BIGGDOG ACCOUNT TALK

[Birchtree]

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My thinking is that if you buy an annuity from an insurance company for a fixed retrurn, all trading is complete. If you set up your own monthly withdrawal plan then money will be subtracted from the G fund - the other funds should remain intact for further potential gains. You don't have to do anything until you are 71 at which time they will develope a required minimal distribution plan and start sending your your funds so you pay your taxes. As long as you keep a balance in the G fund that is liquid - the other funds are available to be traded. You will have to annuitise your defined pension which takes you out of the loop. You just have to live long enough to exercise all the benefits - that would make you 102 - good luck.

Dennis

 

[biggdog1]

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First time I totally took everything out of the G-Fund. My Majik 8 Ball says Tom's gonna be :^for a few days.Odie says to get a little aggressive ( He needs new toys ).Jury duty looks like it might be a 4-5 Week deal. LOL everyone/Good trading.

 

[Birchtree]

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Biggdog1,

If this market continues with the present mini sell off you are in for good prices. However, this feels like an intra-day low that is setting up for a nice rally for the rest of the day. Why would a decline in existing home sales take the wind out of the market, we are still at record levels. Besides AG wants to see housing slow down, which it is finally starting to do - this will be a long process. Oil is even starting to back off some today, the long bond is pricing higher to give us lower long term rates.

Go to jury duty and try not to worry - we have an extensive upside on the way - and if it happens you go for the ride - don't forget to adjust your contributions selections. The only one who will be LOL will be you looking down from higher levels.

Dennis

 

[biggdog1]

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Your sage advice overwhelms me. I am humbled. Hope you are right, Odie needs that new bag of bones now !!! I have never completelydumped out of the G-Fund.

 

[biggdog1]

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D E A L M E O U T !!!I'M GOING BACK TO G - FUND.THIS MARKET IS TAKING TOO MANY HITS FROM OIL. HAWAII PUT A $2.15 CAP ON REGULAR GASTODAY. WHAT'S THAT TELL YOU!!!I'M TIRED OF LOSING MY WHOLE PAYROLL ALLOTMENT + BEFORE THE END OF A WEEK. I'M GOING TO WAIT UNTIL I SEE 4 OR MORE DAYS OF :}. IT DOSEN'T TAKE AN :dah:TO SEE THIS IS GOING LAST UNTIL THE OIL BUBBLE POPS. LOL TO EVERYONE HANGIN' IN.

 

[biggdog1]

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Still hangin' G - Fund for Monday :zz. WHEW !!! Didn't get selected for Jury. Kind of glad. The "Alledged" was facing 3 Murder :shock:, 2 Attempted Murder :shock:, Assualt :shock:, Witness Tampering :shock:, Drug Possession :shock:, Trafficing with intent to sell:shock:, Syndication :shock:And last but not least either being a Blood/Crip member :shock::shock::shock:. I'm glad I didn't have to decide this young man's fate.

 

[biggdog1]

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MAJIK 8-BALL says to run and hide right now. Crude is now over $70.00 a barrel ( Could go as high as $75.00 by the end of the week! ). KATRINA is only going to make matters worse. European and Asian markets are also taking hits. If you want to "buy in" cheap, this is the week to do it. That's if you can do an IFT :#. Last time a majorstorm passed through N.O. the TSP office shut down for 2-3 days,otherwise wait until Thursday or Friday to see if it's going to last into the first week of September. If you live in N.O. I pray thatyou and yours will be okay. May GOD bless. Wait until those Saudiwells dry up in November !!! :end:

 

[biggdog1]

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Okay it wasn't quiet as bad as predicted. Katrina is now heading up to Kentucky now so we will get a lot of rain, wind and flooding. Market sure took a change for the day. I had watched it all night Sunday and it didn't look good.Who knows how this will come out.Guess I need a new MAJIK 8 BALL. Got back in to the funds today for Wednesday. I hope it holds out. LOL for those in N. O.

