I sense a lecture coming....
Administrator,
Please put some money in C or S or I fund. Just only 10%. Unless you do that this market is going to keep higher and higher, without you or us.
Just give the market some satisfaction that it sucked you in.
Look at the chart, You have been out( 100 % in G fund) during the greatest advance of the year.
Please Sir. Let the market gods be happy.
Harry
I sense a lecture coming....
A distribution of monkeys throwing darts to choose their allocations would likely have produced a higher performer ...-Desperado ...My Account
& My Account Talk
How many Desperados do we have now? This makes three right?![]()
HarryPotter, you just don't get it, do ya! The only reason you're able to enjoy this bull run is 'cause Tom and his posse haven't thrown in the towel yet. But seriously, watch out for the trapdoor, it can sneak up on you at any time whatever.
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I'm sure that is the same one I've stepped into at least once per year. Can be a long way down till you hit water - I've found that when I'm at the bottom of the well is when I do my best work. You just gotta want the stuff that gets thrown away.
Tom has a strong tendency to be a tuff contrarian. We are kindred in that respect - he might enjoy pain as much as I do. What, you don't think it's painful watching the rockets go - man it's the worst kind of pain because you don't know how high up the top is going to be. The pain of the downside is much easier to tolerate because you know exactly how much you can lose - all of it. It's always better to know than not to know. He might be on the sidelines for another 4 months.
From Google: http://video.google.com/videoplay?do...trapdoor&hl=en
From YouTube:
I like to be contrarian as well, but do not see major reason to bailout or short this market. TSP talk keeps waiting for the right level but that is never going to come. Market will keep going sideways and then will climb. Specially if this season is just decent, not necessaryly spectacular.
I have been adding to long on dips and it works fine. Time is value as well and to stay out in favorable season because of indicators is futile.
Harry
With full respect for Tom and his decision to stay conservative but sometimes you need to take a chance in order to become success.
I'm with Harry Potter. No guts, no glory![]()
There is the good video of the lady faaling in the trap door. But honestly how many have actually seen that happen?
1929 was one and 9/11 was next, may be 1987 in between but those occasions are so rare that fearing them all the time is paranoid. just as value of everything keeps going up in time so does the value of stocks. Your total time IN must substantially exceed total time OUT of the market to be rewarding.
Harry
I'm waiting for Wheels to be our sacrifice.![]()
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