IF...the Greeks support the bailout, we should have a decent day. If not, all he-double hockey sticks is going to take place.. I'm hoping for the best.
FS
So much for a flat day, maybe tomorrow. Then again, maybe tomorrow we pay some back. The question is how much?
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
IF...the Greeks support the bailout, we should have a decent day. If not, all he-double hockey sticks is going to take place.. I'm hoping for the best.
FS
FogSailing
Try to learn something about everything and everything about something.
"I'm hoping for the best."
Yes, hope is a leading indicator.
"Welcome back my friends to the show that never ends...
One thing I've learned over the years is:
HOPE IS NOT A GOOD STRATEGY
I didn't move into I fund at the beginning of the month as did a lot of others; I moved into S as I thought I fund was too much of a gamble. The gamblers won, this time. So, I'm at a small gain for the month, instead of a large one. I see why the leaders that went into I are taking their profits, with I up 3+% and likely to retreat. But, there a LOT of others going to G also.
I decided to follow the herd mentality, and go to G also, locking in a small monthly gain and preserving capital in case of retreat.
I really think that the US Markets will drift sideways and slightly up for the remainder of the month, but I'd rather lock in 1 to 1.5% gain today on an up day, and look for another profit next month, as I'll be out of IFT's for July. I'm going to be on vacation the end of July and first part of August, so this gives me peace of mind when I'm out of communication and ability to do a transfer then. I'm above the 1% profit for the month I talked about a few days ago, and working on bonus for the year, so not complaining.
dave
Back from vacation, was good to come back and see I made a good call, getting out July 16th at the high, and sidestepping consistent lows since then. I went back into stocks today, instead of my usual 100% into one fund, I went 30C, 40S, 30I. The decline of 2 to 3% from when I went to G looks like it will be providing an opportunity for another ratcheting up gain later this month.
I like that the fear indexes are running at extreme, while daily moves in the markets aren't really that extreme, and market levels are only 3 or 4% off the market highs. That usually indicates a revisiting of those highs or close to them is imminent. I dislike going in on Friday, before the weekend, as big moves can happen over the weekend. But, might miss the opportunity if I wait till next week. Rather be in at a reduced price with a bit of downturn before a turn-around than out when it goes up.
Well, what a perfectly awful call I made last IFT!
I got a promotion/transfer and had to move my wife and daughter immediately so they could start school and a new teaching job. Came back after a week out of contact and internet, and chaos in the financial world! So I go from working on bonus for the year to trying to come up with a strategy to salvage something.......
Worst part is I'm so busy wrapping up my old job and trying to get my house ready to sell that i don't have the time to try to work the market. So, need to get out and miss any elevator ride up, or stay in and be a buy and holder for a while. Can't decide which makes the most sense.
I've been inactive for quite a while, took a promotion and moved, and only partially actively managing my TSP. Been getting back into it the past couple months.
Took today as an opportunity to get out; it looks awfully much like a local top to the market, and today looks like an up day. Might be sidstepping a 1% gain to the real top, but those have been sharp enough to not be easy to catch lately. I was running 30% S, 30% C and 40% I, went 100% G today. Was tempted to leave the I, it looks less like a top there, but decided to preserve my gain and lock into a certain return instead.
So, taking my 1.41% plus whatever happens today since my June 29th entry, and going to G. Will look to rebuy a dip before the end of the month.
That's what I'm doing. Just got out a couple of days back and looking for a small correction b4 I get back in.
Me too! Sticky pants deployed most of this year but lost my nerve, Plus nice gain to lock in. 100% G as of today. Feeling a big disturbance in the force I am. Good luck to all!
Really had to resist getting back in today. Keep remembering the last few Augusts....... Still 100% G, waiting on better opportunity.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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