 

[Birchtree]

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Good to see you back in the investment game - slow down next time so Bambi can stay up - we're all a little older you know. You don't need luck, only patience.

Dennis

 

[biggdog1]

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Thanks for the support. I hate being so wishy-washy about investing right now, it's just that I dislike losing money. I guess Bambi and I should eat some Wheaties to get some courage to stay. I've been watching a certain4-5 TSPTALKmembers IFT's and using my MAJIK 8 BALL I've been ableto miss most of the bad days until August arrived. It's time for the market to realize that the price of oil is not going back down to$40.00 and get on with growth.Here's a pic of Bambi only she's 13 years old and doesn't show her gray.

 

[biggdog1]

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We have only one more day trading for the month of August. Who would have thought that the G and F funds would have out-preformed the C and S. To date:

G - Fund 0.37%

F - Fund 0.94%

C - Fund -1.88%

S - Fund -2.58%

I - Fund 1.20%

I think I'll stay where I'm at now until next week. Might retreat back to the G and F fundslate next week. There will possibly bea lot of mortgage defaults inthe storm beaten South in the next year and could it could be the start of the housing bubble pop. I think the Nation's economy is going to be very hard pressed for the next 12 months.HA ! HA ! Steve Forbes says Crude might retreat back to $35.00 a barrel within a year. Tell me if he's not in la-la land. Maybe in 50 years when crude is not the only fuel source. Unleaded gas is now $3.00 a gallon here in Derbytown, lets get ready for the ride. Let us all pray for those down South, I'm afraid Katrina is going to hurt us all in our own way. GOD Bless.

 

[biggdog1]

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Well it took the last day of August to push me into the black. It's sad to make money at someone elses misery. G and F funds still out preformed C and S for the month. I fund wasthe :dude:. I still believe what I wrote earlier. Unleaded rose to $3.10 a gallon here in Derbytown with prospects of another .70 cent increase due by the end of next week. If this keeps up I don't know if I'll be able to retire come May06. I only budgeted $100.00 a month in retirement for gas costs. Maybe I'll get me a HOVERROUND electric scooter. Still holding to my last IFT post and will wait for next weeks news. LOL to everyone. Pray for those down South.

 

[Spaf]

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Biggdog1,

I'm a getting me one of these things. Every one retired has one (of some sorts) where I live.

Don't give up Ur retirement. It's a neat time.......You deserve it!!!!!

 

[biggdog1]

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Are they street legal? Who cares, I'm ridin'. I can put Bambi in the back and we can collect aluminum cans.

 

[biggdog1]

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Well Mr. Bush says this is not acceptable. Gas and crude prices are falling. I guess the gouging is done. Expect a draw back next week. I - Fund still looks good as of now. Shifted a little out of stox. I suspect we'll get our G - Fund penny Wednesday.Wish everyone a safe and happy Labor Day ( I'll be workin' all of it ).

 

[Rolo]

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I guess I'll have to make better trades to afford my retirement vehicle!

1936 Terraplane Custom

 

[biggdog1]

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Pretty in Pink !!!

 

[biggdog1]

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Had a change of heart and changed my IFT entered for 09/07/05. I-Fund not looking too good for Wednesday. Still expecting a little drawback this week. Waiting for Wednesday's G-fund penny. Hope everyone had a nice Labor Day. A fellow worker's daughter (FDA)is down in N.O.,La. said the military is taking control and everything is looking a little better. Does anyone think more National Guard will be coming back from Iraq?

 

[biggdog1]

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Thank you MAJIK 8 BALL. Missed on the G-Fund, we got our penny today.

 

[biggdog1]

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We're still making money. Still expect that drawback. Market can't rise like it hassince the end of August without some giveback. Bought Bambi and Odie some new toys with what I've made in the last week. Gas is falling here in Derbytown. We might be getting a new arena for the taxpayers. I think Greenspan might pause and let his successor deal with interest rates next year. Katrina might stall the Fed. LOL, Good trading.