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by geoka9
3412 days ago
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The only downside I can see is that it takes a fair amount of time (about 7-14 days) from the moment you move money in to the moment you get your exchanged money out. It'll take your brokerage several working days to "journal" your shares over to the other denomination, and the shares can go up/down in the mean time, generating capital gains/losses. Otherwise there's no catch. |
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