Thread: wv-girl account talk

We all know that nothing is a sure thing. It's all in our own temperament. If it hurts to lose, don't play!!! Stay in the G fund. Its's safe there. There is also no real money to be made there. If you need more than the 4.6% to 5.2% you're getting out of the G fund to retire, then you have to play the game. That means sometimes you win, and sometimes you don't. You need to change your paradigm. You are not going to win all the time. But you need to put your money where you have the greatest chance of winning over the long haul. My observation has been, and continues to be that the Ebbchart is the most successful avenue to attain the best results. Ebb and the other top players continue to get it right MOST of the time....but not all the time. Being true to yourself doesn't mean second guessing others. It means figuring out who you are and what you can handle. If you can handle a few down days, and are smart enough not to ride it to the bottom (like I did after 9/11), then play the market. If losing makes you feel bad, and ruins your whole day, then stay in the G fund and live with it or get out of the TSP and go to a self-directed IRA. IT's your money...it's your choice. I'm in it, and read TSPtalk every day, so I will never just stay in the market and let it take me to the bottom again.

You will find over time that most bottoms are simply golden opportunities - all you have to do is play them correctly. I'm always thankfull for lower pricing. In my outside account I made 199 individual purchases following the latest bottom into August 16th - what a nice painful ride down. Now watch out for the upside - I'm buckled in for the takeoff. DCAing is the real portfolio redeemer in fiduciary TSP.

Originally Posted by crhuss

We all know that nothing is a sure thing. It's all in our own temperament. If it hurts to lose, don't play!!! Stay in the G fund. Its's safe there. There is also no real money to be made there. If you need more than the 4.6% to 5.2% you're getting out of the G fund to retire, then you have to play the game. That means sometimes you win, and sometimes you don't. You need to change your paradigm. You are not going to win all the time. But you need to put your money where you have the greatest chance of winning over the long haul. My observation has been, and continues to be that the Ebbchart is the most successful avenue to attain the best results. Ebb and the other top players continue to get it right MOST of the time....but not all the time. Being true to yourself doesn't mean second guessing others. It means figuring out who you are and what you can handle. If you can handle a few down days, and are smart enough not to ride it to the bottom (like I did after 9/11), then play the market. If losing makes you feel bad, and ruins your whole day, then stay in the G fund and live with it or get out of the TSP and go to a self-directed IRA. IT's your money...it's your choice. I'm in it, and read TSPtalk every day, so I will never just stay in the market and let it take me to the bottom again.

Thanks for the advice but you're preaching to the choir. I certainly wasn't second guessing ebb or anyone else, just explaining why I did not follow his system for that day. I know who I am and my tolerance level for winning/losing. Looks like my gut was correct about today. Was yours?

Had to make decision early..Away fr computer today. GL to all.

Just trying to make a $
GL to all.

Made a couple of $.. Happy for the moment
d

In reference to the Roth question on the other thread, I have an
uneducated opinion based on what I've been told by people with much
more experience in the matter.

Specifically, I posed a question. "Would I be better off with 2-7 years
left before retirement, by transferring most (not all) of my TSP money
into a Roth IRA". " I would keep some in the TSP and continue to see
the 5% matching contributions, however, I would divert my post tax
dollars into the Roth, knowing that the gains would be tax-free.

The answer was a little confusing, however, the bottom line of the
response was clear; If you were just beginning your career and just
started to contribute, It would be the "BEST" idea.

But, so late into the game and with such a large amount to move,
the taxes I'd pay would be counter productive vs. the benefit. I hope
some of the others (very experienced) will add to your thread with some
good info for ya. Wishing you well and good luck !

Originally Posted by squalebear

Tia, In reference to the Roth question on the other thread, I have an
uneducated opinion based on what I've been told by people with much
more experience in the matter.

Specifically, I posed a question. "Would I be better off with 2-7 years
left before retirement, by transferring most (not all) of my TSP money
into a Roth IRA". " I would keep some in the TSP and continue to see
the 5% matching contributions, however, I would divert my post tax
dollars into the Roth, knowing that the gains would be tax-free.

The answer was a little confusing, however, the bottom line of the
response was clear; If you were just beginning your career and just
started to contribute, It would be the "BEST" idea.

But, so late into the game and with such a large amount to move,
the taxes I'd pay would be counter productive vs. the benefit. I hope
some of the others (very experienced) will add to your thread with some
good info for ya. Wishing you well and good luck !

Thanks for taking the time to respond. All input is welcomed.
Off topic----I used to go to AC at least 2x a yr(years ago), but got tired of only making deposits and getting no returns...the "fun" of it all got old quickly.
Anyway, I would go via the backroads instead of taking the main hwys, and am familiar with some of the small towns along the way. I would get off of I95 (going north) just before the turnpike(cannot remember the route #) and liked the countryside ride. Oh well, that was when I was young and dumb. As my ex would say, 'some things never change'.
Thanks for bringing up some good memories for me--by your discussion of NJ on the other thread. And I hope I haven't bored you.
Good luck in your ift's and here's to all of us on this board increasing our accounts.

Originally Posted by wv-girl

Thanks for taking the time to respond.

Your very kind and it was my pleasure. I would say that if you traveled
through south jersey from I-95, it's likely you took the Walt Whitman
Bridge to the Black Horse Pike (Rt#322), the Ben Franklin Bridge to the
White Horse Pike (Rt#30) or you took the Delaware Memorial Bridge to
Route 40 (very country back there - the true Garden State). Anyway,
I'm glad I threw you to a time of happiness. Now go make some money !

WV-girl, congrats on #2 in the tracker. Maybe you can get Tom to give you a ruby instead of a t-shirt

omg--really? I haven't looked in a while. I already have both of those items, so not needed. Good to hear from you. And thanks.