Originally Posted by
MrBowl
And the lag time was a minimum of 15 days!
I remember that I bailed to the G fund at the end of August 2001 (made the move prior to Aug 16) because of the old rule of thumb about avoiding Sept. Then 9/11 happened. If you wanted to be back in the market Oct 1 you had to make your move by Sept 15, and the markets were still closed if I remember correctly. And yes, if you wanted to go high tech you used a phone or fax, which was a big improvement over submitting paper forms just a few years prior.