Birchtree
TSP Talk Royalty
- Reaction score
- 143
I believe today may be the beginning - I suspect that a spectacular near verticle rally may be just around the corner - and I certainly don't want to sell anything too early and miss that parabolic acceleration. To the extent that a portfolio (Birchtree 300) can generate sufficient cash income for an investor to avoid the need to sell assets to support lifestyle, the safer the long term financial future for that investor, with lower risk of outliving assets. Besides anyone keeping the faith over the last two years has been well rewarded - I try to maintain a focus on the longer-term outlook several years ahead - thus my permabull status. The takeaway here is a rise in near term risks, but a potential fuel for long term market gains.
I'm curious... and only because I follow your thread so closely! Why do you hate the president sooooo much when he has added so much to your holdings over the last 4 years? It seems like you wish he would fail, but in doing so, I imagine you would have lost a lot as the markets would have responded very differently. I understand you wish Romney would have won, but he didn't! For the record, my wife own's a multi-million dollar company and has 48 employees, so she is considered "small business". We understand what we voted for. It just seems a man of your wealth and knowledge would be a little more supportive of your president, knowing if he fails during his term... the markets will respond the same way :/ I don't know, it just seems like your negative feelings toward the president ought to be positive, in light of the fact you want to make money. You've done pretty well these last 4 years, especially everything you bought SINCE he was elected. I won't be responding to any responses from you, as we obviously see things differently, you won't change me and I definitely won't be changing your point of view and I have found them to be useless and energy busters. I do love your bullishness on the economy and look forward to all your responses to people that find you also very knowledgeable. I'm up about 25% so far this year in my TSP and with over half a million invested, that makes me happy! (I know... chump change with all you have in the market 
Control, control.
