Thread: kodaq2001's Account Talk

Advice Needed: TSP is up big currently ... is it too late to get in this wave or are we expecting a drop soon?

Good luck with that K2.
Most that are out are expecting an entry and most that are in are trying to time an out.
Rock meet hard place.

Originally Posted by kodaq2001

Advice Needed: TSP is up big currently ... is it too late to get in this wave or are we expecting a drop soon?

Well Kodaq that appears to be the question of the year! I personally couldn't stand it any longer and just recently jumped back in. Common sense says that it can't keep going up and up and up! But it is! Logic says there will be a better place to get in if you're not already in if you are the patient sort. I'm not by the way. JMHO

Originally Posted by WorkFE

Good luck with that K2.
Most that are out are expecting an entry and most that are in are trying to time an out.
Rock meet hard place.

I guess it depends on who you talk to. I'm in and I'm not timing an exit anytime soon.

The shortest bull market in commodities lasted 15 years and the longest bull market lasted 23 years. So if history is any guide, this bull market is going to last until sometime between 2014 and 2022 - if you can believe that. We've now had 180 days without even a 5% consolidation. Whew!!

Advice Needed: TSP prices look pretty low and I'm not sure why. Should I jump into S funds now or wait til they dip lower?

Originally Posted by kodaq2001

Advice Needed: TSP prices look pretty low and I'm not sure why. Should I jump into S funds now or wait til they dip lower?

Check JTH's thread. He posted some percentages to go up or down. I'm looking at 1853 to think about increasing my allocation but I bought just before this dip and look how I did.

Originally Posted by kodaq2001

Advice Needed: TSP prices look pretty low and I'm not sure why. Should I jump into S funds now or wait til they dip lower?

I see that you came up with a decision. Well you missed the 4% dip in the S fund and fear is subsiding. The majority of the dip may be over and you may have entered at a good point. Missing the dip has you ahead in the game.

My 2012 TSP championship mug is starting to get old and outdated so I have decided to win another one. This is why I went all in S Funds yesterday because it was at bargain bin prices.

I like your thinking. Best of luck to ya.

Originally Posted by kodaq2001

My 2012 TSP championship mug is starting to get old and outdated so I have decided to win another one. This is why I went all in S Funds yesterday because it was at bargain bin prices.

I wouldn't get too excited... we're still in the trading range.