Thread: James48843 Account Talk

Ouch!

Now I’m down almost 350k from January, and I’m still bleeding profusely. Won’t SOMEBODY decide that enough is enough???

(You know- the only reason I’m NOT on the sidelines now is they I saw a possibility for a nice bounce back. That was $150k ago. Ouch!)


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Originally Posted by James48843

Ouch!

Now I’m down almost 350k from January, and I’m still bleeding profusely. Won’t SOMEBODY decide that enough is enough???

(You know- the only reason I’m NOT on the sidelines now is they I saw a possibility for a nice bounce back. That was $150k ago. Ouch!)


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James,

I feel your pain. I'm not down as much as you but I'm six figures off my high of November 2021. Just keep our fingers crossed and hope for the best.

James and Nasa,

I know your pain well. Been there before. Wait it out and yeah…we are probably only at second base. Two more bases to go. In stock market terms…I have been looking at the recessions of the past and got a sobering look into the end of the year into 1st quarter of next year. Still see bear rallies as we head lower. Hope we bottom in the later 1st quarter of 2023. Otherwise…looks like we could wind up with a 2 year long recession. ☹️🤢

Easy money lending coming back with a vengeance. What scares me looking at past recessions…we have had no VIX spinning top, no panic volume selling, no 10 year yield decline (still rising). These are all good indications we and that dang FED have a long way to go before this mess is straightened out. 🤢😖

Originally Posted by nasa1974

James,

I feel your pain. I'm not down as much as you but I'm six figures off my high of November 2021. Just keep our fingers crossed and hope for the best.

You know, the more I look at this market, the more I am seeing a repeat of 1920-21.

The Spanish Flu epidemic led to problems in the economy, followed by the Fed raising interest rates. Same as we are having now. That led to DEFLATION in 1921 and a struggling economy. Is this a repeat? Take a look, and you decide.

https://en.m.wikipedia.org/wiki/Depr...–1921#Overview

1920-21 stock market. We are a little more than halfway down, like it was fall of 1920.

IMG_3007.JPG


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I thought of that scenario off and on, with Jeckyll Isand in mind. I think it is possible but IMO we won't get any solid indications till sometime the first half of 2023.

Half way... I'm 50% in. Hopefully full exposure will happen near the bottom!

Ok- so I’m looking right now and seeing oversold. Next week is going to be too risky.

Jumping to safety.

Moving to:

G Fund = 50%
L Income= 50%

Effective close of day tomorrow.
Good luck!


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Ok- Check this out.

I reallocated today to a new mix of: 50% = L Income, 25%= C and 25% = S.

But on the process of checking things out, I seem to be missing some funds.

IF- they took the money out as part of paying me a monthly payment, it is not far off what the amount would be. But there is NO RECORD showing the money out of the account to pay the monthly payment yet.

But I THINK my account is missing exactly $2,256.61 at this exact moment. I won’t know for sure for a few days.

Now, I can’t really tell for sure, because the computer now only says “your balance on Nov 10 is $XXX.XXX.xx “. As I say, it may resolve tomorrow with a recording if where the money went. But as of this moment, the columns do not add up to what I think they should be- and that is new in the last 24 hours.

The computer display now DoES NOT display the dollars AND number of shares in each TSP fund. It only displays dollar amounts. So there is no way to determine if something is missing, unless you sit down and do the math, manually, each day.

Just saying- watch carefully, and take screen shots at each balance before and after making a transaction of any kind.




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Not good. Keep us posted.

So with administrations spending money like never before and using terms like never before such as Billions and Trillion's like it's nothing, I've often wondered if they were to take out (skim) like lets say 6 cents twice a month at random intervals from every person having a TSP Account, would anyone even notice?? And now if you say that it's even harder to track such a thing on the "New & Improved" (LOL) site, it would provide easy pickings for them to do so without anyone being the wiser.

I know, I know.............. Conspiracy Theory...... but can you imagine how much that would add up to per year?? It would be sizable $$$$ considering how many past and current federal gov TSP Account holders there are.
How many people that you know check their balances down to the penny on a daily basis??? Not many I'm sure. I'll admit it, I sure don't. I probably should more often than I do, which is not much.

I'm just sayin...........somthin to think about. Anything's possible, and they haven't given me any reason to trust a single one of them.

Didn't Richard Pryor do that in one of the Superman movies?