I'm a daytrader. I trade during the day before going to my job from 3-11 pm.
I'm planning to retire at some point this year. After the market tanked big time at the start of this year and recovered, I withdrew half the money from my 401K and rolled it over to some income funds that return 11% reliably.
Since the market has been hitting new highs since the election, the remaining 401K funds are up while the price of my income funds has fallen about 8% even though the monthly payouts hasn't changed. So now those same funds are returning just under 13%.
I'll be withdrawing the rest of my 401K funds this week and rolling them over into my income funds. I don't want to be long in the market when the Fed raises interest rates later this month. I especially don't want to risk my retirement savings in an overbought market when the country figures out Trump has scammed them. .
I've been wrong many times before but I'm not taking any chances of a market collapse the first time Trump causes a major crisis of some kind. I'm locking in my retirement money right now and can short sell the market in the event of a falling market.
I'm definitely NOT qualified to give market advice.
Just giving my two cents worth of opinions.