How multiple $1,000 days helped Rich Stratmann set a course for a better retirement

Rich Stratmann

IT Executive

In recent years, many investors have been taking a more proactive approach to growing their retirement nest eggs. 

Every day, we see more and more people trading in their 401k accounts. While this approach may offer significant upside potential and tax benefits, it can also increase your downside risk.

When trading in a 401k, you are fully responsible for managing your investments. In other words, it’s up to you to make smart trades, while managing your risk.

Rather than trusting your money with so-called investment experts, now it's possible to buy and sell stocks whenever you want in your 401k. This approach can provide important tax-deferral advantages when compared to trading in a regular brokerage account.

After selling a winning position in a normal brokerage account, you’ll typically owe tax on the gain immediately. On the other hand, when you make a profitable trade in a 401k account, you don't have to pay taxes on that gain as long as the money stays in your account. 

This means you could potentially earn higher after-tax returns trading in a 401k. Of course, you should check with an accountant to get a clear understanding of the pros and cons of this approach before starting.

Member Profile:

Rich Stratmann lives in St. Louis, Missouri. He's the Founder and Treasurer of Innovative Solutions, an IT Services Provider. His trading goal is to accelerate the growth of his 401k, so he and his wife can enjoy a more comfortable retirement.

Location:

St. Louis, Missouri

Occupation:

IT Executive

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Millionaire Roadmap

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The School of Hard Knocks Has Its Rewards

Rich Stratmann of St. Louis, Missouri is a good example of someone who is taking a more proactive approach to building his net worth  "I'm trading in a 401K, and I know that being successful at this will enable me to enjoy retirement in a few years," he says.

About 15 years ago, Rich fell in love with the stock market and studied numerous books on investing and trading. He has also invested in a number of training programs to learn as much as he can about the markets.

An IT executive by profession, Rich has had his fair share of wins and losses over the years.

"Yeah, I blew up my $25,000 account once and have a long-time poor percentage of wins, so I knew that I needed mentoring. I joined Tim Sykes' Challenge program and stayed in it for about 2 years. Last year, I joined the Stocks To Trade Pro program, but unfortunately, I was unsuccessful at growing my account," he says.

"I blew up my $25,000 account once and have a long-time poor percentage of wins, so I knew that I needed mentoring."

Rich Stratmann

IT Executive

Multiple Thousand-Dollar Days And a Few Setbacks

Rich continued, "I was searching for a better solution, so I joined Jason Bond Picks and Millionaire Roadmap about 5 weeks ago. Since starting, I've had five $1,000 days and one $1,800 day!"

"The only problem is that I've been giving it back by letting the options run too long. But that doesn't really matter. I'm hooked. I love all the trainers. And I'm a quarter inch away from keeping more of my wins and giving back less."

When asked about the sometimes painful lessons he has learned over the years, Rich said, "Each time you think you know how to trade, The Market shows you just how wrong you are. That's why you need to invest in yourself and in training, so you can learn how to trade from someone who is already successful."

"I was searching for a better solution, so I joined Jason Bond Picks and Millionaire Roadmap about 5 weeks ago. Since starting, I've had five $1,000 days and one $1,800 day."

Rich Stratmann

IT Executive

Rich Stratmann

IT Executive

Setting Sail Towards A Richer, More Comfortable Retirement

After joining Jason Bond's Millionaire Roadmap, Rich feels that he has finally found the proven system and the mentorship he needs to accelerate the growth of his net worth. Now he's planning to be in a better position to retire sooner, rather than later.

Rich's current investment and lifestyle goals are:

1. Get his 401K account past $100,000, then continue to grow it from there.

2. Pay off the mortgage on his home

3. Buy a vacation condo in Branson, Missouri where Rich and his wife can enjoy lots of quality time with friends and family.

The good news is that people are living longer than ever before. Realistically, your retirement could last for decades. If you can manage the risk, stock trading in a retirement account can help grow your nest egg faster in a tax-deferred way. However, it’s important that you remember to diversify your investments and income streams. 

If you've lived long enough, you know that the stock market has its ups and downs. And it also has its occasional crashes. So be smart and plan for those possibilities. You’ll sleep better at night.

"Previous experiences and mentoring had not grown my account. I initially liked Jason's three strategies and joined on the basis of that and his training. A week later I joined the Millionaire Roadmap."

Rich Stratmann

IT Executive

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