About this product

Product Identifiers

PublisherWiley & Sons, Incorporated, John

ISBN-101118085418

ISBN-139781118085417

eBay Product ID (ePID)108954697

Product Key Features

Book Title401 (K) Day Trading : the Art of Cashing in on a Shaky Market in Minutes a Day

Number of Pages320 Pages

LanguageEnglish

TopicInvestments & Securities / Portfolio Management, Finance / General, E-Commerce / Online Trading, Personal Finance / Retirement Planning

Publication Year2011

IllustratorYes

GenreBusiness & Economics

AuthorRichard Schmitt

Book SeriesWiley Trading Ser.

FormatHardcover

Dimensions

Item Height1.1 in

Item Weight18.3 Oz

Item Length9.3 in

Item Width6.3 in

Additional Product Features

Intended AudienceTrade

LCCN2011-015867

Dewey Edition22

Series Volume Number523

Dewey Decimal332.024/0145

Table Of ContentPreface ix Acknowledgments xv PART I Introduction 1 CHAPTER 1 Game On: Making Something Out of Nothing 3 PART II Environment 27 CHAPTER 2 The Shift: Pensions to 401(k) Plans 29 CHAPTER 3 Rules of the Game: 401(k) under the Hood 55 CHAPTER 4 Tools of the Trade: A Look at Your Assets 77 CHAPTER 5 Uneven Playing Field: Volatility in a Sideways Market 115 PART III Rationale 143 CHAPTER 6 Playbook: Retirement Savings Investment Strategies 145 CHAPTER 7 Getting an Edge: Buy Low and Sell High 187 PART IV Process 211 CHAPTER 8 Game Plan: The Art of Day Trading 213 CHAPTER 9 Postgame Press Conference: Moving Forward 251 APPENDIX A Decision Tree Controlling Transition of Day Trading Accounts 267 APPENDIX B Outside Assistance in 401(k) Day Trading through Systems, Services, or Funds 271 Notes 273 Glossary 279 About the Author 285 Index 287

SynopsisFor many, retirement has become increasingly difficult to both attain and afford. But there is a way todays 401(k) participant, as well as those contributing to similar retirement savings plans, can turn their retirement dreams into reality., Praise For 401(k) Day Trading "During extended periods of sideways market returns and high volatility, investors need a strategy to preserve their retirement savings. Rick Schmitts trading system combines systematic dollar cost averaging with contrarian investing to grow savings for those investors who have the willingness to opportunistically restructure their 401(k) accounts and the discipline to follow a long-term plan." Jim Koch , Founder and Principal, Koch Capital Management LLC, 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.

LC Classification NumberHD7105.45.U6S359