Working People Bootcamp 401k Pre Work

As part of the Working People Boot Camp there will be a discussion on Stockbee Lemonade Strategy for 401k and modifications to it to suit different scenarios.

Unfortunately in 401k there is no one fit all solutions as different companies have different choices of funds and different brokers have different restrictions on what and how often you trade.

However over last 20 years I have looked at lot of members 401k and has good understanding of solutions for different conditions.

To benefit most from the Bootcamp if you do some pre work on your 401k then it will save you time during the bootcamp and you will not feel lost.

Here are things I suggest you do before bootcamp to be ready

Setup list of your fund choice in TC2000 . If you do not have TC2000  use Google Spreadsheet or Excel

Set up columns for sorting like shown above.

TI 42  is avgc4/avgc42

YTD is pre loaded column in TC2000 

1Y c/c252
If you have Fidelity Brokeragelink in your account, find out what choices are allowed and whether ETF and Leveraged ETF are allowed.  

What is BrokerageLink
BrokerageLink® gives you the ability to open a brokerage account within your 401k. This opens the universe of available investment choices to a much broader spectrum of securities. Some companies limit the types of investments you can own or the percentage of your 401k that can be moved into the BrokerageLink® account. Still, the wider selection of thousands of investment choices increases the level of diversification you can achieve and may give you access to investments that are superior to those offered in the standard 401k plan.

Schwab also offers  Schwab Personal Choice Retirement Account® (PCRA) which is similar to Fidelity BrokerageLink 

A Schwab PCRA is a self-directed brokerage account (SDBA) that resides within your employer-sponsored retirement plan. In addition to the choices typically offered by retirement plans, PCRA lets you invest in a much wider range of investments.

Knowing the details of these options will allow you to turbo charge your returns. So study the choices you have.

Find free Data on 1 year 3 year 5 year returns on your fund choices. In most cases this is available within your 401k brokerage account. See table below for one of our 401k account 

 This information will help you select right funds and during boot camp I will show you how you can use this to beat the market. 

More prepared you are , more you will save time during boot camp and can focus on actual learning. 

Working People Bootcamp August

August  4th , 5th , 6th  from 6 PM to 10 pm

More seats added so if you missed the opportunity to
sign up, you can do now in next few days.
Bootcamps are in high demand so they get full quickly. 

How to make money as a working person with limited
time commitment.

What setups are best for Working People. 

How to use 9 million volume breakout to make big money.

How to use the Working People Newsletter to make money.

How to research stocks for hold periods of months to a year.

How to enter as working person

How to use stops.

How to exit .

Tools and process flows

How to manage 401 k for best returns 

Time: 6 pm to 10 PM using Zoom.

When: 4th , 5th 6th August with 3  follow through
recaps next  4 week after bootcamp

Cost: $250 for members . $450 for non members. 

Book your spot today  . email easyguru@gmail.com

Pay using paypal to easyguru@gmail.com

No comments: