401(k) day trading: the art of cashing in on a shaky market in minutes a day

A groundbreaking way to get more out of your retirement savings in a stock market chock-full of surprises Americans are coming of age, retirement age, thatis. Ready or not, the first of 75 million Baby Boomers is turning age 65 in 2011. While many may think that affording retirement is just a dream, there is a way 401(k) participants can turn those dreams into reality. Based on years of experience consulting on retirement plans, author Richard Schmitt offers investors a clever way to get more out of their retirement savings in 401(k) Day Trading: The Art of Cashing in on a Shaky Market in Minutes a Day. 401(k) Day Trading takes you on an engaging stroll through the environment, rationale, and process for day trading a retirement portfolio in minutes a day. Its approach to buying low and selling high through daily fund exchanges draws on many ofthe fundamental principles of investment management to exploit daily market volatility. This day trading method uses basic arithmetic to set up and capturestock market gains in a wobbly market from once-a-day fund exchanges within the unique framework of retirement savings plans-where trades do not trigger immediate taxes or direct trading costs. Offers the do-it-yourself retirement saver fresh direction on trading and managing their 401(k) and other retirement savings accounts, such as IRA's, 403(b), and 457 accounts Highlights real opportunities to earn better returns in an anticipated sideways market environmentof high volatility and lower returns Provides a reliable and accessible approach to navigating the road to retirement funding While there are rules relatedto trading in 401(k) accounts, this reliable resource outlines an effective strategy taking only a few minutes a day that will put you in a better positionto enjoy the retirement you deserve. ÍNDICE: Preface. Acknowledgments. PART I: INTRODUCTION. Chapter 1: Game On: Making Something Out of Nothing. PART II: ENVIRONMENT. Chapter 2: The Shift:Pensions to 401(k) Plans. Chapter 3: Rules of the Game: 401(k) under the Hood. Chapter 4: Tools of the Trade: A Look at Your Assets. Chapter 5: Uneven Playing Field: Market Volatility. PART III: RATIONALE. Chapter 6: Playbook: Retirement Savings Investment Strategies. Chapter 7: Getting an Edge: Buy Low and Sell High. PART IV: PROCESS. Chapter 8: Game Plan: The Process of Day Trading. Chapter 9: Post-Game Press Conference: Moving Forward. Appendix 1: Decision Tree Controlling Transition of Accounts. Appendix 2: Assistance in 401(k) Day Trading Through Systems, Services, or Funds. Notes. Glossary. About the Author. Index.

• ISBN: 978-1-1180-8541-7
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 352
• Fecha Publicación: 14/09/2011
• Nº Volúmenes: 1
• Idioma: Inglés