Thread: Getting close to retirement

biggdog1,

From a longer term cycle the market is in a bull market that started 10/02. We had a 3000 point run starting 3/03 that ran to 1/04. We have been correcting that excess for all of 2004 and into 5/05. That process is nearly completed if not completely finished. The next leg up is how far and for how long? If you stay in TSP while you are in retirement you will have even more opportunity to make further gains at an even more rapid rate than in the past -why? You now have the leverage of cash and cash is the real bigdog in this game of life. Taking into account a multitude of facts which have been previousl posted-I would place my funds as such: 70% C fund and 30% I fund. Change your allocation contribution to the same percentages and then try and relax. Keep your eye on Tom and some of the other core C fund players.

Dennis

biggdog1 wrote:

Does anybody know when this market is going to stabilize so I can reinvest and make some money before I die in this place?:^

Yes, it looks like sometime in July.

:shock:Birchtree you are aggressive ! ! ! I did tranfer to 80%-G, 10%-C and 10%-S. I,m not too crazy about that I-Fund right now. I am a fund shifter and have convinced others to do so also. I think I'll wait before I go farther. I just can't afford to take too many risks right now.:%Thanks for your input.



BIGGDOG1:^

Welcome biggdog1. I don't believe the market will be trending until later this year, early next year. If you are planning on pulling your money out of TSP when you retire, you may want to take the safety of the G fund returns because it could be a bumpy ride this year, up, down, up, down...

Tom

I agree. That's why I'm investing conservatively. I transfered 80%-G, 10%-c and 10%-S on May17. Hope I don't get bit in thearrears.



Biggdog1

Tom,

It might be time to review that sp500 graph for 1995. I don't think the train will wait. We had a 3to1 ratio today-I think there is more coming. I'll soon be picking raspberries in the old bear patch. I wonder if Wheels is familiar with those rapberries?

Dennis

I wonder if Wheels is familiar with those rapberries?

Dennis

Excuse me for being dense but I'm missing the reference.

Dave

Wheels,

I grew up on the other side of the White Mountain, a paper mill town called Groveton. When I talk about raspberries I'm actually refering to stocks.

I also own some stock in a company called Nashua. I had an underwater cave diving instructor from Nashua, N.H. Live free or die- take care.

Hey BD, if you are retiring next year then maybe you are CRS?If you are FERS you are going to need all of it so be careful of risks. There may be a couple of people here who have NOT lost money in their TSP since Jan1, but everyone else is making up for losses these days. Am I right people?

We got lucky this week butbe prepared to withdraw quickly if you have to.

Dave

biggdog1,

Remember cash is king-what a great opportunity-if you do not assume more risk, then the song by Otis Redding comes to mind. You'll be sitting on the dock of the bay just watching time roll away. Yes we have all lost money, but money flows in also. Last week I will tell you I dropped $46,000, am I proud of that-no. But I also did not practice the cut and run-this week I got $37,000 of it back. Next week the possibility exists to get another chunk back-and on we go. You just have to accept some risk, and in this cycle the bull is on your side.I apologize if I sound like a snake oil salesman. But my money does my talking.

Dennis

Thanks. I am civil. Made the wrong move today for I-Fund. I'm in G-fund for Mondays penny.