I love when people try to convince me that they can time the market and day trade their 401k.
That they honestly believe that they can pull their money out at the peak and consistently do this to where they will never lose money.
Unless you have some crystal ball that I'm unaware of or there was a major called “Market Timing 101” that I missed on my school's class curriculum, then the chances of you timing the market are slim to none.
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Even worse in your 401k since selling or buying your funds does not typically settle on the same day.
To all my 401k market timers, this video's for you….
Have a co-worker that thinks you need to day trade your 401k? Be sure to send this video to them.