Page 2 of 34 FirstFirst 123412 ... LastLast
Results 13 to 24 of 405
Like Tree17Likes

Thread: OBGibby's Account Talk

  1. #13
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    According to my tsp.gov online account, my 'Personal Investment Performance' (PIP) for the twelve months ending May 31, 2009, was down 27.15%.

  2.  
  3. #14
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    Watch Niall Ferguson's "The Ascent Of Money"

    John Carney|Jun. 29, 2009, 4:24 PM

    The first episode of Niall Ferguson’s The Ascent of Money won't air on PBS until July 8. But you can watch it right here right now. The four-part series traces the rise of the modern financial system, providing a historical perspective for our current crisis. One of the lessons that is very clear is that financial crises are nothing new. In fact, they've been a feature of financial history since earliest times. And here's the good news: despite the trauma, things get better.......

    http://www.businessinsider.com/watch-nial-fergusons-the-ascent-of-money-2009-6

  4.  
  5. #15
    Steadygain's Avatar
    Steadygain is offline TSP Elite
    Join Date
    Sep 2007
    Posts
    6,069

    Default Re: OBGibby's Account Talk

    Quote Originally Posted by OBGibby View Post
    Current Balance Distribution:

    C - 60%
    S - 20%
    I - 20%


    Current Distribution Allocation:

    C - 50%
    S - 25%
    I - 25%


    Historically, and currently, a "Buy & Holder."

    Over the LONG RUN - you'll more than recover your losses. The Biggest Losers are usually the ones that are convinced they can out smart the Markets.

    Quote Originally Posted by OBGibby View Post
    According to my tsp.gov online account, my 'Personal Investment Performance' (PIP) for the twelve months ending May 31, 2009, was down 27.15%.
    I doubt many would be willing to share that - so in a way I've got to admire your willingness to expose your losses. I'd say in the Long Run you'll come out a winner.

  6.  
  7. #16
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    Quote Originally Posted by Steadygain View Post
    I doubt many would be willing to share that - so in a way I've got to admire your willingness to expose your losses.
    It is what it is. I'm in the market for the long haul. I can retire in 15 years with 25 on the job, or I can retire in 24 years with 34 years on the job (mandatory at age 57 for me). In any case, I don't plan on touching my TSP for 25-30 more years, at the earliest.

    Quite frankly, I'm rather enjoying the down market of late. I'm buying cheap, and this year I'm maxing out ($16,500). Hopefully circumstances will allow me to max out next year as well and I can keep maxing it out year after year.

    The market timing approach intrigues me, but I have neither the knowledge nor the time to really stay on top of the markets. I'm not at all confident that I could better my current Buy & Hold strategy through market timing. Obviously, some folks can. Good for them. But I'm just as happy right now to stay the course I'm on, even exposing warts and all...

  8.  
  9. #17
    Birchtree's Avatar
    Birchtree is offline Hall of Fame
    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    18,154

    Default Re: OBGibby's Account Talk

    You will undoubtedly discover that dollar cost averaging is the redeemer of all portfolios. Buy'em whenever the money is made available - and now is the perfect time to accumulate.

  10.  
  11. #18
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    According to my tsp.gov online account, my 'Personal Investment Performance' (PIP) for the twelve months ending June 30, 2009, was down 21.34%.

    Previous 12 Months Ending:

    May 31, 2009 -27.15%
    Jun 30, 2009 -21.34%


  12.  
  13. #19
    Warrenlm's Avatar
    Warrenlm is offline Club TSP
    Join Date
    Nov 2006
    Posts
    1,041

    Default Re: OBGibby's Account Talk

    Quote Originally Posted by OBGibby View Post
    Watch Niall Ferguson's "The Ascent Of Money"

    John Carney|Jun. 29, 2009, 4:24 PM

    The first episode of Niall Ferguson’s The Ascent of Money won't air on PBS until July 8. But you can watch it right here right now. The four-part series traces the rise of the modern financial system, providing a historical perspective for our current crisis. One of the lessons that is very clear is that financial crises are nothing new. In fact, they've been a feature of financial history since earliest times. And here's the good news: despite the trauma, things get better.......

    http://www.businessinsider.com/watch-nial-fergusons-the-ascent-of-money-2009-6
    A question for anyone who has watched this: is the theme similar to "The Money Masters" which discusses the history of banking and the banking families? (How the few control the world).

