weatherweenie
TSP Legend
- Reaction score
- 105
Here's hopin we don't get a -FV on top of the FVC.
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Or you can now use TapaTalk again!350Z's I Fund Thread - Sept. 07
- Thread starter 350zCommTech
- Start date
- Status
Here's hopin we don't get a -FV on top of the FVC.
Nimrod1193
Market Tracker
- Reaction score
- 4
I have a question Ebb. Since it appears that in your tracker Thursday (I assume the second Wednesday is a typo) is showing Pattern 8 again, why didn't you go for the contrarian move? Is it because the previous day indicated down? Just curious.
12%ayear
Market Veteran
- Reaction score
- 30
That is the only way brother!!! Still not bad after yesterdays gain down( .75). Very Obtainable!!If you're going to dream, dream big.
Thxs ebbnflow!!!
I never jump into the market unless you are, though I dont always follow due to fear.
Also I never buy a market when you are out !!!
I hope your program never becomes a pay service and have spread the word among employees at work you are there hero!!
Thxs for all your hard work , I really mean that , thxs
Draggen3Last edited:
12%ayear
Market Veteran
- Reaction score
- 30
IMO, there should be a donation type box set-up for EBBY and Tom. I have seen many people who provide a free service with that donation box set-up through Paypal. That way, anyone who feels like throwing him something, can. When I say donate, I do not mean to come across like EBBYand Tom need money, but a form of respect or tribute is deserved. That is what PAYPAL calls it, a donation box. The guys deserves it and Tom does also. It costs money and time to run the site. Many financial sites charge a monthly fee, this is nice for people who need help. But, if they charge, it is well-justified. It is like drinking free milk, but the farmer does all the work. Not fair for the farmer..in this case..Ebby and Tom. I tend to trade on my own, but many need help. Nothing wrong with that. One thing though, the sites should be free for people like myself, 350z,and many others who post here allday and provide a service.
James48843
TSP Talk Royalty
- Reaction score
- 570
Ebb- can you set up a paypal button on your ebbchart page for this week's "tips"?
Thanks
(p.s.-Ebb= I read the commentary every day! THANKS! )Last edited:
12%ayear
Market Veteran
- Reaction score
- 30
There are a ton of financial web sites that charge a ton of money and returns are bad. This site brings in many views and advise. Besides EBBY, Tom should also charge a fee. Think about it, there are some people who work for the government and just click TSP.COM, to get the free play. IMO...you want the play...you pay. Nothing is free.Tom is too nice.
MR_BOOOOM
Market Tracker
- Reaction score
- 0
Dang, I was afraid of this -- nobody reads my commentary! Nimrod1193, maybe you need to refresh the page (F5). I explained it all on today's commentary.
Ebb - I read your commentary today and perfectly understand why you didn't go contrarian mode on us.
Then again, am I the "nobody" you were referring to ?
MR_BOOOOM
Market Tracker
- Reaction score
- 0
I went from 100% F to 50/25/25 F,C,S.
Good move or bad move ? I am looking for the buying oppurtunity that is presenting itself for tomorrow or for the rate cut to happen. If the usm's open tomorrow down 100 or so points, will the Fed step in like they did 3 weeks ago ? I don't want to be on the sidelines.
Positive thinking...
I think we should pay Ebby before the major mutual fund companies buy him out. Think about it, he is beating the S&P by almost 4 fold, maybe more than 4 fold after today. When I read the money magazines I always see the major players comparing themselves to the S&P as a benchmark, most brag about a 2 or 3% outperform. If we don't pay Ebby Goldman Sachs will!!!!
350zCommTech
TSP Legend
- Reaction score
- 71
Alright, enough is enough.
Moderator, please move Ebb's fee/no fee discussions to it's proper thread.
Thanks.
Nimrod1193
Market Tracker
- Reaction score
- 4
Dang, I was afraid of this -- nobody reads my commentary! Nimrod1193, maybe you need to refresh the page (F5). I explained it all on today's commentary.
I read your commentary Ebb; for some reason my browser wouldn't automatically refresh and I was still reading yesterday's update. Thanks.
nnuut
Moderator | TSP Talk Royalty
- Reaction score
- 210
Hey 12% you can borrow mine if you're bleeding! Happens all the time!350z, I may have to borrow your Avitar after today>..lol....
12%ayear
Market Veteran
- Reaction score
- 30
Part of doing business..Take the good with the bad. Today my baseball team got crushed, however;we will brush ourselves off and play the next game.Hey 12% you can borrow mine if you're bleeding! Happens all the time!
12%ayear
Market Veteran
- Reaction score
- 30
VERY BAD NEWS..read from Washington Times... http://washingtontimes.com/article/20070904/NATION06/109040043/1008 TSP officials eye limits on trades
Many financial analysts, including Vanguard founder John C. Bogle, consider the federal Thrift Savings Plan to be the best 401(k) anywhere.
The huge TSP is worth more than $200 billion. Most working feds, many retirees and active and retired military people count on the program for a substantial chunk of their retirement income. The TSP is considered a best buy for several reasons:
The administrative fees, or charges to manage your account, are the lowest in the business by a wide margin.
Most TSP investors — everyone under the FERS retirement system — are eligible for a matching contribution of up to 5 percent after putting in 5 percent or more of their salary. Even FERS employees who contribute nothing have accounts into which the government contributes the equivalent of 1 percent of their salary. Those matching contributions, whether 1 percent, 2 percent or 5 percent, are equivalent to a tax-deferred pay raise.
The rate of super-safe Treasury securities G Fund is set and guaranteed by the government. The fund is available only to civilian and military investors in the TSP.
Numerous people — many of them former highly paid lawyers turned federal judges — switched substantial money from their individual retirement accounts, 401(k) plans and other tax-deferred programs into the TSP. They realize the TSP is a better, safer, less-expensive investment vehicle. Many of them now have million-dollar TSP accounts.
The program receives annual oversight from Congress to the Labor Department and the General Accountability Office. Many members of Congress and their staffers have their retirement nest eggs in the TSP, along with generals, admirals, astronauts, federal law-enforcement personnel and rank-and-file civil servants.
So, if the TSP is so great, why is it studying private-sector 401(k) plans looking for improvement
One reason is that the ups and downs of the stock market since February have many TSP investors jumping in and out of their stock-indexed funds — particularly the international-indexed I Fund — and into and out of the safety of the Treasury securities G Fund. Because of the way the TSP's interfund transfer system is set up, investors can't day trade, making instant transfers. But they can participate in what amounts to next-day trading, which can produce even more surprises in a market that can lose or gain 200 points in a matter of hours.
As Bethesda-based financial planner Dennis Gurtz said, people who attempt to time the market, or guess when it has peaked and tanked, "have to be right twice: when they go out and when they return." He said being out of the market on just 10 or 12 key days can reduce the overall return for that year.
In March, roughly 35,000 TSP investors moved about $1.7 billion from the stock index funds — mostly the I Fund — into the Treasury securities or bond funds. TSP officials said they "discourage active trading" because the TSP is a long-term investment.
At the same time that a small percentage of investors are into "active" trading, nearly a half-million investors in the TSP's Lifecycle funds are doing the opposite. Lifecycle funds base their constantly changing mix of stocks, bonds and the G Fund based on target dates. Those dates, like the year 2020 or 2040, are when investors anticipate they will begin tapping their TSP accounts. Those target dates are often later, in some cases much later, than the date of retirement. As the value of stocks drops, the target L funds buy more shares to maintain the proper target percentage value in their particular L fund. When stocks go up, they sell shares to maintain the target balance. Those funds are adjusted automatically every day.
Investors who make frequent trades do not have to pay any higher fees than those who seldom, if ever, make changes. The question facing TSP officials is whether to charge active trades, and if so, how much. They are looking at successful private-sector 401(k) plans to see what they do. Do they have limits on the number of interfund transfers that can be made? Do they have an absolute limit on the number or timing of trades, or do they charge extra when an investor goes over the company 401(k) plan limit? If so, what is a reasonable limit, and a reasonable charge that will apply to active traders, not the total TSP investor population?
The answers won't be available for some time. But for investors both active and passive, they need to be asked — and answered.- Status
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