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Thread: Lakebound's Account Talk

  1. #1

    Default Lakebound's Account Talk

    I've been a member here for a little while and failed to heed Rule #2 about starting my own account talk thread so, here goes!

    As my signature currently states, I am close to retirement and have been contributing as much as possible to my TSP account for the last 21 years that I have been with DOJ. I admit to be a complete novice at trading and understanding 50 DMA's and the like. But, I am a premium member and enjoy reading the commentary and advice given here.

    Currently, I was one of those who "bailed" out to G fund earlier last week. With 2 IFT's for March 2015, I'm pleased with where I am at the moment.

    Regards,


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  3. #2

    Default re: Lakebound's Account Talk

    Now you're official!! Thanks for joining us and thanks for being a member!
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  5. #3

    Default re: Lakebound's Account Talk

    Quote Originally Posted by tsptalk View Post
    Now you're official!! Thanks for joining us and thanks for being a member!
    Thank you Tom.

    Frank

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  7. #4

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,580

    Default re: Lakebound's Account Talk

    Welcome Lakebound, we bailed out the same day. Even a blind squirrel finds a nut sometimes.
    Best of lick
    Norman



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  9. #5

    Default re: Lakebound's Account Talk

    Quote Originally Posted by nnuut View Post
    Welcome Lakebound, we bailed out the same day. Even a blind squirrel finds a nut sometimes.
    Best of lick
    Norman
    Agreed! My decision was more luck than anything. Of course, next week could prove to make us very sorry to be sitting on the curb in G fund too.

    Frank

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  11. #6

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,580

    Default re: Lakebound's Account Talk

    Quote Originally Posted by Lakebound View Post
    Agreed! My decision was more luck than anything. Of course, next week could prove to make us very sorry to be sitting on the curb in G fund too.

    Frank
    My finger is on the button, but I have to see a real confirmed turn around before I jump back in, this drop may have legs and have small jumps trying to sucker Dumb Money back into the Market. I usually am late getting back in on a turn around and they usually go up to fast to catch, for me.



  12.  
  13. #7

    Default re: Lakebound's Account Talk

    Quote Originally Posted by nnuut View Post
    My finger is on the button, but I have to see a real confirmed turn around before I jump back in, this drop may have legs and have small jumps trying to sucker Dumb Money back into the Market. I usually am late getting back in on a turn around and they usually go up to fast to catch, for me.
    I believe that it is also important to factor in where a person is in life or career. Some of us are close to retirement, others are retired while others are just starting out.

    So with that said, what's prudent for me may not work for you or the other way round.

    Frank

    Sent from my XT907 using Tapatalk

  14.  
  15. #8

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,580

    Default re: Lakebound's Account Talk

    That's very true, I am retired and tend to be more frugal than those just starting and those close to retirement.



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  17. #9

    Default re: Lakebound's Account Talk

    As crazy as it sounds, I am back with the bulls today and am taking a chance on tomorrow for a bounce! 1 IFT to go for March for a return trip to G if and when we need to. Man, I hope I don't regret joining back with bulls again! I was feeling soooooo smart this last week.

    And I am the dumber money,

    Frank


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  19. #10

    Default re: Lakebound's Account Talk

    Good luck! You made a good call to get out. If your timing is right this time, you will probably be in the top 3 on the autotracker by the end of the week!
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  20.  
  21. #11

    Default re: Lakebound's Account Talk

    Quote Originally Posted by tsptalk View Post
    Good luck! You made a good call to get out. If your timing is right this time, you will probably be in the top 3 on the autotracker by the end of the week!
    Let's all hope that the W4500 goes way up for all of our sake. I did get lucky getting out but, I am a complete novice. I really felt cold and lonely sitting on the curb with the bears because as you know, bears don't share and bulls run together.
    Besides, "retirement be damned" I want a coffee cup!

    Frank

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  23. #12

    Join Date
    Jul 2013
    Location
    Oklahoma
    Posts
    92

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