  14.  
  15. #20
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    Quote Originally Posted by Warrenlm View Post
    A question for anyone who has watched this: is the theme similar to "The Money Masters" which discusses the history of banking and the banking families? (How the few control the world).

    Sorry, haven't watched it yet. Waiting for it to air and then be made available on iTunes.

  16.  
  17. #21
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    New Evidence on the Foreclosure Crisis

    Zero money down, not subprime loans, led to the mortgage meltdown.


    By STAN LIEBOWITZ
    The Wall Street Journal
    July 3, 2009

    What is really behind the mushrooming rate of mortgage foreclosures since 2007?....Many policy makers and ordinary people blame the rise of foreclosures squarely on subprime mortgage lenders who presumably misled borrowers into taking out complex loans at low initial interest rates. Those hapless individuals were then supposedly unable to make the higher monthly payments when their mortgage rates reset upwards.....the most important factor related to foreclosures is the extent to which the homeowner now has or ever had positive equity in a home.....

    http://online.wsj.com/article/SB124657539489189043.html

  18.  
  19. #22
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    Kass: Many Challenges Still Ahead
    06/29/09 - 12:02 PM EDT
    Doug Kass


    .....The surfeit of consumption and the overindulgence in the credit and debt markets, however, are residues that argue in favor of a long-lived transformation in consumer behavior, much like our parents and grandparents endured after The Great Depression.....

    .....Most notably, the personal savings rate will remain elevated, and personal consumption expenditures will be deflated for an extended period of problem......

    .....The construction industry (residential and nonresidential), which provided as much as 40% of the job growth in the early 2000s, will not provide the historic role in expansion of employment, and there is little to replace real estate as a catalyst to growth.....

    .....Besides the consumer, the banking industry will adopt a more conservative approach to lending as the pendulum of credit moves in the opposite direction of 2000-2006.....

    .....Corporate and individual tax rates will rise and provide a further headwind to growth.....

    .....I see an inconsistent and uneven period of growth (not just subpar growth and a shallow recovery) that will be difficult for investment managers and corporate managers to navigate. The odds of economic/profit disappointments and an eventual double-dip in 2010 will be magnified as it's very different this time, owing to the prevalence of so many unconventional headwinds.....

    http://www.thestreet.com/story/10529842/1/kass-many-challenges-still-ahead.html

  20.  
  21. #23
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

    Default Re: OBGibby's Account Talk

    Made In America

    Edited By Steve Kichen, 05.28.09, 06:00 PM EDT
    Forbes

    Made in America meant something very different 30 years ago. It will mean something very different 30 years from now. All we can do is make good guesses. The facts are that 12 million adults make something for a living in the U.S., and their output accounts for $1.6 trillion, one-fifth of world manufacturing, more than that of any other nation. Yet our unprecedented manufacturing muscle is, to many, and justifiably so, in a state of crisis. Those 12 million jobs were once 19.5 million jobs. Since its peak in 1979, factory employment has never stopped falling. The hard truth? It never will. Manufacturing is always in crisis. Productivity eliminates jobs here, in China, in Mexico and everywhere. Making goods will continue to play an important part in our economy, but it will employ a smaller workforce. The growth will be in the ideas that come with the hands: innovation, automation and customization. Hands have skill; people have passion..................

    http://www.forbes.com/2009/05/28/american-manufacturing-factories-business-makers_land.html

  22.  
  23. #24
    OBGibby is offline Team TSP
    Join Date
    Dec 2008
    Posts
    532

  24.  
Page 2 of 34 FirstFirst 123412 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P 500 (C fund)
[Chart]
1d  5d  3m  6m  1y  2y
Dow Completion (S fund)
[Chart]
1d  5d  3m  6m 
EFA (I fund)
[Chart]
1d  5d  3m  6m  1y  2y
Bonds (F fund)
[Chart]
1d  5d  3m  6m  1y  2y