Boghies Account Talk

[Boghie]

Wow,

My annual Internal Rate of Return for 2010 is 152.57%

Lies, Damn Lies, and Statistics:toung:

And, I noticed some of us predicting DOW 13,000 - with the mention that they were predicting only a small gain.

That is a 20% gain... :nuts:

 

[Boghie]

Missed it by thaaaatttttt muuccchhhh

Waiting around for a two/three day or percent dump before moving the remaining assets to equities funds.

Seems like we will get it all today

I might have a buy in on Tuesday, but should have pulled the trigger today.

 

[Boghie]

Kinda waiting with a moderate allocation.

Hoping not to get hit too bad in a correction.

Well, back in the market now:

40% C
30% S
30% I​

The equities indexes seem to be at a transition point. And, 'The One' has already opened his yak - affecting financials. He is pretty much done with his potential for damage in the short term.

Also, financials will show minimal profits because of the TARP paybacks. Those paybacks will damage their profit this earnings season - but folks will figure it out and purchase stock on the cheap.

 

[Boghie]

Well,

'The One' speaks,
The market declines...

What an ignit.

I knew I should have waited to get back into equities. I just figured the election of Brown would have forced change. Oh well...

How much can I lose?
Every 4% is a year of retirement income

So now, I get to look up at the 'G Fund' again. Sad to say - it is in the Top Quintile again. Sad...

 

[burrocrat]

i finally get your signature now bohgie.

i never understood why someone with you allocation would be promoting that "things are good" (looking up) in the G fund, as it is hard to meet retirement goals getting a pittance for returns.

now i understand, we are both in the same boat here and taking on water fast lately.

you got an extra paddle? i find myself way too far up rahm creek and seem to have lost mine.

 

[Boghie]

Burrocrat,

Yeah, that signiture line was set in the low, low crawling times of 2009. Kinda sarcastic - but, every time I look at it I ground myself in reality again. Its good to remember the hard times as well as the good times.

Just wish I wasn't living them again (in a very minor way) right now:nuts:

Just a couple of weeks ago I was over 3%.

Oh well...

 

[Birchtree]

Boghie,

Let's educate Dennis - by the term ignit did you mean ignoramus? Now that I can comprehend. Remember, "Change is coming to America" and it starts November '10.

 

[Boghie]

Boghie,

Let's educate Dennis - by the term ignit did you mean ignoramus? Now that I can comprehend. Remember, "Change is coming to America" and it starts November '10.

Yeah, I rarely run across anyone as economically ignorant as this President. Normally, when someone yaks up the wonders of regulation and gubmit control I can ignore them. Hard to do when 'The One' keeps opening his yammer and killing off my retirement fund. He has a very big megaphone and, regretfully, is a market mover.

I read that the difference between the stupid and the ignorant is that someone who is ignorant is stupid but thinks they are brilliant. A stupid person knows they don't understand the topic and doesn't try to play the role of guru.

Any more talking from our President and our retirement will be whatever the Chinese loan sharks trickle down to the soup lines

Watch out for the yellow snow

 

[Birchtree]

I believe he is already a lame duck and will remain that way for the next three years - the bull market will charge forward without his input.

 

[Boghie]

I believe he is already a lame duck and will remain that way for the next three years - the bull market will charge forward without his input.

The President is a very smart man in many ways. But, he is very bull headed where he is at his weakest. I don't think he is listening to the folks around him on the topics he doesn't understand. He can do incredible damge with the bullhorn he keeps powering up.

I think he should go to the video room and watch the game he is bringing to the court:cheesy:

 

[Boghie]

Uuuggggghhhhhhhh,

My annual Internal Rate of Return for 2010 is -25.72%

Lies, Damn Lies, and Statistics:cheesy:

 

[Boghie]

Showing My Confidence in The Liberal Economy...

Yaks opening...
Ignorance Showing...

The leadership is too unstable and too antagonistic to the economy to allow it to grow back to a normal status.

