Thread: rangerray's Account Talk

Originally Posted by rangerray

I’ve gotten caught in this two-day upswing.

Well timed trade. Congrats!

Originally Posted by bmneveu

Well timed trade. Congrats!

You gotta bask in the glow while it lasts. Who knows about tomorrow?

Originally Posted by rangerray

You gotta bask in the glow while it lasts. Who knows about tomorrow?

Futures are lookin good, looks like some follow through to come?

So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.

Originally Posted by rangerray

So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.

I can second that! I’ve been (mostly) languishing in the G Fund except for a few occasions of jumping in at 50% since I’m planning on going December 31st. I made the jump to S at 50 last week at the wrong time and promptly lost 8%. Screamed at myself for moving and losing so much then got past the mental block of “Man it’s gone!” and realized that just because I’m retiring in 6 months doesn’t mean I can’t stay in the TSP and eventually make it back again......maybe?!

Originally Posted by rangerray

I’ve gotten caught in this two-day upswing.


Sent from my iPhone using TSP Talk Forums

Me too. Except I was in the 10% downturn last week.

Originally Posted by rangerray

So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.

I've stayed aggressive since I retired in 2012. Retired CSRS so I figured why not chance it. I've been burned a few times.

I was planning to reduce exposure today (a bird in the hand), but now the news has gotten my to second guessing my plan"

-Momentum seems to be hitting on all 8 cylinders again

-The infrastructure spending package to the tune of $1 trillion seems to be well received

-Apparently there's a potential therapeutic for patients with severe COVID-19 symptoms that seems promising

-US retail sales were apparently much better than expected in May

-Jerome Powell hasn't said anything to spook the market yet

Oh, wow. geez...did Powell just say something? Thinking now about sticking with my original plan. What does the afternoon hold?

I don't think he is helping the markets as much as the news about the therapeutic and the retail sales today pushed it up earlier in the day. Some of the pull back may be due to him speaking idk. I'm in the same boat trying to decide to move some or all back to G. I'm 100% S right now. If we can move more near that 3150 mark on the S&P I might stand pat.

Originally Posted by LTJPFED

I don't think he is helping the markets as much as the news about the therapeutic and the retail sales today pushed it up earlier in the day. Some of the pull back may be due to him speaking idk. I'm in the same boat trying to decide to move some or all back to G. I'm 100% S right now. If we can move more near that 3150 mark on the S&P I might stand pat.

Yea, but, it's a guess because if that happens we likely won't know until after the deadline is passed. I hate the noon cutoff.

Unless something changes, I'm going to go 25% S from 100% S today. This volatility is killing me and I really need some good news.