“401K Trading System” A total scam?!

By pat555, June 27, 2013

Howdy–wondering if anyone here has tried Todd Larsen’s 401K Trading System? His system is mentioned in a LA Times article as a ”safer way to grow your retirement income.” http://www.401ktradingsystem.com/about-us
I’m an investing newbie & easily sold– hook, line & sinker–so many thanks for your insight & expertise as it sounds too good to be true!

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3 Comments on " “401K Trading System” A total scam?!"

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vrader
Member
5
It looks to me that they are using some kind of market timing techniques. The record on the site seems to be indicate that the system works but … I have learnt the hard way that paid services are generally not worth money. It is true for specially those services which are tell you that they will give you a ‘signal’. Gumshoe I like as Travis is just sharing info & I read it for fun. Note, I haven’t bought on stock based on his recommendation but I still pay the irregular subscription 🙂 I keep 20% of my funds… Read more »
pat rybovich
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0
pat rybovich
Hi Vrader, Wow, awesome response Thanks so much for your thoughts on the 401 Trading System…sounds best to steer clear. The “Neatest Little Guide” looks great & has good reviews—will up a copy and delve deep! I really appreciate your sharing your investing approach. It sounds reasonable & something I can probably learn on my own: 20% low cost bond fund 20% low cost emerging market fund 401(k) on auto-pilot, picking ETF’s and not mutual funds. So far so good… But as a newbie I have a question about Tier 1 and those small dogs…can you say more about “the… Read more »
vrader
Member
5

Dogs of dow is a system where you buy the 10 stocks in the dow with the highest yield. You do this every year on a fixed date. Basically, sell stocks you bought last year and buy the sticks based on yield this year. Small dogs are the 5 cheapest stocks of the above mentioned 10. This link has more info
http://www.dogsofthedow.com/dogsteps.htm

again, past returns are no guarantee of future returns but you are buying the heavy weights and updating your portfolio every year.

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