Thread: Jkenjohnson's Account Talk

Originally Posted by jkenjohnson

As of today, I have the largest balance I have ever had in my TSP. Now if I can just hang on to it and make some more money. Mo money Mo money. Mo money.

congrats now give me your Rolex, you certainly dont need it.

jokes aside were you in the 2008 crash or something?

Originally Posted by law87

congrats now give me your Rolex, you certainly dont need it.

jokes aside were you in the 2008 crash or something?

Yes I did lose money in 2008 and one other time in 2000 maybe?

Originally Posted by jpcavin

Caring is sharing

I might give you a few bucks Lucy if you work for it

Originally Posted by jkenjohnson

I might give you a few bucks Lucy if you work for it

No working girl here!

Originally Posted by jpcavin

No working girl here!

I did not mean that kind of work.

Originally Posted by jkenjohnson

I did not mean that kind of work.

Ha, ha. I know but it sounded like a good comeback.

Originally Posted by jkenjohnson

Yes I did lose money in 2008 and one other time in 2000 maybe?

ah congrats on the recovery...wow 5-6 years to recover.

Originally Posted by law87

ah congrats on the recovery...wow 5-6 years to recover.

That's not unusual. I didn't get back up to my Nov 2007 high until Oct of last year. Then I took that 5% hit in Jan & Feb and am now still below my Nov 2007 high.

Originally Posted by law87

ah congrats on the recovery...wow 5-6 years to recover.

thanks

Originally Posted by Cactus

That's not unusual. I didn't get back up to my Nov 2007 high until Oct of last year. Then I took that 5% hit in Jan & Feb and am now still below my Nov 2007 high.

From Nov 07 thru Mar 09 I lost 123,000 riding the S fund down the gauntlet. Didnt know what I was doing - didn't know how to manage the account and stayed in the S fund. In Dec of 11, I had gained it all back. I had not completed one IFT during this entire duration. It was at this time I said damn - I need to start getting serious about this! A co-worker told me about TSP Talk and I became a member in Jan 12. In the past 2.5 years I have been a buy and holder for the most part but have IFt'd on multiple occasions saving me some significant losses. I have more then doubled my balance since and it has dramatically improved my outlook on retirement - age eligible in 2020.

Can't speak enough about the benifits I have reaped from TSP Talk and everyone's contributions to the site. It has become a mandated, daily visit for both the seriousness of investing and humor sides of folks.

Thanks Tom and everyone!!!!

Kevin

Warren Buffett is sitting on 55 billion dollars in cash. This is the largest cash holding in Berkshire Hathaway ever. Does he know something we don't?