I just sold my investments and I want to withdraw the money from that sale. Why can’t I withdraw the amount?
When you sell an investment, the SEC requires a two business day hold on the money from the sale.
On the third business day, your money will be added to your Cash Balance. Once you see it there, you can withdraw it.
Please note: Business days are Monday through Friday, and do not include weekends and federal holidays.
Related questions View all Invest
Q. What are Mergers and Acquisitions (M&As)?
Mergers & Acquisitions (M&A) occur when companies expand, combine, or break apart in order to improve their core business(es). There are two parties in an M&A deal: The acquirer, the company purchasing another company, and the acquiree, the company being purchased and acquired.…1
Q. What does it mean if a stock is traded “Over the Counter.”
Stocks can trade two different ways, either Listed on an exchange or Over the Counter (OTC). When a stock trades above $1 and has a market capitalization of $400M or more, it is qualified to be listed on an exchange, like the NYSE or NASDAQ.…0
Q. What is a Forward Stock Split?
A Forward Stock Split is when a company attempts to decrease the dollar price per share of its stock by increasing the amount of shares out in the market. Companies often conduct a forward stock split in order to make the stock more affordable for investors to purchase.…0
Didn’t find your question?
Shoot us your question and our Stash experts will get back to you.Submit a question