bmneveu's Account Talk

[bmneveu]

Looks like today was the day to buy in this week, but this morning looked much different than this afternoon so I missed the jump.

 

[WorkFE]

You may get that chance today.

 

[bmneveu]

Today looked like my perfect day to buy in and I slept past the trade deadline

 

[bmneveu]

Dow is still under 11900 so I took the dive, 100% S fund IFT.

 

[jkenjohnson]

Good Luck

 

[bmneveu]

Now that I've had a chance to look at things, I see 90% of IFTs today were increasing stock exposure. I am one of them.

In other news, today I bought my first home with my fiance! We just got stationed to Ft Gordon, GA and found a beautiful neighborhood right off the bat. Bought the cheapest house they had, lol. 2400 sq. ft 4b/2.5bath on a half-acre. It's perfect for us

 

[RealMoneyIssues]

Now that I've had a chance to look at things, I see 90% of IFTs today were increasing stock exposure. I am one of them.

In other news, today I bought my first home with my fiance! We just got stationed to Ft Gordon, GA and found a beautiful neighborhood right off the bat. Bought the cheapest house they had, lol. 2400 sq. ft 4b/2.5bath on a half-acre. It's perfect for us

Congrats. Always nice to buy when you can at a duty station. I hope for you (and me as I just bought in April) that the prices stay the same or go up before another PCS comes up...

 

[PessOptimist]

In other news, today I bought my first home with my fiance! We just got stationed to Ft Gordon, GA and found a beautiful neighborhood right off the bat. Bought the cheapest house they had, lol. 2400 sq. ft 4b/2.5bath on a half-acre. It's perfect for us

Ft Gordon! Where do you tie up the ship? My daughter was stationed there while in the USAF. There are only a few reasons for the other branches to go to that Army base. Best of luck with whatever that reason is and with the fiance thing.

 

[bmneveu]

RMI - I'm hoping for higher prices 3 yrs from now as well. I'll probably rent it out if not.

Pess - The navy has a support detachment here to augment ships and subs in the 5th and 6th fleets.

Considering getting out today for a quick 1-day snipe. If I do that though, it will guarantee a wash for the year. Im tempted to ride seasonality to push for a net gain on the year.

 

[ILoveTDs]

I'm saving my 1 day snipe for the 30th.

 

[bmneveu]

Is there any reason for that day, TDlover?

 

[ILoveTDs]

I'm banking on a "Dog's of the Dow" dip on 30 December 2011. I back tested this and noted 6 of the last 7 years did in fact have the dip on the last trading day, with 2008 being the only exception.

 

[nnuut]

I'm banking on a "Dog's of the Dow" dip on 30 December 2011. I back tested this and noted 6 of the last 7 years did in fact have the dip on the last trading day, with 2008 being the only exception.

So get out on the 29th and buy in on the 1st?

 

[Sensei]

So get out on the 29th and buy in on the 1st?

You can only do that if you've been in the market all month without having used your IFTs. Otherwise, you won't be able to buy back in until the 2nd (well, 2nd business day that is - since the 1st is obviously a holiday). I remember very well the pain of being out of IFTs and watching the rest of the world enjoy a 2% gain on the first trading day of this year.

 

[ILoveTDs]

So get out on the 29th and buy in on the 1st?

I plan on getting out the 29th and in the 30th, so I still have both IFT in January. But I still have both IFT for December.

 

[bmneveu]

My plan is to get out around Christmas or just after, which is helping ease the voice in my head telling me not to be greedy. I almost IFTd out this morning but I'm sticking to the plan. hope I don't get slaughtered!

 

[bmneveu]

In the last 3 months 12,200 Dow has proved to be a ceiling. Today we are comfortably hovering over that level. I like that!

 

[bmneveu]

hmm i just looked at my tsp account at tsp.gov and its showing around 12% gain for the year. i cant complain, but its much higher than what the autotracker is showing me at. either way, ill take the money!

 

[Birchtree]

The tracker doesn't take into account individual contributions from payroll.

 

[bmneveu]

The tracker doesn't take into account individual contributions from payroll.

ah yea thanks. i think that is playing a significant role in the calculation. since im pretty new to this and my account is small, my contributions are large compared to the total account size. so gains later in the year weigh heavier on earlier losses.