Re: TSP strategy for mid 40's with 20 years till retirement. Anyone? Bueller?
Originally Posted by
coastalite
I kinda wish I had never messed with my original allocation of 25s 50c and 25i (I think is what it was). I probably should have just held that and DCA'd it. In retrospect, if I had just held that, I might be around 30% for 2013.... but since I allowed fear of a major correction to worry me - I spent valuable time parked in G, and therefore, I will be lucky to get a 13% return for 2013. I'm not really complaining, as my return could have been far far worse.I learned a valuable lesson in that if you stink at investing, you might be better off with a buy and hold strategy. I am thinking about maybe going something like 30c 50s and 20i & just stick my head in the sand and see if I can sit on that & HOLD this allocation for ALL of 2014. Thoughts?
I stay in stocks until my chart tells me to cash out. I'm not good enough at investing to try and time upswing, buy dips, etc. Half the time it works when I try it and half the time I take a hit and end up making less overall. The chart doesn't lie, just go with the trend, whatever it is. When my 15 day EMA goes below my 30 EMA, and my indicators are going negative, I run to G. If not, I ride out the dips and make most of the gains. The biggest advantage I see in this strategy is it gets you out early in the bear market so you don't take a huge loss and you are sure to make most, yet not nearly all, of the gains in a bull.
"The flag stands for rights, not results. Time to grow-up buttercup"
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