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Not me, but someone I know 20ish years ago got mad at his broker and told him to sell everything (converting everything to cash so he could find a new broker an
by BMc2020 4y ago
Not me, but someone I know 20ish years ago got mad at his broker and told him to sell everything (converting everything to cash so he could find a new broker and transfer it to a new account).
While he was sitting on all cash the dotcom bubble burst and the NASDAQ crashed.
He was quite happy he happened to be in all cash right then.
- yuppie_scum 4y agoI don’t think that’s how brokerage transfers usually work