Thread: Boghies Account Talk

Yes, that does need clarification. Ordinarily this would mean getting paid back with inflated dollars. Here I am referring to our government possibly defaulting on its debt and not paying us at all. Not right away. It's just giving us IOUs like Excepted Employees are getting now.

Originally Posted by Cactus

I've often wondered about that. Do they even have to freeze it? Can't they just grab the whole pot and just pay us as if we were in the chosen funds. It's all bits in a computer after all. What's to stop them from grabbing it all now and promising to pay it all back with the same worthless IOU's everyone else gets?

Cactus,

The F/C/S/I assets are not bits in a computer program. They are equity holdings in your specific account. BlackRock is simply a brokerage house (a bank) that holds those records for you. You actually own the stock in the various companies. The Treasury would have to sell those stocks (not borrow against them - ie. securitize) to get money. That ain't even close to legal.

The reason that the 'G Fund' assets can be 'raided' is that they are actually Social Security Bonds. Social Security gives you the bond and you give them money. They then disburse that money out to Social Security recipients. Then they receive Social Security contributions and they pay you with interest. The Treasury can float the payment of those bonds and interest and stuff IOUs in your account. It is wierd how they do it to our retirement funds, but it is somewhat legal. And, as of now they have grabbed it all and there is nothing left.

The odds of these goobers locking 'G Fund' assets it almost 0%, but I want it to be 0% for those assets I want invested.

The number on the far left of my TSP balance just rolled up...
And, at least doubled since 2008/01/01...
Happy Days are here again...

Originally Posted by Boghie

The number on the far left of my TSP balance just rolled up...
And, at least doubled since 2008/01/01...
Happy Days are here again...

Nice job Broski! I mean Boghie!

Please tell us again about those $8 fund prices...

Originally Posted by Birchtree

Please tell us again about those $8 fund prices...

BT, a good thing...
A very, very good thing...

Those $8 dollar shares have made a huge difference. They are worth over $22 right now. Buying in when folks were really squealing has been a tremendous advantage.

Again, thank you for showing me the value of enhanced GDA during the crying times...

Thanx for the info, Boghie. I feel better now, especially since I just jumped 100% into G.

I missed documenting a move in the AutoTracker - but the market has gone nowhere. I thought I did it, but I was just mind streaming the day before the move. On Oct 15th, I went:

G: 30%
F: 0%
C: 30%
S: 15%
I: 25%
Average Annual Return: 5%
Average Risk: 7%

I would probably be right where I am on the AutoTracker. Anyway, sitting in the high 300s probably takes me out of the running for this year. Thus, I'll be all magnanimous and take myself out of the running...

But, I just made the following move (and AutoTracker is down for maintenance):

G: 25%
F: 0%
C: 32%
S: 17%
I: 26%
It is still:
Average Annual Return: 5%
Average Risk: 7%

While the return/risk is the same in actuallity it is shading heavily toward 6%/8%. Hoping for Christmas...

At home with the awesome power of Quicken at hand, the actual risk/return turned out to be:

Average Annual Return: 5%
Average Risk: 8%

Now, as Cactus pointed out in his essay on risk computation, the statistic of 'Risk' is really a variant of variance. Eh... 'Risk' is actually merely a standard deviation measure. Basically, they plot out the annual returns and create a bell curve (which is actually kinda pointy with investment returns) and determine both the norm (the center point) and all the points +33% an -33%. That is, about 67% of the time your return with my current allocation should fall between -3% and +13%. I have found that Quicken presents these numbers as inflation adjusted (using a 3% normal inflation), so a normal return to normal people should be between 0% and 16% with the center point at 8% (no relation to the Average Risk noted above, just a coincidence).

Congrats to those above the average return and even beyond the + side of the normal deviation. You dun well

Originally Posted by Boghie

I missed documenting a move in the AutoTracker - but the market has gone nowhere. I thought I did it, but I was just mind streaming the day before the move. On Oct 15th, I went:

G: 30%
F: 0%
C: 30%
S: 15%
I: 25%
Average Annual Return: 5%
Average Risk: 7%

I would probably be right where I am on the AutoTracker. Anyway, sitting in the high 300s probably takes me out of the running for this year. Thus, I'll be all magnanimous and take myself out of the running...

But, I just made the following move (and AutoTracker is down for maintenance):

G: 25%
F: 0%
C: 32%
S: 17%
I: 26%
It is still:
Average Annual Return: 5%
Average Risk: 7%

While the return/risk is the same in actuality it is shading heavily toward 6%/8%. Hoping for Christmas...

Merry Christmas everybody...

Got a weird question. Where does someone look to find decent art (paintings) for one's abode? This - to me - is as confusing as technical trading strategies

Send Tom a PM.