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

"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 investorsgot 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 over50 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.

"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 investorsgot 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 over50 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.

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 exchangesthat draws on many of the fundamental principles of investment managementto exploit daily market volatility.