Loading ...Heard something today on the radio when driving on a financial show about mutual funds. They always close buys and sells at end of day. So if you want to sell you have to wait till the end of the day before it goes through. What was interesting he said that he owned some he bought in 07 but in 2009 even though he lost value in them, those who sold in 08 he was hit with capital gains from those who sold at a profit during the crash because they bought them much earlier say 2003. Not sure what he was saying but didn’t make much sense to me because it sounds like he’s saying you get capital gains from what others by and sell. Maybe that’s where the term mutual funds comes in lol
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