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RTFC

Joined: 08/08/2003 Posts: 6670
Likes: 3512

What's this?

It is a true split


Same symbol - 10 times more shares at 1/10 price.

Just new investors - I can add money - that might affect some existing investors when they see price, but I can get partial shares - have often just added whole dollar amounts, so that shouldn't matter.

All in qualified money, so for me no taxable event.

Don't know about redemption of partial shares, never taken any out of the IRA - was assuming I could move out whole dollar amounts when time comes, but logically that makes sense.

(In response to this post by Hokie360)

Posted: 08/13/2018 at 11:50AM


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Current Thread:
 
  Mutual fund question -- RTFC 08/13/2018 11:32AM
  You should consider switching to index funds anyway b/c of the expenses. -- vtbones 08/13/2018 1:54PM
  Funds have had tremendous outflows this year and perhaps they are prepping -- DonHo-kieHi 08/13/2018 12:46PM
  A mutual fund is having a colonoscopy? ** -- Hokie360 08/13/2018 1:40PM
  Congrats on picking the fund that outperformed the market, but -- Hokie360 08/13/2018 12:17PM
  I agree -- RTFC 08/13/2018 12:54PM
  I assume you can buy fractional shares as is typical, so it doesn't make -- jmanatVT 08/13/2018 11:49AM
  If it's a fidelity fund, they answer that question. -- vtbones 08/13/2018 11:47AM
  Here is Fidelity's answer to that question... -- BB Hokie 08/13/2018 11:45AM
  Yeah, I read that -- RTFC 08/13/2018 11:54AM
  Just to clarify - did the fund actually split, or did the mutual fund -- Hokie360 08/13/2018 11:42AM
  It is a true split -- RTFC 08/13/2018 11:50AM
  Someone smarter? That's a tall order here. ** -- Brown Water 08/13/2018 11:41AM

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