Can I swing trade my stock options within my 401k plan to increase my profits ?
2006-09-29 21:25:47 · 3 answers · asked by bige1236 4 in Business & Finance ➔ Investing
IT IS A RETIREMENT PLAN AND YES IT DOES ALLOW ME TO SELECT MY INVESTMENT OPTIONS
2006-09-30 02:41:46 · update #1
Depends on the 401k plan...does it allow you to select the investment vehicle that the money is in. If "yes" then you can. Call the 401k plan administrator and ask the questions...
2006-09-29 21:27:59 · answer #1 · answered by MeInUSA 5 · 0⤊ 0⤋
You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org
I hope it helps
2014-09-22 07:22:44 · answer #2 · answered by ? 2 · 0⤊ 0⤋
1
2017-03-01 01:21:22 · answer #3 · answered by Shirley 3 · 0⤊ 0⤋
if u r very rich and 401 k matters to u less and if u r ready for a risk then, swing trade it
of this 401 k matters to u a lot, dont
try ur luck with some small amt first
2006-09-29 21:33:46 · answer #4 · answered by Ash 1 · 0⤊ 1⤋