amoeba's Account Talk

[amoeba]

With two trading days left it doesn't look like I'm gonna make it; don't think I beat G-fund for 3 consecutive days all month; I tried; dammitall.

It was actually 4 days...more than a week ago, feel stuck in goo....I'm about where I was January 20. Only ostriches will be in stocks at the close Monday.

 

[dannyboy]

I see a lot of moves posted that violate the (2 moves per month) rule.

 

[nasa1974]

I see a lot of moves posted that violate the (2 moves per month) rule.

After your 2 IFT's per month you are allowed as many moves to the "G" fund as you have funds available and only the "G" fund.
Example: On March 1st you are 100% "C" fund and on the 5th, you decide to go 50/50 "C" "S" (1st IFT). On the 15th you decide you want to move 20% to the "G" fund (2nd IFT) and your new allocation is 20% "G", 40% "C" & 40% "S". Now you are allowed to make as many IFT's as you would like from the "C" fund or "S" fund or both as long as it is ONLY to the "G" fund.

 

[tsptalk]

I see a lot of moves posted that violate the (2 moves per month) rule.

You're right. Ironically, you (dannyboy), not amoeba, were one of the three accounts with an invalid IFT this month.

The others were, as nasa said, only increasing the G-fund on #3 or more.



All this means is that these accounts are not eligible for a prize in this month's (March) contest, nor the end of year finals contest. I usually catch it when giving out the prizes, although I may have missed one or two over the years.

 

[amoeba]

With two trading days left it doesn't look like I'm gonna make it; don't think I beat G-fund for 3 consecutive days all month; I tried; dammitall.

Closed March ahead of the G-fund after all (0.44%, catching it on 3/31/2025, although I had caught it previously on 3/20/2025 before P-ing it away). I will lower my goal further for April to being non-negative (>0.0%). Obviously I would like to do better, but these are difficult times.

This week is a complete toss up. At least for me. As of now, POTUS has made clear - or making us think he has - that there is a tariff plan with details to be released at some yet-to-be-disclosed time on April 2 (I will guess during market hours, won't that be awesome?). And - - - far be it for me to speculate - - - but there's no market indication of a leak as to what it may entail.....could....be....anything (country by country, but there are some big ones, and neighbors).

Then payrolls Friday; should be weak...

Earlier this month, my Wells Fargo FA allowed clients to listen in on their March 11 volatility call (they hold these 2X weekly, internally); which was interesting....5,500 was seen as a reasonable buy in for a positive return within 3-6 months...but not necessarily "the" low....leaning more towards 5,200-5300 or, get this: 4,900. The comparison was extremes over the last 2-3 years (not counting Covid). And....the declines to come from both ends (megaCaps and small caps); with lessor impact in the midCap space (that being also the best place for new money). Specific stocks were not disclosed; buys/sells are in the monthly statements - which I read once a year (tax time).