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Flexologist

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Flexologist

Re: WizKid16 post# 4369

Friday, 08/26/2011 5:37:21 PM

Friday, August 26, 2011 5:37:21 PM

Post# of 4602
Remember that when you sell, the proceeds from the sale take 3 business days to clear before you can use them again - this is when using a cash only account.

Example: say you buy xyz for $1000 and then sell for $1200. You won't be able to reinvest the $1200 for 3 business days, which is the amount if time it takes for the funds to settle.
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