Starting yesterday, I've increased my monthly contributions by almost double. I made rank and am also moving to a more expensive area, so I'm using some of that money to beef up my TSP. I won't feel it if I never had it. Pay your future self first.
congratulations on your #9 autotracker finish and excellent returns for 2014, you beat the market, that's something to be proud of. i'm gonna be watching you.
forget what charlie sheen means when he says it, you're winning man.
100g
Starting yesterday, I've increased my monthly contributions by almost double. I made rank and am also moving to a more expensive area, so I'm using some of that money to beef up my TSP. I won't feel it if I never had it. Pay your future self first.
Not sure if it's been mentioned yet but 2063 looks like a resistance level we need to clear and close above decisively to break this lull period. As of this writing we are at 2067, which is great, but closing here or higher would be even better. I consider this very bullish and am not getting out unless we fall below that level today.
Edit: My numbers are referring to the S&P 500.
Figures, right after I IFT out of the market, we have a strong up day and break the resistance I was looking at. 2063 is under us now. Now I don't know what to do. Aghhhhh
SPX 11FEB15.png
get back in
I know how you feel. Last year I rode the S Fund all the way down. Finally, on Feb 5, 2014 I bailed to the F Fund. The recovery started the very next day and kept going. I refused to chase but it just kept going. I paid the price as you can see from my last years returns. I never made it back up. It only got worse when I tried to do so.
I'm not saying this will happen to you. It's just that we need some kind of trigger of when to abandon a bad IFT. Unfortunately the 2 IFT limit keeps me in bad trades way too long because we can't afford to whipsaw.
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%
Did somebody say Whipsaw?
Cactus, I was in a similar situation last year. I've changed my approach to much longer holds (in or out) because of the IFT limit (no knee jerk reactions). I'm doing better than last year so far. Still, need to hawk all the great analysis going on in the threads and stay on top of things.
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
I'm glad that's working for you, Whipsaw. Any timeframe on those longer holds? I only executed 8 IFTs last year, so it's not like I tried to use 2 IFTs every month.
My problem last year was relying too much on perceived support and resistance. I do better following a trend. Still, last year the trend changed right after my Feb IFT and I need to follow these trend changes without chasing and getting whipsawed.
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%
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) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks