Birchtree's Account Talk

Sort by newest Sort by date
Just wanted to tell you how much I love and appreciate everything you do here, you are a TSP treasure :)
 
One has to stay on guard for the final phase of this bull market - it could be several years away. But there will come a time when there will be a parabolic final blow off bubble phase and then a cyclical bear will set in and it could be short lived. So I'm searching out into uncharted territory without fear and accept the gains the bull wants to give me. I just got my first bankruptcy of the year - JRCC (James River Coal Company) is going under so I'll get a $10K right off this year against future gains - so it's not all negative. You takes your chances and sometimes you step in it - but that's par for the course. I'm remaining active in the coal sector and will continue to dollar cost average into more pain - no pain no gain.
 
Birchtree said:
I don't know what is coming next, but I do know it's coming.
Click to expand...

If it walks like a duck...

In the Fall of 2007 I, as a complete rube could I see the bubble in the housing market forming. Hey! Need a mortgage? No paycheck stub required! Buy a house! And we'll charge you PLENTY! So In January of 2008 I got out.

It doesn't take a weatherman to know which way the wind blows.
 
From my WSJ: "Technology stocks' ups and downs have been sending ripples through the market, but the real thrills are to be found in shipping. Amid the hand-wringing about the technology sector's selloff, the Nasdaq is down less than 2% this year.

Now consider the Baltic Dry Index, which tracks leasing rates paid for the ships carrying dry bulk cargoes such as iron ore. Having ended 2013 at 2,227, it then sank to 1,084 in just over a month, down more than 50%. By mid-March, it had soared by 49% to 1,621. Today, it is back below 1.200. Feeling seasick? Probably not if you have dealt with the Baltic Dry for a while. In 2008, when the commodities boom was at its height, the index soared above 11,000. " Buy some now before the global liquidity pump accelerates.
 
Another day of more weakness - ah, so what. I'm dipping deep into my unloved wall flower basket and buying: ACCO, ANR, SAN, BRT, CVO, DHT, DCIX, DSX, ELX, FBP, and I may do more tomorrow. I'm utilizing some of my spill money. I do believe the I fund did not receive full gains yesterday.
 
It's my party and I'll cry if I want to, cry if I want to, cry if I want to - you would cry too if it happened to you. Especially you S funders - it will only hurt for a short time. This selling is actually healthy to reset sentiment and various oscillators - just be patient this to shall pass. Makes me glad however that I got dividends working and for those still working you are buying cheaper with your contributions, rejoyce in better buys. I'm prepared to do some wall flower buying tomorrow - so bring on golden prices.
 
From my WSJ: "Publicly traded companies issued a record number of dividend increases in the first quarter, with dividend net increases rising $17.8 billion, according to data from S&P Dow Jones Indices. During the first three months of the year, 1,078 dividend increases were reported, a 14% increase from the prior-year period and displacing the prior first-quarter record of 1,069 set in 1979, S&P said. Increases outnumbered decreases by more than 10 to 1. But while payments for the first quarter are estimated to have increased 15% from the first quarter of last year, payout rates, which historically have averaged 52%, continue to remain near their low at 36%." I now have collected 56 of the increased dividend announcements - waiting for even more.
 
The Nasdaq Composite index has seen short term drops of about 10% at least four times over the past five years, and the index hit a 14 year high in early March. We are seeing a healthy blip to cool of the momo stocks - not at all unusual. By next week it will all be forgotten - but I think the IPO momo is cooled for now.
 
Dipping deep into the wall flower bin and buying: FIG, GFI, MTG, SBGL, SNV, TSM, GLW, NFX. I still have a few more on my list but they can wait until next week.
 
I made enough money in all my accounts last year such that I don't mind giving some back on paper to help cleanse the market - there is no real loss unless there is a sale or IFT. I have 60 dividends due this month so lower pricing is my small blessing to build my income stream - the more shares accumulated the better. So a weak quarter is tolerated for a more promising future. I have no reason to cut and run - none at all. I'm actually glad for this consolidation after which higher highs into uncharted territory are on my map.
 
When you plant those wallflowers in your garden, don't use too much manure, it can burn the roots...
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk AutoTracker Insights: TSP Investors Lock in Gains
Replies
1
Views
745
tsptalk
tsptalk
tsptalk
Problem with IFTs on Monday morning
Replies
3
Views
382
FireWeatherMet
FireWeatherMet
tsptalk
  • Article Article
The winning streak finally ends as stocks dip to start the week
Replies
0
Views
200
tsptalk
tsptalk
tsptalk
  • Article Article
Stocks continue to act well despite some obstacles
Replies
0
Views
97
tsptalk
tsptalk
J
TSP beneficiary question
2
Replies
26
Views
1K
evilanne
evilanne
Back
Top