12%ayear's Account Talk

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I have a feeling we will sell-off this afternoon causing a -fv, in the I Fund. With the Terrorist talk going on. Profit-taking time for MMs.(money managers) I think you will see a triple digit loss today!!!
 
tsptalk said:
With the Dow currently up 40+, that is a bold prediction 12%. I'd be quite impressed if you were right.
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12%... I wouldn't wish ANYONE bad luck here on TSPTalk, but for this one time, I hope you are wrong and today closes in the GREEN!!! I'm following Ebb out of the market for tomorrow. There have been too many times in the past when I have NOT followed the Ebbtracker and have been sorry. Good luck to all!!! :cheesy:
 
And... your avatar does not inspire confidence or trust. (evil clown on bike) makes me what to wish you are wrong.:worried::D

running for cover ( I just know I'm going to have a nightmare tonight:))

M.

someone who couldn't get through the first 30 pages of Stephan King's IT without throwing the book behind others on the bookshelf. It's the only book I never finished:embarrest:
 
USNAVYRETIRED said:
12%... I wouldn't wish ANYONE bad luck here on TSPTalk, but for this one time, I hope you are wrong and today closes in the GREEN!!! I'm following Ebb out of the market for tomorrow. There have been too many times in the past when I have NOT followed the Ebbtracker and have been sorry. Good luck to all!!! :cheesy:
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No, I never wish bad luck upon anyone. If you notice I am in the S fUND TODAY.
 
40 minutes to go. I was wrong today,thought we would sell-off. However;on the bright side, the S Fund is green. Also tomorrow, we will benefit from this. FTSE-.58,DAX-.83,NIKKEI-.12,and CAC -.43. All closed red. As far as fv on the I Fund, I doubt it. The yen is getting whacked -.39. I do not see Barclay giving a fv today. We will get a nice pop tomorrow in the I Fund.
 
Can't win them all. I would have had to buy you lunch or something if that one panned out.
 
USNAVYRETIRED said:
12%... It wasn't a total bust, the S fund made a penny! LOL!!! ;)
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Hey, we were in the winning fund lol... I think the closeout for the S fund will be even, no payout. The sell-off started a tad too late. I rather make the money than a loss. However;I did think we would tank, today with all the cheerleading about 14000. Tonight will be good for the OSMs.Looking to lock profits tomorrow and go into the G for the penny. A penny earned is a penny saved!!! Btw ...for you Navyman
..........USNAVYRETIRED!!!!
 
Well, Intel and Yhoo are selling off. Hopefully, they will shake it off tonight!! QQQQs are down after-hours.
 
12%ayear said:
Hey, we were in the winning fund lol... I think the closeout for the S fund will be even, no payout. A penny earned is a penny saved!!! Btw ...for you Navyman
..........USNAVYRETIRED!!!!
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12%!

According to Jayhawler's TSPLookup, the S fund was up $.01 for the day! Like you said, we were in the ONLY winning fund. I bailed out to the G fund for tomorrow. I've been doing pretty good lately and I don't want to give any back!!!

That penny makes me feel so much more comfortable (warm & fuzzy) with my TSP balance just before going into retirement.

44 DAYS!
 
USNAVYRETIRED said:
That penny makes me feel so much more comfortable (warm & fuzzy) with my TSP balance just before going into retirement.
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We have 3 people retiring this year, so I pose the question:
Which are you doing?
a) taking a one time payment from TSP
b) purchasing an annuity
c) part a&b
d) none of the above / none of your business

This seems to be a serious debate at the office with the pros/cons. just thought I'd enquire, because, "Enquiring minds want to know!"
 
Frixxxx said:
We have 3 people retiring this year, so I pose the question:
Which are you doing?
a) taking a one time payment from TSP
b) purchasing an annuity
c) part a&b
d) none of the above / none of your business

This seems to be a serious debate at the office with the pros/cons. just thought I'd enquire, because, "Enquiring minds want to know!"
Click to expand...
I am retiring in less than one year, and as of right now, I am going to take equal monthly payments roughly equal to the interest it produces based on the L income fund. An annuity is out of the quesiton for me. You lose total control of your money.
 
annuities are a total scam. They controlon your money and you get screwed in the end. The best thing to do is managed it yourself.
 
Frixxxx said:
We have 3 people retiring this year, so I pose the question:
Which are you doing?
a) taking a one time payment from TSP
b) purchasing an annuity
c) part a&b
d) none of the above / none of your business

This seems to be a serious debate at the office with the pros/cons. just thought I'd enquire, because, "Enquiring minds want to know!"
Click to expand...

Frixxxx... You forgot, e) do nothing and leave it in the TSP so I can continue to move some of it around and try to get more than the 5% in the G fund.
I am NOT purchasing an annuity. (They are betting you're going to die soon and you're betting you're not.) I'm going to LIVE!!!
I may move some out to an IRA if I can find something that has a safe harbor like the G fund but I can still control the funds the way I want to and the fees are reasonable.
I've been thinking about this a lot and not just for myself, but for my survivors after the inevetable happens. There are a lot of options even after you are retired. 44 days from now I'll have pleanty of do some research and find out all I can. You don't HAVE to do anything right away. :cheesy:
 
Although the markets opened up down, I would not be surpised to see buying come in. The I Fund is currently down.70%. Today would be a great day to bounce back and hit a+fv this afternoon. Patience and guts!!
 
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