Mastering In Kind: Transfers Keep Your Gains Intact! #shorts

Now, the reason why I like to move the funds the way they are, which is what we call an in-kind transfer, is because we don't want to potentially lock in any gains or we want to— or we don't want to lock in any losses. Because maybe that day the market's down and you just sell it just to get out, just to transfer it over. We don't want to lock in unnecessary losses if we don't need to, okay? So, I would ask them to do a transfer in-kind, ACAT transfer in-kind for the money from there. Over to your new brokerage account. Once it's in your new brokerage account, now you can do whatever you want to do with it, okay? You can trade it if you want. You can invest it how you want. You can put it in index funds. You can put it in stocks. You can do whatever you want to do. But the goal is that you are having your own control over the money.