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Updated almost 5 years ago,
Countless Fidelity Accts Showing Zero Balance - Where'd money go?
Just when you are at the top of the world - your money disappears.
So, do you still trust electronic transfers and accounts? Hmmmmm?
https://www.zerohedge.com/mark...
Countless Fidelity Accounts Showing Zero Balance by Tyler Durden Wed, 02/19/2020 - 11:01While stocks are hitting fresh all time highs, bringing joy and spreading the "wealth effect" across America, clients of the Fidelity brokerage are having a rather shi**y day because due to a glitch, or perhaps a hack, countless accounts are currently showing a zero balance, or simply removing accounts altogether.
While we assume this pesky "glitch" will be resolved promptly, we should
point out that if the market were to ever again suffer a down day and
should investors wish to sell some/all of their holdings, this would be a
convenient way to quickly and efficiently prevent that from ever
happening.