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Thread: Weather_n_Leather's Account Talk

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    Question Weather_n_Leather's Account Talk

    Before I write and tell everyone what my thoughts and feeling are on what is occurring in the market (maybe next post), I have a comment about the tax rebate checks that everyone is talking about.

    I understand the premise that the government gives money back and that money is put back into the economy when the public makes purchases. But from what I have heard via the media (TV, internet and newspapers) , only a small percentage (~33 percent) was actually injected back into the economy the last time the government sent out tax rebate checks. It sounds like roughly a third was used to pay down debts while the remaining third was put into savings.

    With a current number of foreclosures and record credit card debt, it seems to me the percentage of this tax rebate that will actually injected back into the economy in the short-term this time would actually be smaller than the last time.

    I am sure most of the money eventually made it back into the economy last time and will this time as well. But if this is a short-term "fix", it does not seem very efficient.

    Does anyone else feel this way...or am I out in left field?


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    Default Re: Weather_n_Leather's Account Talk

    Hi all,

    I just signed up for the Automatic Tracker. What a wild time to get in.

    My current allocation is as follows:

    90 G
    10 F

    It looks like we may have a few days of a down market before there could be a few rays of hope.

    Anyone have any ideas if and when the I fund looks like a good play?

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    Default Re: Weather_n_Leather's Account Talk

    65 G
    0 F
    10 C
    10 S
    15 I

    Do not usually do this. But looks like it may be a good time to make a little money.

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    Default Re: Weather_n_Leather's Account Talk

    I thought about my initial move to spread a little money across the stock funds. Was looking at the world markets and got a little caught up in what looked like a good day. But the US stock market is not the world market. So I cancelled the initial IFTscheduled for close of business 1/23.

    Still:

    90 G
    10 F

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    Default Re: Weather_n_Leather's Account Talk

    I am still not sure when and where we will reach the bottom. Is the recent two day rally a bump on the way to the bottom? So I do not want to get back into the market too heavily. However, there is some money to be made in the short-term.

    I would like to be able to conduct large IFTs more often. Because of the lack of time for extensive market research, I do not like to make large moves. I do realize I have a better chance of making a higher return if I made larger moves more often (and also a better chance of a lower return).

    However, my preference is to make small moves less often which will be able to capture the highest return I can. Hope this makes sense.

    As of COB 1/25, I will be

    83 G
    0 F
    5 C
    5 S
    7 I

    Depending on what occurs next week (closer to the FED meeting), I may move a little deeper into the market. We will see.

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    Default Re: Weather_n_Leather's Account Talk

    Still not sure when and where to get back into the markets. But I think the best thing to do is to get a little farther in.


    71 G
    0 F
    9 C
    9 S
    11 I

    COB 1/30

    Any thoughts?

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    Post Re: Weather_n_Leather's Account Talk

    I have not been online in awhile as there seems to have been too many things to do and not enough time. The sad thing was I was learning about the market and what makes it tick (up or down).

    I am hoping things will quiet down soon so I will be able to get back on here. There are many people in here which are knowledgeable about how to make money in TSP and stocks, in general. I want to learn more.

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    Default Re: Weather_n_Leather's Account Talk

    All,

    I am ready to get back into the swing of things and learn from all of the knowledgeable people on here. I am not doing too bad in the automated tracker for not spending any time reading the market. However, I can do better and that is what my goal is.

    Bring it on!!

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