My 401K account is at Schwab. When I rebalance (mostly selling stock funds to buy bond funds these days) I prefer to wait until almost 4:00. Reason: a few times I’ve traded early in the day, and been stung by a big sell-off.

Can I wait until literally 3:59 before pushing the button on a sale and expecting it to be executed that day?

 

  • SCOTT M 7:07 am on August 18, 2010

    I would ask Schwab about this. Many stock trades are executed immediately. Mutual funds are traded at the day’s closing price, so even if you put in your order early in the day, it’s not going to be executed until after the markets close.

    • People are reading:

    broker did not sell mutual fund order until next day, can I sell a mutual fund in Schwab IRA, how late can in sell mutual fundse, how late can you buy stocks?, how late in trading day can you buy mutual funds, how late in trading day can you buy mutual funds in schwab, what funds can be traded in a scwab ira