Selling stocks
Probably a basic question, but need help in understanding what the differences are in my decision.
I currently own stocks in Ameritrade (from about 5 different companies). I purchased the stocks about the same time they have not changed in years. I am now ready to close the account and just withdraw my money.
I understand, from Ameritrade, that I have a few choices: 1. Sell the securities for $40 to receive the certificate and then close the account or 2. sell the stock to a broker and then I can withdraw my money and close my account.
Can anyone explain the differences and/or best choice. And would the take home percentage be different? By the way, I essentially just want to free up the cash for future commitments/purchases.
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