Thread: I am losing money!!!

My two centavos:

Buy when everyone else is selling, and sell when everyone else is buying. Don't sell on a huge down day, you'll only shoot yourself in the foot.

Originally Posted by funkyhunky

I recently got a job in the federal government. I managed to put a lot of money (10K) into my Roth TSP after 1 year, but didn't switch it from G until late August. Now I've lost like 500 bucks!

I'm in 100% S and want to bail out now to the G, is this a good idea?

You haven't lost or made any money until you sell your shares. $500 isn't too bad, but I still wouldn't sell right now. Now is the time to buy with your new deposits. I'm hoping for a nice Santa Claus rally to bail me out...like it did last year!

Originally Posted by burrocrat

judging by the frequency of posts in the '$' threads, us econoclass investors aren't the only ones losing money.

Well, if Intrepid was on the "public" part of the AutoTracker he'd be # 12 (out of nearly 1000)

The Plus system would be #55.

Burro is #462.

So before you go scaring the "econoclass"...

462 is a better than flipping a coin and i'm quite proud of that.

Originally Posted by burrocrat

judging by the frequency of posts in the '$' threads, us econoclass investors aren't the only ones losing money.

Naw, Burro....we're all just posting about you !


Stoplight...

Originally Posted by burrocrat

462 is a better than flipping a coin and i'm quite proud of that.

We're proud of you too. Some of my best friends are below 400. I still talk to them, although not in public.

And speaking of coins... I guess we aren't going to get our silver gang going. But that's for another thread.

Originally Posted by tsptalk

We're proud of you too. Some of my best friends are below 400. I still talk to them, although not in public.

Well that explains my cold shoulder treatment.

If it weren't for me, there wouldn't be a top half!!!

funkyhunky, welcome aboard.

I used to say the same thing that "I'M LOOSING MONEY". In reality you don't loose or gain anything until you sell/move some or all of your shares. I have started saying that my portfolio is down or up. Currently I am somewhere in the low 900's on the Tracker (can't remember if I have ever been that low) and my TSP is down 3.66% for the month and down 2.72% YTD. Hopefully Novemebr and December can at least get me back to even or maybe give me a little bit of a gain by the end of the year. I can't complain too much since last year I added just over 37% to my TSP. Some great advice has been tossed around. Good luck and don't be afraid to ask questions.

It would be a mistake to sell or reallocate because of a dip in the market. In fact it is a good time to buy more shares because of cheaper share prices. The goal now should be keep accumulating those shares. In the years before retirement remember that both losses or gains are UNrealized losses or gains meaning you haven't lost any money.

Listen to those who are saying up/down in the condition of their investments. I can tell you that I have never "lost" money, but I have missed market movements to increase my value. In 2003, I bought into the I Fund at $12.42 a share. Now, if I stuck to a Buy and Hold methodology that Share would be $23.49. But I don't do B&H and that initial $ investment actually doubled in 2010. So remember to make your position the best possible during the market. And remember, G Fund stays green and is a better place than funds with a negative (-) sign during corrections like this. I forgot to change my AT when I went real world G. I show at 589 -.5%, but RW I am actually at 7.34%. Laziness will not win you coffee mugs on this site!

Originally Posted by Globalpack

It would be a mistake to sell or reallocate because of a dip in the market. In fact it is a good time to buy more shares because of cheaper share prices. The goal now should be keep accumulating those shares. In the years before retirement remember that both losses or gains are UNrealized losses or gains meaning you haven't lost any money.

Too late. FunkyHunky took his pocket change to the F house. Just in time to watch the parade. :toung: