12%ayear's Account Talk

[wht00ss]

I decided to give the buy-n-hold strategy a try again. I wanted to see if the time savings vs. the money earned would make me a believer. I guess it's also like throwing darts. I must have picked the wrong time to try it.

I feel like I've got to hold now. I need to see how long it takes me to get my 7K back.


AIF

don't feel bad I'm down 22k

white

 

[12%ayear]

Next week, we have the FED and tomorrow the job report. I will stay fully invested in the S Fund. I strongly feel, like I mentioned before that this August will be a great month. The small-caps are lagging big-time and are down 6%-7%in about 2 weeks. Everyone is so negative and I find that to be a postive. Remember, the FED will say that the sub-prime is not as bad as the public thinks. This will set off fireworks and a more dovish tone will help. The FED knows that if they not want to cut rates, they have to please the public with postive statements and the sub-prime postive spin is more important more than the cut!!! I am looking for 14700-15200 by the end of the year.

 

[ATCJeff]

don't feel bad I'm down 22k

white

I lost a little over 40K...

 

[WIND_HUNTER]

I lost a little over 40K...

Geez! I would be jumping out a window, or off my boat.LOL...

 

[Tempest]

I'm somewhere between White and that ATC guy.

 

[GUCHI]

I'm Out 7 K And Its Killin Me !!!! I Guess Its All Relative.

Gl All

 

[Tempest]

FWIW I expect this volitility to be around through August. It can't be stressed enough -if you want to make money you have to accept some pain.

 

[12%ayear]

losing any form of capital from 10 bucks to 40 grand sucks. That my dear friends is the nature of the beast. However; what is important is the long-term and cashing out stage. Like a great baseball team, you will lose some games, but in the end you have a winning record.

 

[JTH]

Well I'm glad you guys shared your losses with me. That helps me put things into perspective. Next time I think about my lose, I'll make a point to remember there is always someone out there who took a bigger hit then me.

Now I'm going back to "Shut up & color mode"

 

[Tempest]

However; what is important is the long-term and cashing out stage.

That's it in a nutshell.

 

[Tempest]

One last thought-I lost some money-but I did not lose any shares. Someone wants those shares and they will do anything to get them.
Birchtree said it best-"Bull Markets do not like company."


Think about it. And think about the last 30 minutes of yesterdays market.

 

[ATCJeff]

I lost a little over 40K...

My balance got knocked back to middle May time frame...

 

[12%ayear]

the market the last three days opens at 3:30,the last half-hour

 

[12%ayear]

I lost a little over 40K...

you mean in you personal account not your TSP? at a 5% correction, that means you would have $800,000 in your TSP account

 

[ATCJeff]

you mean in you personal account not your TSP? at a 5% correction, that means you would have $800,000 in your TSP account

no TSP, and I lost about 6%. I was close to 700.

 

[Griffin]

I believe that makes the Pirate Ship bigger then the Tug Boat. Congrats! It's nice that you don't brag about your gains.

no TSP, and I lost about 6%. I was close to 700.

 

[Birchtree]

Ah pain - the universal communicator.

 

[ATCJeff]

I believe that makes the Pirate Ship bigger then the Tug Boat. Congrats! It's nice that you don't brag about your gains.

Thanks. I am just lucky that my parents taught me the value of saving. I can remember the days when I was putting away 10% and had to watch my spending.

The one thing I tell all the new people that are starting their ATC careers is to put as much into their 401K as possible. Compounding is the key!

I just wish we could have put in the IRS max for 401K's back in 87 when I started my Gov't job.

Somebody ought to figure out how much that cost us over the long term.

 

[12%ayear]

Thanks. I am just lucky that my parents taught me the value of saving. I can remember the days when I was putting away 10% and had to watch my spending.

The one thing I tell all the new people that are starting their ATC careers is to put as much into their 401K as possible. Compounding is the key!

I just wish we could have put in the IRS max for 401K's back in 87 when I started my Gov't job.

Somebody ought to figure out how much that cost us over the long term.

great parents, btw what is ATC stand for? ty

 

[nnuut]

ATC = Attain The Cash!