Fidelity youth available to invest balance
Summary of User’s Issue and Solutions:
- The main problem reported by the user is confusion about why the funds from selling stocks went to “available to invest” instead of cash balance.
- The solution provided explains that funds from sold securities are not immediately available for withdrawal; they need to settle first, which takes two business days for stock and ETF trades.
- For mutual funds, the settlement time can vary but usually falls within one to two business days.
- A video link is provided to further explain trade settlement processes for better understanding.
Here’s the full thread
so i have a fidelity youth account with a debit card. i recently sold some stocks but the balance went to available to invest. is it stuck there or how can i get it to cash balance?
Hi there, @Emirius.
When you sell securities you will need to wait for the trade to settle before the funds are available to withdraw. Stock and ETF trades settle two business days after the trade date (T+2), while mutual fund settlement can depend on the fund, but typically they settle within one to two business days.
You can learn more at the link below.
Understanding Trade Settlement (video): https://www.fidelity.com/learning-center/trading-investing/trading/settlement-video
If there is anything we can clarify or if additional questions pop up, please don’t hesitate to ask! We’re always happy to help. 🟢