HOW TO REDEEM MONEY FROM STOCK IN GROW

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 To redeem or sell stocks on an investment platform like "Grow" (or any other trading platform), you generally need to follow these steps. Please note that the exact steps may vary depending on the specific features and interface of the Grow app you are using:

  1. Login to Your Account:

    • Open the Grow app and log in with your registered credentials.

  2. Navigate to the Trading Section:

    • Look for a section within the app that is dedicated to trading or buying/selling securities. This is often referred to as the "Trading" or "Invest" section.

  3. Find the Stock to Sell:

    • Locate the stock you want to sell in your portfolio. This is typically listed in the "Holdings" or "Portfolio" section.

  4. Select Sell Order:

    • Choose the option to sell the stock. You may be prompted to enter the quantity of shares you want to sell.

  5. Set Price and Order Type:

    • Specify the price at which you want to sell the stock. You can choose between market orders (where the sale is made at the current market price) or limit orders (where you set a specific price).

  6. Review and Confirm:

    • Review your sell order details, including the stock, quantity, and price. Confirm the order if everything is accurate.

  7. Place Sell Order:

    • After confirming, place the sell order. The platform will then execute the order based on the conditions you specified.

  8. Monitor Order Execution:

    • Keep an eye on your order status to see when it gets executed. Depending on market conditions, your order may be filled immediately or take some time.

  9. Verify Settlement Period:

    • Be aware of the settlement period, which is the time it takes for the funds from the sale to become available for withdrawal. This period can vary, but it's typically a few business days.

  10. Withdraw Funds:

    • Once the settlement period has passed, navigate to the funds or cash balance section of the app, and initiate a withdrawal to transfer the proceeds from the sale to your linked bank account.

Remember that the specific steps and options might differ based on the Grow app's interface and features. If you're having trouble, refer to the app's help section, user guides, or contact their customer support for assistance.

Additionally, consider the tax implications and any fees associated with selling stocks on the platform. Always make informed decisions based on your financial goals and risk tolerance.

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