I received a warning about (paraphrasing here) letting funds settle or being restricted to trade in the future. I was selling and trying to purchase ETF during market hours. Maybe we need a margin account? Or maybe the trade would have gone through dispite the warning? Either way, waiting 2 days for the trade to settle isn't too much trouble.I have a Schwab account where selling shares of an ETF and buying shares of an ETF can be done immediately. I wonder if you are selling a mutual fund where sale occurs after the market close, so money would not be available the same day to buy VXUS.That has not been my experience at Schwab.
Statistics: Posted by A440 — Sun Jan 21, 2024 11:42 am