12:57
@RasheedWallaceFan: unironically, KSLS was my top choice, however by April LSAT their app had closed. It was like waiting to date ur dream partner, but waiting until you graduate uni, then by the time u graduate uni, your soul mate is already married with 2.4 kids and 1.6 dogs. Heartbreak.exe fr fr
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
switching
Read a random definition: patiens
A quick definition of switching:
Switching: Switching is when you sell your shares in one mutual fund to buy shares in another mutual fund. It's like trading your toy for a different toy.
A more thorough explanation:
SWITCHING
Switching refers to the practice of selling shares in one mutual fund to buy shares in another mutual fund.
For example, if an investor has invested in a technology mutual fund but wants to switch to a healthcare mutual fund, they would sell their shares in the technology fund and use the proceeds to buy shares in the healthcare fund.
Another example would be an investor who wants to switch from a growth mutual fund to an income mutual fund. They would sell their shares in the growth fund and use the proceeds to buy shares in the income fund.
Switching is a common practice among mutual fund investors who want to change their investment strategy or portfolio. By selling shares in one fund and buying shares in another, investors can adjust their portfolio to better align with their investment goals and risk tolerance.