Stock Market Money?
When you sell a stock where does the money you earn from that sale go? How does one get it?
Public Comments
- your broker cuts you a check .. less any administrative fees and applicable taxes
- It goes back in your brokerage account and you can transfer it to checking.
- I do all my trades on line. It is pretty easy how it works. My trading account is linked to a checking account that I have. When I buy the money is automatically pulled out three days after the trade. When I sell they automatically take out their commissions and deposit the money right into my account. I imagine the process with a broker is similar, with more commissions.
- To your brokerage account. You can write a check or you can use your MasterCard or Visa Debit Card or you can transfer your money to your old fashioned bank account.
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