I have a question, and hope I am asking it in the right place. I have about $2500 in a single stock Roth IRA with a brokerage service(TD waterhouse) and I believe I have found a better place for the money. It is with oak mutual funds group. I believe TD waterhouse offers this fund, but I was wanting to avoid the transaction fees and invest it directly into the fund company. This would allow me to set up automatic deposits from my checking account.
So, my question is, is there any reason why I could not sell the stock and transfer the money directly into a ROTH IRA with the mutual fund group?
Thank you for your help
Dave