dividend

Fidelity CMA (Cash Management Account)

Fidelity CMA dividend

I’ve been having brokerage accounts with Fidelity. Fidelity has an account called CMA (Cash Management Account) that can do everything like a normal bank but the money is put in a money market called SPAXX that pays dividend 3.6% but pay monthly and compound it. It also let you to trade the stock market. The

Dividend Stocks

This year the market was in bear market and many stocks pay dividend with high forward yields because the stock prices are low. This is a good opportunity for me to invest in these beaten down stocks with high dividend. When the market is back to bull, we expect the stock prices will be higher