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Updated about 5 years ago on . Most recent reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,936
Votes |
3,447
Posts

Countless Fidelity Accts Showing Zero Balance - Where'd money go?

Account Closed
  • Specialist
  • Paradise Valley, AZ
Posted

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 Profile picture for user Tyler Durden by  Tyler Durden Wed, 02/19/2020 - 11:01   

While 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.


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