Because the nervous investors sold out, the market can now go higher.
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