"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
And the dump continues to accelerate. Tomorrow looks to be another really bad day. Friday will likely be even worse with folks not wanting to hold over the weekend.
It sure does. I truly feel for those of you caught up in this mess. If I was caught up in it, I would not even track my TSP any longer because it would just be too sickening. I would turn off the noise. Perhaps some of you need to do that to maintain your nerves/sanity, and then revisit your account in a few months. If I can do that for 10 years (and a happy buy-n-holder I was), then you can do that for a few months. Give it some thought. Especially if it is beginning to affect your mood/personality/health.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
One big difference being you were a buy and holder for 10 years during an 11 year bull market. Congrats to you for avoiding a majority of the current dump. I missed the run up in February sitting in F and bailed two days ago to G. I have no interest in jumping back in anytime soon. I'll wait for the dust to settle.
And I was not bothered one bit with the Dec 2018 decline, for example, because I knew my number of shares were intact and their prices would eventually reach new highs. That's what people's thinking needs to be like now if they find themselves caught up in this mess.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
That's kind of where I am now, half in as of this past Monday. Beating myself up for not following through with the patience I had for the original drop. If I sell now, I'm out the rest of the month. Might not be all bad. Otherwise, I can continue to ride it down and hope to deploy the rest of my money closer to the bottom. Easier said than done, timing the bottom.
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
Stock futures now over 5% down this morning:
U.S. Stock Futures
CRAZY
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
If this holds, this will be the worse trading day I have ever seen. Look at that AGG. Since that AGG money is not flowing to equity (see the C/S/I proxies) it must be going to cash. A true panic.
I saw two 8% declines in a row in 2008 - and bailed completely to the Lilly Pad. Might have to go Full Monty in this as well. I am now down 10.77% YtoD and about 14% peak to trough and only 50% in the market. I really don't like being less that 50% in the market and I really, really don't like locking in losses but a panic is a panic. If today holds at the -8% than I will be sitting at a -18% peak to trough. That is rough.
Ugh, nice moves on your part.
Lookin' up at the 'G Fund'!!!
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) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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