Re: PessOptimist's Account Talk
Originally Posted by
PessOptimist
Went 100% G fund in October to see what would happen during and after the election. I saw. As usual when to put my small amount back in to stocks becomes a problem. I wouldn’t mind increasing the TSP balance at all but the goal I set was to accept the balance I had when I retired and try to keep it the same after withdrawals. So much for that. Now it’s mid February. I am contemplating putting 10% back in to S fund and see what happens. I may need to hold my nose and shut my eyes and just let it ride.
Any comments please.
PO
I have a hard time addressing someone else's fear. So, I'll just say that the market has obviously been trending upward since about mid-March of 2020, so much so that one guy on the tracker made a 103% return last year. However, during that time there was plenty of times that I was fearful of being fully invested with 100% of my account. Because of that fear, I ended up with a 43% return. So, I suppose the points I want to make are:
1 - fear is not a bad thing
2 - you have to be in it to win it
3 - look for the trends
4 - if you find yourself risking it all, be content with a smaller monthly gain (it can really add up over a years time)
5 - fear can keep you out of the market completely, as you know, or it can cause you to abandon a trend early, like me (but I still made some good gains)
Scott Harrison
Senatobia, MS
Bookmarks