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Thread: Thank you Mr. G Fund!

  1. #1

    Join Date
    Nov 2008
    Location
    Virginia
    Posts
    49

    Default Thank you Mr. G Fund!

    Thank you baby Jesus for the G-fund!

    How much money have I lost in my retirement? NONE! THANK YOU!

    I may not be able to brag about only making 0.3% in the G but I can gloat about not loosing any money. I had my Mom move out of the other funds back in DECEMBER 2007!! She now says that I am her favorite and best son. You're welcome Mom! She still lost 10K in the month of December but not as much as everyone else around the office. Bonds never go negative folks.

    My retiremet is in the G, interest bearing FDIC bank accounts, I bonds and gold and silver coins. No worthless paper for me thank you very much.

    We are going into another depression. They have already dubbed it the GreatER Depression. Now Uncle Sam wants to nationalize your 401K. Then they will loot it like Argentina just did to their debt slaves (citizens).

    If you have some extra money and want to play the markets more power to you. But don't gamble with your retirement! Those who do get what they deserve.

    Jason


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  3. #2

    Talking Re: Thank you Mr. G Fund!

    First off, Welcome to Our Family.

    I'm sure many share your view on your last post. With that said, I became
    a member here because the mass majority feel the same way I do. That
    thare's money in them thare hills and risk is part of reward. I have the time
    and money to place some at risk. But cautiously based on my tolerance.
    I wish you luck in holding within the (G) and hope the market changes for
    us all. When that happens, you can sell that gold to the dentist who will
    be residing in the valley.

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  5. #3

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    58,232

    Default Re: Thank you Mr. G Fund!

    Good place to be right now rawiron1.
    Welcome to the Message Board
    Norman
    08/13/2019
    CRUDE Oil
    $57.16 +$2.17

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  7. #4

    Join Date
    May 2005
    Location
    Rocky Mountains
    Posts
    30

    Default Re: Thank you Mr. G Fund!

    It looks like to me that the G fund will provide only about 3% return this year but with oil likely to spike again close to $100 driving inflation out of sight, are you moving more and more into gold and silver?

  8.  
  9. #5

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    58,232

    Default Re: Thank you Mr. G Fund!

    Quote Originally Posted by logdoc View Post
    It looks like to me that the G fund will provide only about 3% return this year but with oil likely to spike again close to $100 driving inflation out of sight, are you moving more and more into gold and silver?
    Myself, I'm only invested in the TSP, but thinking about ETFs.
    08/13/2019
    CRUDE Oil
    $57.16 +$2.17

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  11. #6

    Join Date
    Dec 2005
    Location
    , Florida, USA
    Posts
    236

    Default Re: Thank you Mr. G Fund!

    Quote Originally Posted by nnuut View Post
    Myself, I'm only invested in the TSP, but thinking about ETFs.
    Personally, I prefer taking posession of bullion, rather than an 'electronic' transaction. This way I can turn around and sell it on Ebay for a nice premium (usually).

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  13. #7

    Default Re: Thank you Mr. G Fund!

    Over the long run (40 years) you will lose in the G fund as it wont even keep up with inflation.

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  15. #8

    Join Date
    Nov 2008
    Location
    Virginia
    Posts
    49

    Default Re: Thank you Mr. G Fund!

    I don't plan on staying in the G for 40 years. Just until this storm passes. I am not going to sit here throwing my money into a black hole while trying to convince myself that everything is happy go lucky. Ever read a financial publication? Investors go into treasuries and metals during times like these. In other words I do what the experts do (Bloomberg, Wall St. Journal, Lew Rockwell, etc., etc.) I'm 100% G and my "play money" is in FDIC insured accounts and gold and silver coins "on hand". When I see 2 consecutive quarters of positive growth in the markets and housing I will be back in. Even then it will only be 5% of my TSP.

    I think growing up they use to call this peer pressure. Everyone else was smoking therefor you had to do it too pressured by your friends to do it so that they would not feel as bad about doing something bad because hey "everyone is doing it". Right? Well, everyone loosing in the market wants their friends to loose to so that they themselves don't feel as bad about loosing everything. Hey, everybody lost money, now I don't feel as bad. LOL! Meanwhile I did not loose a dime and the ONLY debt I have at the moment is a reasonable mortgage payment and that's it! No credit cards or any of that junk. I get a mortgage bill in from Chase Home Finance once a month along with utilities and a car insurance bill from Nationwide.

    Jason

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  17. #9

    Join Date
    May 2005
    Location
    Rocky Mountains
    Posts
    30

    Default Re: Thank you Mr. G Fund!

    Part of my investment has always had a conservative component. Now that is all there is in my TSP except for 10% crazy money in C,S, and I. In the mid 90's I was buying I Bonds and still have a few hundred of them in the safety deposit box. Those bonds now seem like real winners. For example many of the >9 year old bonds have a yield of
    >6.5% and with no state tax on interest that doesn't look too bad in this environment. Those bonds have gone up in value about 50%.
    With the G fund yielding a penny every 7 days +/- the I bonds still look attractive even with the penalties of withdrawls before 5 years.


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  19. #10

    Join Date
    Jul 2007
    Location
    Europe
    Posts
    7,844
    Blog Entries
    279

    Default Re: Thank you Mr. G Fund!

    I'm sorry folks, but the G-Fund is darn near worthless in this economy. It's making .0007-.0008 cents a day which takes 12-13 days to make a penny. At this point, that money would be safer tucked under my mattress. Anyone agree with me?

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  21. #11

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,940

    Default Re: Thank you Mr. G Fund!

    Quote Originally Posted by JTH View Post
    I'm sorry folks, but the G-Fund is darn near worthless in this economy. It's making .0007-.0008 cents a day which takes 12-13 days to make a penny. At this point, that money would be safer tucked under my mattress. Anyone agree with me?
    DEPENDS

    Does your mattress pay a better dividend? I mean does Sealy give you one percent a month? Does Serta pay two percent?

    I am in protection mode. I am not near retirement however I'm not ready to keep things out there if it is not beneficial. Losing money to spite my retirement doesn't make sense either. If being in the "G" means the 6 figures I have in there is still 6 figures instead of 5 figures if left in the other funds the last 12 months, then the G fund makes great sense to me!

    Everyone's risk is determined on their goals.
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

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  23. #12

    Join Date
    Jul 2008
    Location
    Washington, DC
    Posts
    192

    Default Re: Thank you Mr. G Fund!

    I have learned for the rest of my life not to invest in C, S, or I in (early) January during a Bear market.

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