I have a few utility bills that are a hassle to pay manually because of how the city's website is set up. My bank's bill pay doesn't support e-bills and is extremely primitive (I suspect they still send checks).
I have a Fidelity brokerage where I keep our taxable investments and some of our cash. I was thinking about using Fidelity's bill pay to pay these bills directly from the brokerage account.
1. Is there any security issues I should be aware of if I pay bills from the brokerage account?
2. Would I be better off opening a second brokerage and move all the cash there, rather than keeping the cash with the investments? (I'd prefer not to have cash spread across a bunch of accounts)
I have a Fidelity brokerage where I keep our taxable investments and some of our cash. I was thinking about using Fidelity's bill pay to pay these bills directly from the brokerage account.
1. Is there any security issues I should be aware of if I pay bills from the brokerage account?
2. Would I be better off opening a second brokerage and move all the cash there, rather than keeping the cash with the investments? (I'd prefer not to have cash spread across a bunch of accounts)
Statistics: Posted by MCST — Wed Apr 24, 2024 7:58 am — Replies 0 — Views 6