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Learning to Invest / Investing Beginners


Subject:  Moving from Edward Jones Date:  1/30/2006  7:32 PM
Author:  kalbbj Number:  11940 of 29123

I'm new to investing on my own. I currently have an Edward Jones account that I have had since 1998. Recently I have not been happy with the service I'm getting and the fees I'm paying for that service. I now have more time to devote to research and want to invest on my own. What I don't know is if I close my account with Ed Jones does that mean all the stocks and mutual funds are sold and I get a check? Or can I transfer what I own with them to another account at a discount broker? I worry about the taxes I would pay if everything was cashed out.
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