As a retired GE employee I have 24 free switches per year going from GE stock to Money Market in my 401K account. There are only a few minor restrictions requiring some switch holds per month. I want some direction and thoughts on how to take advantage of this perk. I switch between either GE stock and Money Market and get it at the closing price that day if before 4 pm. The very next day I can repurchase (switch) back to realize a profit or loss if executed again before 4 pm. Help me make this a profit each time! Some direction for researching this. Thanks in advance for any replies.
Isn't GE stock just like a Money Market Seriously, I can't believe you could make much/anything doing what you suggest. Just leave it in GE and go golfing. No sense in wasting brain cells. OR, you could roll the whole thing into an IRA at Interactive Brokers and trade that bad boy! You could trade stocks, futs, options...whatever. Heck, it's only money! (I suggest being VERY conservative, tho) Good trading to all