Need an advice (switch or not to switch

[Great to be Debt Free]

Re: Need an advice (switch or not to switch

Good thread -- I'm just beginning to understand mutual funds myself. Thanks

[sweeps]

Re: Need an advice (switch or not to switch

If you just buy a mutual fund without putting it in a retirement account, you can sell it at any time.

Usually yes, but not always. Some funds have limits on selling a fund -- either preventing you from selling or charging a redemption fee if it's sold within a certain period of time.

Some Vanguard funds, for example, charge a 2% redemption fee if sold within 2 months.

[meaghanchan]

Re: Need an advice (switch or not to switch

Usually yes, but not always. Some funds have limits on selling a fund -- either preventing you from selling or charging a redemption fee if it's sold within a certain period of time.

Some Vanguard funds, for example, charge a 2% redemption fee if sold within 2 months.

True. I forgot about that.