Originally Posted by
Seneca Pilot
I think there is a misunderstanding here. He believes you are talking about actively trading in a retirement account which is what the original question seemed to be asking. Actively day trading in a retirement account would be the ultimate example of a bad idea.
why? If you have 5 years til retirement and that will be your main source of income in retirement that’s one thing, but if you have 20, 30, or more years to go, what’s the harm in day trading with a % of that money? I don’t do this but I fail to see why this is “the ultimate example of a bad idea” (assuming you can afford the losses)