O'Reilly logo

401(k) Day Trading by Richard Schmitt

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 6

Playbook

Retirement Savings Investment Strategies

The safest way to double your money is to fold it over once and put it in your pocket.

–Kin Hubbard

It was her turn at the podium. The high school graduating class had already taken their seats on a stage set on the campus softball field. The festive crowd awaited the words of the senior class president. With her cap and gown flowing in the wind, she stood there grounded with a foundation of a solid education that she had worked hard to build for herself. Yet today she discounted the sweat that went into earning her academic honors and instead shared the little things she had picked up along the way that she said gave her an edge in school. She entertained her audience with tales of managing time, accommodating teacher quirks, avoiding distractions, and distinguishing between student pratfalls and real trouble. For her role was to refresh her classmates on their way to the next stop rather than to pontificate with anything too deep or serious. Deep down, though, she knew these little things were just the finishing touches that added strength to an already sound foundation.

WEALTH

Your accumulated financial wealth represents your foundation. It is measured by the physical and financial assets, including retirement savings accounts, that you have accumulated over your lifetime. Spiritual wealth is a whole different thing that will not be explored here. Just as an education is nurtured at school, your financial wealth should ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required