401(k) Day Trading : The Art of Cashing in on a Shaky Market in Minutes a Day

For many, retirement has become increasingly difficult to both attain and afford. But there is a way today's 401(k) participant, as well as those contributing to similar retirement savings plans, can turn their retirement dreams into reality. With over twenty-five years of experience consulting on retirement plans, author Richard Schmitt knows what it takes to make the most of them, and now, in 401(k) Day Trading: The Art of Cashing in on a Shaky Market in Minutes a Day, he shows you how. Divided into four comprehensive parts, this reliable resource takes you step-by-step through the environment, rationale, and process of day trading your retirement portfolio in minutes a day. It skillfully outlines an approach to buying low and selling high through daily fund exchanges—that draws on many of the fundamental principles of investment management—to exploit daily market volatility. 401(k) Day Trading Takes Readers On A Journey Through The Environment, Rationale, And Process For Day Trading A Retirement Portfolio In Minutes A Day. The Day Trading Strategy Puts A New Wrapper On An Old Package. Its Approach To Buying Low And Selling High Through Daily Fund Exchanges Draws On All But One Of The Fundamental Principles Of Investment Management--investing For The Long Term Was Overrated Anyway--to Exploit Daily Market Volatility. Too Simple To Be Called An Algorithm, Day Trading Uses Basic Arithmetic To Set Up And Capture Stock 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. Whereas Stock Investors Got Whipsawed To A 21 Percent Loss Over The Last Decade, A 401(k) Day Trader Could Have Made Money In His Or Her Retirement Savings Portfolio During This Period. The Books Explains How. Punch-drunk 401(k) Investors Know They Need Help, And Now. With Over 50 Million 401(k) Accountholders And Millions More Looking For Fresh Insights On Managing Their Retirement Savings Accounts, What Better Way Can You Imagine For Them To Begin 2011 Than To Get Hold Of A Book Offering A Strategy To Close In On Their Retirement Dreams?--provided By Publisher. Richard Schmitt. Includes Bibliographical References And Index. "401(k) Day Trading takes readers on a journey through the environment, rationale, and process for day trading a retirement portfolio in minutes a day. The day trading strategy puts a new wrapper on an old package. Its approach to buying low and selling high through daily fund exchanges draws on all but one of the fundamental principles of investment management - investing for the long term was overrated anyway - to exploit daily market volatility. Too simple to be called an algorithm, day trading uses basic arithmetic to set up and capture stock 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. Whereas stock investors got whipsawed to a 21 percent loss over the last decade, a 401(k) day trader could have made money in his or her retirement savings portfolio during this period. The books explains how. Punch-drunk 401(k) investors know they need help, and now. With over 50 million 401(k) accountholders and millions more looking for fresh insights on managing their retirement savings accounts, what better way can you imagine for them to begin 2011 than to get hold of a book offering a strategy to close in on their retirement dreams?"--Provided by publisher "Discover proven strategies and solutions for successful participation in the global marketWith less than fifty percent of middle market US companies succeeding at going global, corporate executives need to know how to build effective global execution platforms that will allow their organizations to thrive in a global economy. Filled with case studies and indispensable checklists, Grow Globally guides executives in crafting an actionable global strategy that will not only stand the test of change--but that will also be on target, on budget, and on time. Reveals how to anticipate change in global decision-making and execution Explores how to identify trends and respond to differences between internal corporate culture and the target culture Includes case studies, checklists, process visuals and resources, plus a website that hosts online tools and materials As the world becomes more dependent on technology and trade borders gradually disappear, your company needs to acquire the tools and skills necessary to compete in the global market. Grow Globally presents the skills needed to build a global execution platform that will keep your organization relevant and competitive in the international landscape"--Provided by publisher 401(k) Day Trading......Page 3 Contents......Page 9 Preface......Page 11 Acknowledgments......Page 17 PART I Introduction......Page 21 CHAPTER 1 Game On: Making Something Out of Nothing......Page 23 PART II Environment......Page 47 CHAPTER 2 The Shift: Pensions to 401(k) Plans......Page 49 CHAPTER 3 Rules of the Game: 401(k) under the Hood......Page 75 CHAPTER 4 Tools of the Trade: A Look at Your Assets......Page 97 CHAPTER 5 Uneven Playing Field: Volatility in a Sideways Market......Page 135 PART III Rationale......Page 163 CHAPTER 6 Playbook: Retirement Savings Investment Strategies......Page 165 CHAPTER 7 Getting an Edge: Buy Low and Sell High......Page 207 PART IV Process......Page 231 CHAPTER 8 Game Plan: The Art of Day Trading......Page 233 CHAPTER 9 Postgame Press Conference: Moving Forward......Page 271 APPENDIX A Decision Tree Controlling Transition of Day Trading Accounts......Page 287 APPENDIX B Outside Assistance in 401(k) Day Trading through Systems, Services, or Funds......Page 291 Notes......Page 293 Glossary......Page 299 About the Author......Page 305 Index......Page 307

For many, retirement has become increasingly difficult to both attain and afford. But there is a way today's 401(k) participant, as well as those contributing to similar retirement savings plans, can turn their retirement dreams into reality.

With over twenty-five years of experience consulting on retirement plans, author Richard Schmitt knows what it takes to make the most of them, and now, in 401(k) Day Trading: The Art of Cashing in on a Shaky Market in Minutes a Day, he shows you how.

Divided into four comprehensive parts, this reliable resource takes you step-by-step through the environment, rationale, and process of day trading your retirement portfolio in minutes a day. It skillfully outlines an approach to buying low and selling high through daily fund exchanges—that draws on many of the fundamental principles of investment management—to exploit daily market volatility.

401(k) Day Trading 3 Contents 9 Preface 11 Acknowledgments 17 PART I Introduction 21 CHAPTER 1 Game On: Making Something Out of Nothing 23 PART II Environment 47 CHAPTER 2 The Shift: Pensions to 401(k) Plans 49 CHAPTER 3 Rules of the Game: 401(k) under the Hood 75 CHAPTER 4 Tools of the Trade: A Look at Your Assets 97 CHAPTER 5 Uneven Playing Field: Volatility in a Sideways Market 135 PART III Rationale 163 CHAPTER 6 Playbook: Retirement Savings Investment Strategies 165 CHAPTER 7 Getting an Edge: Buy Low and Sell High 207 PART IV Process 231 CHAPTER 8 Game Plan: The Art of Day Trading 233 CHAPTER 9 Postgame Press Conference: Moving Forward 271 APPENDIX A Decision Tree Controlling Transition of Day Trading Accounts 287 APPENDIX B Outside Assistance in 401(k) Day Trading through Systems, Services, or Funds 291 Notes 293 Glossary 299 About the Author 305 Index 307 9781118085417