Page 1 of 52 1231151 ... LastLast
Results 1 to 12 of 619

Thread: Steel_Magnolia's Account Talk

  1. #1

    Default Steel_Magnolia's Account Talk

    Hi, Iím Maggie and welcome to my home. The couches are overstuffed and comfortable. The refrigerator is stocked with sodas and beer. And if you need something stronger, thatís in the bar disguised as a world globe over there in the corner. Thereís a six-layer coconut cake on the counter. Glasses and plates are in the cupboard above the cake, and forks and napkins are in the drawer right below that.

    Oh, and the bathroom is at the end of the hall. Please leave the ficus alone because it has finally got new shoots again.

    When I was thinking about what MB name to choose, I wanted something that sounded soft and fluffy on the outside but with a tough inner core that has been tempered by fire. Thatís why I chose Steel Magnolia. And besides, burro can attest that I live in Dixie!

    A bit about myself: My favorite things are my spouse of many years, grandchildren, and loyal friends. I also like good books and quality chocolate, preferably together, with John Lee Hooker or Johann Sebastian Bach playing in the background.

    And last but not least, the reason why weíre all here, our TSP accounts. I am invested 35% in the G Fund Garage, because Iím a FERS retiree and I canít eat my seed corn. Iím invested 45% in the F Fund, because it has been above its 50 day moving average since May 20, and has been at or above its 20 DMA that whole time as well. I also have 8% in C Fund, 7% in S Fund and 5% in I Fund.

    Because I donít have a higher percentage in equities, Birch will say Iím a chicklett. (The fluffy little chick that runs to its mama at the least occurrence, not the little white squares of gum.) And Birch will be right. Because shares are cheap right now. But there is nothing to say that they wonít get cheaper. Iím reading the blogs each day and watching the trend lines carefully. Iíll probably buy more equities this fall, but itís not time yet.

    I look forward to learning more from each of you and to having many fruitful dialogues on the MB. And if I sound familiar to some of you, there is a good reason for that. Thank you again to all my friends who made this fresh start possible.

    I'd like to be the sort of friend
    that you have been to me;
    I'd like to be the help that you've
    been always glad to be;

    I'd like to mean as much to you
    each minute of the day
    As you have meant, good friends of mine,
    to me along the way.

    I'd like to do the big things and
    the splendid things for you,
    To brush the gray from out your skies
    and leave them only blue;

    I'd like to say the kindly things
    That I so oft have heard,
    And feel that I could rouse your soul
    the way that mine you've stirred.

    I'd like to give you back the joy
    that you have given me,
    Yet that were wishing you a need
    I hope will never be;

    I'd like to make you feel as rich
    As I, who travel on
    Undaunted in the darkest hours
    With you to lean upon.

    I'm wishing at this time that I
    could but start to repay
    A portion of the gladness that
    you've strewn along my way;

    And could I have one wish this year,
    this only would it be:
    I'd like to be the sort of friend
    that you have been to me.

    - Edgar A Guest -


    Mi casa es su casa.
    Maggie


  2.  
  3. #2

    Join Date
    Oct 2006
    Location
    asphault
    Posts
    2,700

    Default Re: Steel_Magnolia's Account Talk

    welcome to tsp and good luck, alot of good people,good luckand good trading

  4.  
  5. #3

    Join Date
    Dec 2007
    Location
    inland Northwest
    Posts
    4,105

    Default Re: Steel_Magnolia's Account Talk

    Good to have you here, Maggie. This market calls for nerves of steel, suspect you've got those in spades-but when the clouds gather, its time to head for cover-I agree w/chicken little there, myself.

  6.  
  7. #4

    Default Re: Steel_Magnolia's Account Talk

    welcome home.

    p.s. the sky ain't falling, it never does, noone who has predicted that has ever been right, yet.
    100g

  8.  
  9. #5

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    10,652

    Default Re: Steel_Magnolia's Account Talk

    Maggie, Real nice to have you here on the MB.

    By the way. How cold is the beer?
    May the force be with us.

  10.  
  11. #6

    Default Re: Steel_Magnolia's Account Talk

    Thank you for your visits to my MB home, kar_crazy, alevin, burro and nasa! And nasa, how cold do you want the beer to be? I'll keep it an ice bath if you prefer.

    I'm not going to be around a whole lot at first. But if I'm not home when you knock just come on in. The door won't ever be locked. Y'all just make yourselves at home.

