What Are the Pros and Cons of Fidelity’s Fully Paid Lending Program?
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YouTubeClark Howard: Save More, Spend Less
What Are the Pros and Cons of Fidelity’s Fully Paid Lending Program?
A listener asked Wes on this week's Ask an Advisor episode: 👉 "What are the pros and cons of Fidelity's Fully Paid Lending Program?" Wes says it's an interesting program—but it's not a decision to make without understanding the trade-offs. Here's the basic idea: 💰 You allow your brokerage to lend out your stocks, and in return, you earn ...
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A listener asked Wes on this week's Ask an Advisor episode:👉 "What are the pros and cons of Fidelity's Fully Paid Lending Program?"Wes says it's an interesting program—but it's not a decision to make without understanding the trade-offs.Here's the basic idea:💰 You allow your brokerage to lend out your stocks, and in return, you earn additional income.The potential upside:✔️ Earn extra income without selling your investments.The potential downsides:⚠️ Securities on loan may lose certain protect
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