Thread: Time to JUMP !!!???

What's to say we can't get three more days just like today. The biggest surprise for the majority would be for a day to day advance in the face of all the gloom and doom.

When you are always all in, and not savy enough to harvest some cash when everyone thinks higher prices are ahead........

All you have are pom poms and hope at the depths.

The true guts are to sell during high times to truly fill the rocket with cheap fuel before blast off, when everyone else is running away from the launch pad.

I'm adding more than a few measly drops while we wait.

You are my hero - do it. Will you declare a $140K profit this year to the IRS? I didn't think so.

I decided to jump in two days before the largest one day loss......which, i guess forced me to stay in C to try and recoup someday....and low and behold i see the second largest one day gain........anybody got some dramamine, I am sea sick.

Originally Posted by Birchtree

You are my hero - do it. Will you declare a $140K profit this year to the IRS? I didn't think so.

Try to focus.
1.TSP talk
2.C fund thread

IRS is not involved.

Keep cheerleading though, while the others are getting it done on the field.

You are wrong - the IRS is involved because you get to reduce your AGI with your contributions. You are saving taxes now and will pay later on withdrawl at your income tax rate as ordinary income.

Originally Posted by Birchtree

You are wrong - the IRS is involved because you get to reduce your AGI with your contributions. You are saving taxes now and will pay later on withdrawl at your income tax rate as ordinary income.

You really can't focus.

I suppose that's why your never sell, child like simplicity is all you can handle. Maybe the next ten years will work better.

Originally Posted by Birchtree

Will you declare a $140K profit this year to the IRS? I didn't think so.

IRS taxes the profits when they are taken as ordinary income.

No declaration to anyone this year.

Really though..... try to focus. I think you can if you try.

... of the C Fund while it's trading below $11/share (as of Fri 10/17).

Where do I find out this current price ??

EDIT - Nevermind, I found it here: http://www.tsp.gov/rates/share-prices.html

It crossed my mind that back in 1929 if there were an article in a newspaper titled, "time to jump?" it would have been taken differently then its meaning today. After the last few days it easy to think about 1929.

With world markets down a combined 33 trillion now and doom and gloomers (chart makers) talking about a potential bottom of 400 S&P, I don't believe we will get close to S&P 400. I think a bunch of fund managers are licking their chops at the prices we are at now and accumulation will be taking place on the best deals. Other then the earth being invading by Cleons its hard to think that just about every bad thought that can be dreamed of has been priced into this market. Excuse me. I think I just saw a Borg spaceship fly by. I guess it can always get worse. HH