Thread: Valkyrie's Account Talk

Congrats !! I think about it daily, yet alas, I think I'm here for 2-to-5 more trips around that bright thingy. FYI, Tentative plan when that happens is take about 75% to 80% out to self-directed IRA to manage my self (how & which one(s) I'm not sure; will have a nice diversification though). Plan to keep the TSP amount in the steady graces of the G-fund a lot of the time (if congress doesn't mess that up in the meanwhile).

Originally Posted by Valkyrie

Today is my last day. After 33 yrs 2 months I am retired.
Suggestions will be greatly appreciated on what to do with my TSP. I do not need to take any money out, just need to make it grow until I do.
Thank you.

Congratulations!

Seven more years for me.

Originally Posted by Valkyrie

Today is my last day. After 33 yrs 2 months I am retired.
Suggestions will be greatly appreciated on what to do with my TSP. I do not need to take any money out, just need to make it grow until I do.

Thank you.

Congratulations! wishing you the best!

Congrats Valkyrie & OhWell! Enjoy your retirement

Congratulations! My 2 cents worth: Leave some money in TSP as it has low fees and once your out you can't come back. I retired end of 2008 and left my money in TSP. It has been growing slowly and I don't need it until 70.5.

The biggest aha moment in retirement: You do not have to wait until the weekends to go places!

2moryrs - NOT!

Congratulations Valkyrie!!! Believe me, retirement is just wonderful! Best wishes to you!!

FS

congratulations! now that you are retired, you might find the tsptalk poker club a good inexpensive way to kill a couple of hours on alternating sunday or monday nights. you have a certain 'f you and the ffing horse you rode in on' quality that might serve you well in our games.

Congrats to you!!!!

almost time to get back in...

It's Almost Time to Start Buying

"The S&P 500 rallied almost 4% in two weeks off extremely oversold conditions last December. It rallied 4% in two weeks in January. And it rallied 4% in a little longer than two weeks in June.

Those are bounces worth trading. So it's almost time to start buying.

But here's the interesting thing...

Look at the chart and notice what happened to stocks once each oversold bounce ran out of steam. In each case, the S&P 500 sold off hard to an even lower low than the previous one.

So like I said, it's almost time to start buying in anticipation of an oversold bounce. Just don't stay in the trade too long."

JIM ROGERS: The worst crash in our lifetime is coming - Business Insider

Rogers predicts a market crash in the next few years, one that he says will rival anything he has seen in his lifetime.

http://www.dailywealth.com/

This Is NOT What a 'Melt Up' Top Looks Like

By Dr. Steve Sjuggerud
Thursday, June 29, 2017

I've said it for years... The biggest gains will come in the final innings of the bull market.

My friend, the final innings have arrived. The big moment is here.

Yesterday, I explained my "Melt Up" thesis, and why I believe these final innings could lead to massive gains.

It's already happening... Stocks are up big over the last 18 months. But I don't believe we're at the top yet.

The reason is simple... Things don't look anything like they did at the top of the last Melt Up.

During the last Melt Up, we saw the biggest gains in the tech-heavy Nasdaq Composite Index. It soared 200%-plus in 18 months as the Melt Up concluded. And prices hit truly ridiculous valuations along the way.

A lot of people point to today's valuations in the U.S. as a reason the recent gains can't continue. But here's the thing...

During the last Melt Up, valuations were already ridiculously high – before it all began.

The chart below shows the price-to-sales ("P/S") ratio for the Nasdaq during the 1990s. (This ratio is one of the best ways to measure real value in the stock market.) Take a look...