401(k) Day Trading Turns a Happy 4
Next, I feared that raising my pride and joy with the help of 401(k) day trading might require too much attention from my already overtaxed schedule. These days a busy life makes it hard to have the time, inclination or energy to nurture a small fry to maturity. No worries, though, as I found a routine for 401(k) day trading that took merely minutes a day to make something out of a market that has offered nothing more than volatility in these trying times.
Only testing over an extended incubation period could determine whether 401(k) day trading actually racks up the type of performance that would justify its long-term use as a better way to manage retirement savings. Perform it did, as 401(k) day trading generated lasting growth under some pretty extreme market conditions. Starting with a $150,000 retirement savings portfolio evenly split between cash and S&P 500 funds, 401(k) day trading with a calibration factor of $100 for each one-point change in the S&P 500 index to determine daily fund exchange amounts resulted in a return of 15.2% -- excluding dividends -- over the four years ending April 30.
Even with trouble lurking at nearly every turn over the past four years, 401(k) day trading took my precious cargo to the next level. It just so happened that these extremely volatile market conditions only contributed to the good fortune 401(k) day trading brought my way. Whereas holding steady in stock would have returned less than 1%, 401(k) day trading would grow that nascent treasure by 15% during the four years (again, excluding dividends). If that keeps up, soon I will be able to count on my baby to take care of me in my retirement. After all, isn't that what this is all about?