“401K Trading System” A total scam?!

By pat555, June 27, 2013

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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
3
July 1, 2013 12:11 pm
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
Guest
0
pat rybovich
July 1, 2013 6:58 pm
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
3
July 1, 2013 10:08 pm

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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