Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

tzhu07

macrumors regular
Original poster
Nov 12, 2008
197
27
How do you do this without leaving the market?

Let's assume you're maintaining the same mutual fund in the new account.

The danger of a sell & buy rollover is that during the rollover transaction period, you may be screwed because you sold during a market down-tick, and re-bought the same fund during a market up-tick. Are there ways of avoiding this? Can you time exactly when to sell and when to re-buy again?
 
I don't think there's any way of avoid the risk of selling the shares during a low period of the market. The transactions are usually fairly quick so I don't thnk it will be sold on the down cycle and then bought on the up cycle.

if you're worried about that, keep the money where its at.
 
It's a seamless process. The new fund manager will handle the transactions, you just supply them with your current account number, etc.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.