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Or you can now use TapaTalk again!Birchtree's Account Talk
- Thread starter Birchtree
- Start date
Birchtree
TSP Talk Royalty
- Reaction score
- 143
JTH,
Just trying for a little longer term diversification. But I make the sacrifice because I want the dividend income to reinvest. September will be a big month for dividends so some give back until then will be beneficial. There is always a silver linning somewhere. I could cut some and run but I don't want any more profits to declare this year. You made a good move getting out from under the S fund - so what's happening in the Roth?
Birchtree
TSP Talk Royalty
- Reaction score
- 143
CapeChem.
I'd concentrate on the DCA accumulation during this period of volatility - it's going to be the number of shares that will provide outsize gains as you grow older. I take a longer term view so these setbacks don't derail my strategy. Our friend Coolhand went to the lily pad and that will hurt getting out COB if we don't have any rally before the close. This over reaction nonsense will shake a few out of the fast lane and allow the turtles like me to move up when the next bull leg starts up. At least that's the plan.
JTH
TSP Legend
- Reaction score
- 789
Just so we are clear Mr Long!!! If TSP paid dividends, I'd stay invested. As for the ROTH, I Cashed out of equidies last week and Gold too. I'm slowly building a position in gold on the way down. If we continue the decline from here, I'm going to have to raise some serious cash so I can get some great deals out there. Last March 2009 was a once in a lifetime opportunity, if it comes again I won't be passing it up.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
When you invest monthly with payroll - that's essentially like a dividend reinvestment. And if you did it on a bi-weekly basis that's golden. I own 15 ounces of gold coins that I bought over twenty years ago at around $800 which at that time was the market peak - time has a way of making all wrongs right. Don't you think some energy plays with good dividend payouts would be a good investment in a Roth?
Birchtree
TSP Talk Royalty
- Reaction score
- 143
Well we're heading even lower and all I can think is: I fell into a burning ring of fire, going lower as the flames went higher. OK, turn me into toast - I really don't care. My escape strategy is available but without a little rain there would be no green. I have a knack of surviving. Snort. Hedge funds and the quants need to start buying and today is a perfect day to do it.
Warrenlm
TSP Legend
- Reaction score
- 93
Volume is unusually low for a down day, ^VIX rose, but not above the 20 and 50 EMAs there. I am expecting a ~ 0.3% drop in my return; you - however, will take a slap of -3%, ending your reign of terror above me at a mere 13 biz days. I have a pretty good hope that the job numbers will come in line, which might mean stability, or even a rise - tomorrow.......I had thought about doubling down, but.....didn't pull the trigger. If you've been watching the IFT's, few others did.
In short, this is anyone's guess; a hold above 1,090 at the close would be the best to hope for - a late selloff plus a big miss on the claims tomorrow (both together unlikely) - could mean a very dark rest of the week.
Steadygain
TSP Elite
- Reaction score
- 45
Leaders must be ever vigilant against showing any doubt.
There is 'no doubt' when you consider the overall picture.
A foundation has to be formed and it's been a good while. So the up days have to be followed by days like this. There is a lot of fine tuning and steel reinforcements that have to be layed and weaved over and over.
This BULL is much heavier than previous ones and we have so choice but to sit back - smoke a hand rolled cuban cigar and toast one another occasionally.
crws
TSP Pro
- Reaction score
- 20
You two crack me up. :nuts:
If the dust doesn't settle tomorrow, you'll be in negatory. Boy, that +5% disappeared in a heartbeat, didn't it? Did you see that coming today; I sure as heck didn't.
Anyhoo, we'll within 2% of each other when today's rankings are posted.
JTH
TSP Legend
- Reaction score
- 789
Love energy stocks, I currently have a watch list setup, I'm just waiting for prices to fall inline.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
JTH.
You are being gracious about your move to #73 but you probably realize you are not safe from the hoofs. I'm at #161 now but would plan to be back to 5% by the end of next week - this rebound from the fear and panic selloff my spin heads. The lesson for many is that when you play this game you have to be strong enough to absorb the hits that seem to keep coming. This is an institutional market with a lot of young managers that act like Palladin with their hair triggers. And they won't make money unless they return to equities.
Today is going to be my planting day for my fall and winter garden. I'm putting in corn, pole beans, bush beans, carrots. I have two tomato plants already going and I may put in two cucumbers. Nothing elaborate - this will keep me busy enough.
JTH
TSP Legend
- Reaction score
- 789
I've heard folks in the past say the market was under vauled and I disagree with this assesment.
From my blog 2010 Market Expectations I have to admit I'm not overly optimistic about 2010's market. Based on previous Bear markets my expectations are the S&P 500 will trade between Fibonacci's 1020-1230. Still, although I expect a side-ways market, that doesn't mean there isn't a lot of money to be made with just a few well-timed IFTs.
I think I've been pretty darn accurate thus far this year, as the trading range has been 1010.91-1219.80 As for my timing, my defense has been great, but I still have much work to do with my offense...
alevin
Market Veteran
- Reaction score
- 97
Birchie, I haven't planted a fall garden before, but will try it this year. I have some space that didn't get planted this spring-or where the plantings didn't survive. Mine will be lettuces and spinach and kale and things like that. I might try for some carrots, they can overwinter. I still have to finish building some cold frames, I got the materials last fall. My (early-summer planted) beans and squash and tomatoes and sunflowers aren't producing or not ripe yet, but the herbs and hot peppers and cukes are doing well and keeping me busy, and I'm letting the snowpeas go to seed for next year's crop.
I'm learning all kinds of non-pickle recipes for using the pickling cukes. my first time growing. I learn something new every day.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
It all sounds delicious. I just came in from being out about 1/2 hour - sweating for love - because it's hot. But if I don't plant now time will run out on me like last year when we'll get at least one freeze. The carrots will enjoy cooler winter weather - I did find out that snakes also like carrots - so caution is the word when pulling them.Ostrich symptoms?
Every piece of information is worth something. What this means, is that when the market turns, there is a component of investors that do more than ignore it, they just think about something else.
Well - lotsa luck trying to catch JTH, to a lessor extent me, and especially the leaders - some of which like IntrepidInvestor and Love-to-Bike - who are going pretty much all in at the end of this week.
Making no moves is an ostrich, head in the sand, symptom. Both for those on the lilly pad - and those like you who are all in. C'mon - use those IFT's. Do something more than buy and hold. Nothing ventured, nothing gained; all in since 1997 means nothing gained; not one dime. At least G-fund does better than that.Similar threads