    Maggie
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

  12.  
  13. #7

    Default Re: Steel_Magnolia's Account Talk

    Maggie,
    It's wonderful to have you as part of the MB.

    I've done a lot of crazy things and will be super careful ~ or try to be ~ so if I'm rarely around please don't take it personally.

    My spouse of 28 years is the only person that could ever have given me the 3 most precious girls that ever lived. We have been through many hard and trying times over the years -- but somehow every change was a change for the best and in the end we are very fotunate to have the lives we have and all we do.

    We moved to our present home to 'be there' for my inlaws and it's the longest time we've been in one place. After moving here they bought 80 acres and built their home a 5 minute drive from us. They are as close and meaningful as my own parents.

    Your music sounds wonderful and I spend an hour driving to work and back home listening to a wide variety of music. I go to symphonies occasionally and to special events - like world class violenist or pianist - as the center near me is famous for its perfect acoustics and beauty.

    My favorite music by far is what Nature itself offers -- a waterfall is probably my favorite - but rivers and streams and the wind and birds and the splashing of fish in a pond and all other forms of Nature do wonders for me.

    TSP is something I'm striving with everything to handle more appropriately and make changes for months at a time - rest with that and leave it. For the past few months I've been 70% S and 30% C - and I had 'no problem' with the deep drop and subsequent pop that occured. I went 100% G today because I cannot justify 'consolidation' in light of the current conditions and for me it's better to 'preserve capital' when it appears a downward trend is inevitable.

    Well have a great day! and hope you're doing well.

    Steady

  14.  
  15. #8

    Join Date
    Oct 2007
    Location
    Occoquan, VA
    Posts
    2,423

    Default Re: Steel_Magnolia's Account Talk

    *Burp* Bird is at the third layer of her slice of coconut cake yum. I'm starting the coffeemaker with low octane (decaf)
    "All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python

  16.  
  17. #9

    Default Re: Steel_Magnolia's Account Talk

    Steady, yes, I'm doing better but it sure seems to be a slow process. Thanks for your visit.

    Maggie
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz


  18.  
  19. #10

    Default Re: Steel_Magnolia's Account Talk

    Zacks video is about 20 minutes long. If you don't have time to watch the entire thing, I would recommend going to about 14 minutes in to watch the comments about Bernanke's statement on the GDP figures. Consensus is recovery is slower than expected but they don't think we're looking at a double dip recession.

    http://www.zacks.com/commentary/1553...ugust+28,+2010

    Maggie
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

  20.  
  21. #11

    Default Re: Steel_Magnolia's Account Talk

    Zacks August 27, 2010, weekend article lays out some good reasons to be cautiously optimistic about equities. (For TSPers that means C, S and I Funds.) However, the article talks about being careful about investing much in the I Fund analogs.

    The article also warns folks at or near retirement not to invest money on which you can't take a 20-30% hit, because that kind of drop can happen.

    My favorite paragraph from the article:

    "...What this all means is that economic news is mixed. The double dippers and fear mongers just want to cling on to the negative stuff and there is some out there...but not all. And a lot of what they are clinging to is not reports showing negative activity. Rather it is a stalling out of previous positive trends. Stalling and falling are two very different things. And right now the proof of a double dip is just not there for me. Nor is it there for the vast majority of economists who closely watch all these indicators. ..."

    http://www.zacks.com/stock/news/3943...k+Market+Style

    Maggie
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

  22.  
  23. #12

    Default Re: Steel_Magnolia's Account Talk

    Most interesting read of the morning:

    Supply and Demand: A Detailed Analysis at Projected Home Prices

    By Tyler Durden, August 30, 2010

    "As everyone who has taken Introduction to Voodoo Bullshit, better known Econ 101, can attest the following chart is basically as ugly as it gets: in simple terms when you have a collapsing demand curve coupled with a surge in supply, the bottom line is that no matter how much intervention is involved, nothing can help to restore the pricing equilibrium to its old level (at least not for a long, long time)...."[more]

    http://www.greenfaucet.com/node/18475

    Maggie
    "When asked if my cup is half full or half empty, my only response is that I am thankful I have a cup." -Sam Lefkowitz

  24.  
Page 1 of 52 1231151 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Steel_Magnolia's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Steel_Magnolia's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Steel_Magnolia's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Steel_Magnolia's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes