How do I invest money that I have sitting in The D...
# investing
w
How do I invest money that I have sitting in The Donor Fund ? DO I need to call someone to set it up ?
m
their website says this
d
They advertise it but I don't see the option on my account either. I think there's a minimum
May as well message them to ask
w
Is anyone familiar with a similar product to the donors fund that allows me to easily invest, Plus donate stocks
m
fidelity is what we recommend, its very simple
w
Is it a separate app? I have the regular fidelity
m
it shows up in the app yeah, but you open the account here https://www.fidelitycharitable.org/
you can even see which of your stocks are most optimal to donate if you use fidelity for your stock trading also
👍 1
w
Thanks just opened one up , took 2 minutes
🎯 1
m
before you invest hekdesh fund in equities, do ask a rov
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r
Fidelity charitable only lets you invest in a small set of “pools”: https://www.fidelitycharitable.org/giving-account/investment-options.html
b
They have this under their FAQ
thankyou 2
b
Fidelity works seamlessly with their brokerage auto selecting the stocks with the highest gains (not the default setting though)
m
i'm actually moving my taxable brokerage over from m1 to fidelity and will update the flow chart to say if you are donating ore than X per year to use fidelity for brokerage instead of m1.