Birchtree's Account Talk

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Hi Birch. I see you don't care much for the S fund. But 223 of us of have all our TSP money in there. You may be on to some thing.
 
Oh, what a very nice day - just the kind of day that was necessary.

Treasury-bond market shows signs of fear, panic buying - MarketWatch

"Stock markets always crash from the top when nearly all the fools speculating in them are certain they can do nothing but continue to keep going up forever. Always. This is drivel, wrapped in nonsense, covered with manure."

I don't hear a word they're saying - I'm just going to keep my money working and perhaps my oceanic account will be fortunate enough to pull down $1M this year.
 
So everyone is nervous - that's simply purrfect, because I'm buying something everyday. A sideways drift through June is the best approach for my buying. I made a lot of money in the last two years so I can wait awhile longer for my next +$1M. I just have to keep reminding myself that dividends are forever and forever is a very long time. I'll still have a very nice income stream as long as capitalism prevails.
 
Birchtree said:
So everyone is nervous - that's simply purrfect, because I'm buying something everyday. A sideways drift through June is the best approach for my buying. I made a lot of money in the last two years so I can wait awhile longer for my next +$1M. I just have to keep reminding myself that dividends are forever and forever is a very long time. I'll still have a very nice income stream as long as capitalism prevails.
Click to expand...

Agree....I've been waiting for a pullback to DCA in.. I think the overall economic data looks pretty good, albeit a little weak. The Tepper drop didn't help matters. I'm staying long....
 
You can get anything you want at Alice's Restaurant....this little consolidation is like a sweet desert. Just today I havce 18 dividends due for reinvestment.
 
When it was all said and done my oceanic account was quiet: +$117K, -$24K, -$63K, -$73K, +$22K for a colossal give back of -$26K. And I'm content with that. Afterall I did pick up some nice prices this week for my goody box. I have a few more due next week but I don't know how many until I check. I do know that I have 105 due in June and that could be very sweet even if I have to overpay.
 
Many have been looking for the "Holy Grail" and I've found it. It was right under my nose all the time: "The secret to success with stocks is to not get scared out of them." That is so darn simple.
 
It looks like it is going to be a down year for the S Fund. That means to me that the S Fund is on sale. It might not do well this year but long term???

Handballer said:
Hi Birch. I see you don't care much for the S fund. But 223 of us of have all our TSP money in there. You may be on to some thing.
Click to expand...
 
I have 28 dividends due in the next ten trading days and then we're into the 105 number for June. I also now have 85 dividend increase announcements - I just can't stop them. For stock market bulls, a slow growing U.S. economy, at slightly less than 2% , is the sweet spot. There will undoubtedly be only one way to beat the market this year - buy and hold, for long and strong.
 
Thats a big "IF". We are nudging up against all time highs and the Feb low is around 90 Pts below.

QE doesn't seem to have an effect on investor psyche anymore. Possible interest rate hikes would, though.
 
A nice bleed on the R2K today - I'll take those lower prices and offer no complaints. A little pain is welcomed.
 
I remain optimistic, however I did hear that we were to stand outside the safety zone once the S&P hit 1900. Had I put money in that day and bought on the launchpad, I would would not be asking for more pain today. I don't have the deep pockets to throw more as the market goes down.

The amount of money in my retirement accounts is for the most part finite, so I removed 3/4's yesterday from the market and I am happy for that to book profits and minimized today's likely losses. I am still crying from being called "Punch and Judy" :) on Bquat's thread, but I am living to fight another day with some of the profits leftover from the two day bounce after the collapse from 1900. That is why I am sitting in the L Income today and was in the L2050 yesterday. Risk management, only thing I might have done better was go to G or F Fund but I wanted some skin in the game in case I was wrong.

2414 in 2014 would be nice, but we have ways to go to get there.





Birchtree said:
A nice bleed on the R2K today - I'll take those lower prices and offer no complaints. A little pain is welcomed.
Click to expand...
 
With a nearly 10% correction in the S fund tells me now is the time to jump in big time and stay steady with contributions. I no longer contribute to my tugboat (TSP) but I have 876 dividends going into my oceanic account through out the year which is mostly small caps - so I'm always buying my favorites. The market is setting up for a very nice summer - keep your eye on the Bundesbank.
 
I am unable to do that since I am former military. I have to play the cards I am dealt. In hindsight, last year was a great buy and hold year. However, if we stick with the mantra of this forum, "friends don't let friends buy and hold", then one must make decisions like you said put it in the S Fund and forget about it. But, forget about it for how long? If you put it in the S Fund in Dec 2012, then this downturn is just a blip, but wouldn't you have rather gotten out on December 2013?

This is not a brokerage account with margins one can use.

Birchtree said:
With a nearly 10% correction in the S fund tells me now is the time to jump in big time and stay steady with contributions. I no longer contribute to my tugboat (TSP) but I have 876 dividends going into my oceanic account through out the year which is mostly small caps - so I'm always buying my favorites. The market is setting up for a very nice summer - keep your eye on the Bundesbank.
Click to expand...
 
Another 5 weeks of S funder blood would be purrfect - allow me to move up the tracker against the F funders and all with the world is right. I don't care if I don't accumulate any capital appreciation in the next couple of months - it's golden pricing I'm after. All the wall flowers I can gather before they flower into roses. There are many more years of this secular bull market to run. There will be many more stock splits happening and more dividend increases the rest of the year - not counting the next 20 years.
 
Bill Miller says "the conditions for a bad markert just don't exist. You can throw a dart at the market and about anything you hit is gonna go up the next six months." Enjoy lower pricing while golden is available. Small caps may rebound today, but I'm waiting for more slip and slide into June where I'll be buying every single day.
 
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