Quote:
Originally Posted by GregWeld
The good news is -- you're in a blackout period -- so it probably will save you from following all the lemmings that are selling instead of buying. Retail investors always buy at the top - and sell lower.... LOL It's why the rich get richer and the average guy loses money. They never quite figure out you buy low and sell high.
There are instances where one brokerage can't or doesn't have a product that the other one has - in those instances the shares are sold and the cash is transferred to the new account. You would have been told and would have had to agree to that happening.
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This is for sure true, when it does finally get there it will go into a single fund (they picked) and then after that I can change my selection to a different choice if I chose, there 25 different funds and I believe there is only one that was the same/similar in both Vanguard and Fidelity, everything else is different.
Thank you Greg!