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Book Cover
E-book
Author Schmitt, Richard, 1956-

Title 401(k) day trading : the art of cashing in on a shaky market in minutes a day / Richard Schmitt
Published Hoboken, N.J. : Wiley, ©2011

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Description 1 online resource (xv, 298 pages) : illustrations
Contents pt. 1. Introduction -- pt. 2. Environment -- pt. 3. Rationale -- pt. 4. Process
Summary "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
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject 401(k) plans -- Management
Retirement income -- United States -- Planning
Day trading (Securities) -- United States
Portfolio management -- United States
BUSINESS & ECONOMICS -- Finance.
BUSINESS & ECONOMICS -- Personal Finance -- Retirement Planning.
401(k) plans -- Management
Day trading (Securities)
Portfolio management
Retirement income -- Planning
United States
Form Electronic book
ISBN 9781119202684
111920268X
9781118128213
1118128214
9781118128237
1118128230
1283258005
9781283258005
9781118128220
1118128222
9781118127889
1118127889
9786613258007
6613258008
Other Titles 401k day trading