Lance H asked: When you sell mutual funds is the money automatically put into your bank account or is it a much more complicated process?
Kelly
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
If I sell our mutual funds what percentage of funds will be lost?What should I do about my mutual funds?How liquid are stocks and mutual funds when you own them?How do mutual funds make money?Where and How Can I Invest $600 in Mutual Funds?Why do I get taxed twice on my mutual funds?Getting To Know Exchange Traded Funds
This entry was posted
on Friday, August 6th, 2010 at 1:13 pm and is filed under Finance.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
August 9th, 2010 at 1:40 pm
If you bought directly from the mutual fund, they will send you a check. Some may use direct deposit if you agree to it.
If you bought through a broker, the money will be deposited in your brokerage account. You may then withdraw or reinvest it.