What is the spaxx stock that is in my fidelity account..?? I have never bought it but shows in@my position tab?? Has thousands of dollars?? Is it my money?? How do I invest it if I want to??

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Posting as :
works at
You are currently posting as works at

You should sell that thing!!! Hasn’t moved in over a decade. You should call Fidelity and complain that pushed this product on you without your permission.

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That is where your uninvested cash sits. You don’t need to sell it. If you want the amount in SPAXX to decrease, then just buy a mutual fund or stock.

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Sir or madam, sounds like you have a mystery on your hands.

funny

Oh you bet!! 🤣

Remember, it's Giving Tuesday! If you do not recognize that money you better donate to a charity.

funny

It’s the amount of cash available to invest

It’s the same thing as cash, it’ll show up as your available for use money to invest.

That is your cash. When you deposit money or sell a position the cash generated automatically gets placed in a money market until you want to use it to invest or to withdraw it. When you want to make a trade the cash required will be taken from the money market. It is simply your uninvested cash position.

Do you have a HSA with Fidelity? Perhaps that was plopped into the default spaxx fund

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