Trade inside your 401k

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Trade inside your 401k. It can pay off.

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Although I don't work for MPS anymore I still have my 401k with them, allowing me to trade their stock inside my 401k.

From what I understand, you don't get fined like you would at a brokerage if you buy and sell inside your 401k.

For 6 months and 1 week's worth of doing nothing (besides checking on the stock twice a month) a $1200 return on $2,267 isn't bad at all. Try finding a CD with a ~50% return in 6 months.

I generally have nothing to brag about in my financial life. I guess that's why I'm posting this.

Purchase Price:$8.0100
Sale Price:$12.2535

About this Entry

This page contains a single entry by Will published on November 14, 2005 2:15 PM.

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