Originally Posted by
Sensei
Over the past year or so, I've lost confidence in my ability to read the market. I never used a system, but usually felt I could get a general read on which direction things were likely to head based on dumb money sentiment. For whatever reasons (lack of time, interest, reliable indicators - fill in the excuse), I just haven't had the success I once had. My underperformance in the TSP is relatively minor, but in my own stock portfolio, I've made some bad investments that are upside down. Not by a lot, but I would have been better off just DCA'ing into an ETF like SPY over the last 3-4 years.
Anyway, for the time being, I'm going to revert to good ol' fashioned B&H. I've been a FED for almost 7 years now, and it's pathetic how little I've put into the TSP. I steadily increase my contributions, but am still a long way from maxing out - just can't afford it. Plus, taking out a loan last year was somewhat of a setback, even though I'm aggressively paying it off now. Since my side investments suck, I should probably just stop adding to my stock portfolio, and throw that money at the TSP.
Unlike many others, my plan is not to retire early. I'd like to keep working until at least 66, and even past that if I am still healthy and physically up to the challenge. At the same time, I've realized over the last year that health is unpredictable, and even though I feel now like I could go on forever, 10 years from now, the story might be different. It's a tough dilemma.
Well, social media is not the place for therapy, right? Just letting you know where my head is. Good luck to all of you with your trades. For the moment, sticky pants for me!
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