So what I'm hearing is that I'm not going to lose money. It's more of a matter of which fund I think is going to do better.
Hey nasa, that's not quite correct.
When an assets price per share moves 5%, everyone's portfolio value moves 5%, regardless the number of shares. This principle is why the AutoTracker can track a portfolio even though it doesn't track the number of shares per portfolio.
For further example:
10 shares vs. 100 shares of the same asset valued at $100 per share. Suppose the asset moves 5% to $105.
10 shares were worth $1000, and are now worth $1050. A 5% increase.
Vs:
100 shares were worth $10,000, and are now worth $10,500. A 5% increase.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
So what I'm hearing is that I'm not going to lose money. It's more of a matter of which fund I think is going to do better.
It may change today, but I'm doing pretty good this month with a 3.72% return. Currently I'm at 100% I Fund.
Though, I'm glad to see the highs, I don't trust them and I'm too close to the end to lose a lot of money (again). Cutting back to 50% S, 50% G.
I hate to get out of the S Fund today and lock in a multi-day loss, but I'd planned to go into the G-Fund until the first week of February anyway. Besides, my brother-in-law, who knows much more than me, just called and said "move to safety." Who knows? I think there's a tendency for critics to believe that a large majority in the market have become complacent, but my thought is that most are just riding the wave and have an itchy finger on the exit button. We may indeed see a mass exit real soon.
I'm glad I'm in the F Fund again today. I think dip buyers have waded back in a little too early.
I don't think there's going to be a huge rally worth buying into in the next few days, soI'm reluctant to leave the F Fund. I'm enjoying a quarter of a percent here and there. Futures don't appear to be very strong as I'm writing this, considering the massive dump we've all witnessed.
I couldn’t have been more wrong about today
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Scott Harrison
Senatobia, MS
At the time of you writing this, futures were up over 2.5%. If that wasn't the number you saw at the time, be sure you are following this:
https://www.investing.com/indices/indices-futures
"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
Hi, Futures still don't look that good on this site but I noticed you posted it a few days ago and wanted to say thank you. It's a good resource site and better that MarketWatch I believe.
Anyway, I do appreciate the site suggestion and I'm glad that we have guys like you on board. I don't think anyone will be taking your Armalite Rifle 14 from you!
No, I saw those numbers, but I wasn’t very clear. What I was trying to say was that even though futures were up at around 2.5%, I didn’t consider that a strong indicator for how the markets would trade the next day given the broad swings we’ve been witnessing. In other words, I chose not to trust the futures.
I don’t trust the numbers today either, regardless of what it looks like at the opening bell. I think it’s a crap shoot. Everything can change mid-day with a tweet or a news article.
Sent from my iPhone using TSP Talk Forums
Scott Harrison
Senatobia, MS
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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