Re: <1%IFT Option

Originally Posted by
Boghie
SqualeBear,
Thanks for providing this info on the '<1%' transaction. It made me some money after my 'Lilly Pad' dump in late March. The <1%IFT has been an option since the FRTIB dumped on the TSP Participants in April 2008. It's not a guarantee money maker, but it is an option that most of us never knew about. It opens up the mind to the Market and forces us to question our true risk tolerance. Many of us would rather gamble on small losses, then be locked in (G) Jail with little to do but question our decision. I sat here on this MB a while back and blathered about not using one of the valuable IFT transactions for backward trades - and, then I do so. I thought I was the smartest of the smart. Live and Learn. ...or Live and Burn. One of the smartest decisions I've ever made was to move furniture between 11:00am - 12:00pm (est). In other words, sometimes the Best Decision is NOT to make one. Bad ones end up good and Good ones end up bad. Over the last year and a half, It's been like we've been playing the Lottery or looking into a Crystal Ball for guidance. You've been (obviously) more right then wrong as your up on a YTD basis. Congratulations are in order. Time to start playing the Goldilocks Allocation strategy again. I can mentally handle a 20% tanking in the market (a couple of STDs) but that 50% dumping got me spooked. Fear and this site (with the wonderful knowledge available) helped contain the losses, but only I can heal what’s inside. Investing the way I am now will leave me in Alpo on retirement!
I don't know if it's time for Kudlow's Mustard Seeds to bloom, but
the losses felt around the world spooked everyone. The fact that
you were capable of containing the damage shows you have a firm
grasp of the tools you have available and put them to good use.
Don't heal whats inside of you, as it keeps you honest and out of
harms way. Alpo sounds terrible, but it beats Gov't Cheese locked
in a warehouse for decades. Food for thought. (pun intended)
My thoughts of future market events are strictly my gut feelings and have nothing
to do with actual knowledge or experience concerning the Stock Market or Investing.
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