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?
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?