Take the bump, and run...

14% G
26% F
37% C
12% S
11% I

A 60/40 split.

 

[Boghie]

One Post after 666 - California, The Failed State

Yup, folks are convinced that "California is America's First Failed State!!!"

Somehow, I believe them.

I mean, even a failed state has purty people and scenery


Personally, I think the following quote from Governor (recalled) Gray Dufus explains the point best:

Davis: Let me acknowledge there are problems in Sacramento. But the shortcomings of our elected officials should not detract from the creative contributions of our 37 million citizens. Our [gross domestic product] is $1.9 trillion, the eighth largest in the world, larger than Russia, India, or Canada. With all of its problems it still managed to nurture some of the most innovative companies in the world: Google, Apple, Hewlett-Packard, MySpace, Facebook, Twitter, YouTube, Cisco, Intel, Disney, eBay, and many others. California is all about change: it likes to get there first, and it frequently does. It was the first state to regulate greenhouse gases, to allow full-scale stem-cell research, to establish renewable energy portfolio standards. Our electricity growth has been nada, zero, over 30 years as we became the largest state in America.

Uuuummmm, "Our electricity growth has been nada, zero, over 30 years as we became the largest state in America."
I think that explains the situation rather well.
What a glorious Dufus.
Dear Leader.

 

[Boghie]

I peeked in 'TSP Jail' to gawk at recent offenders - and found a reference to myself!!!

Burrocrat must be prescient…

I got me one (1) ‘Sticky Pants’ card issued by Burrocrat.

Too funny…

But, I think I just spent it. I just moved to a 60% equities, 40% bond allocation.
I gotta know, do I still have my sticky pants on if I’m mostly invested?
Or, am I kinda dressed, kinda buck naked

By the way, I think I came close to needing a ‘Get Out of Jail’ card. Are those still being issued?:nuts:


Note: That picture album thing is great. I can now keep any pictures that I use in the album and reference them...

 

[Boghie]

China - Supernova!!!

re(1) Tiny Bubbles, Wretchard, The Belmont Club

CNN’s Katie Brenner quotes a number of academic authorities who claim that even if a Chinese bubble popped its effects would be speedily managed by an authoritarian Communist Party which is far better than the West at managing such crises — or so the experts said. Beijing can prevent capital flight by draconian control; prices can simply be set by fiat, banks can be forced to extend credit whether they like it or not.

...

In any event, huge global economic pressures with complex interrelationships are building up based on asserted information. Beijing, Brussels and Washington’s economic managers are embarking upon ambitious strategies. By setting values, concealing debts, accumulating toxic assets and acquiring obligations on the basis of almost fictional cash flows the world’s economic managers are setting up a series of bets may save the day or sink the ship; which it is will sooner or later will be judged by the market. An economy can only undervalue things and overborrow for so long. Eventually the laws of supply and demand, like gravity, reasserts their control over the situation and the entire edifice settles into an equilibrium that will leave those who bet on the wrong horse holding the bag. We certainly live in interesting times.

 

[grandma]

I peeked in 'TSP Jail' to gawk at recent offenders - and found a reference to myself!!!

Note: That picture album thing is great. I can now keep any pictures that I use in the album and reference them...

By the way, I think I came close to needing a ‘Get Out of Jail’ card. Are those still being issued?:nuts:

Boghie - what picture album? I know it was mentioned before, but the link said it was invalid.
Also - you mentioned `almost needing' that get out of jail card before - mind sharing a little bit about that episode/event/happening in your life??:laugh:

 

[KevinD]

grandma - In your userCP on the right hand side you can set up a photo album.

 

[Boghie]

Boghie - what picture album? I know it was mentioned before, but the link said it was invalid.
Also - you mentioned `almost needing' that get out of jail card before - mind sharing a little bit about that episode/event/happening in your life??:laugh:

Grandma,

Couple of weeks ago I made a reference to an insulting nickname for President Bush that the Left used constantly during his eight years in office.

A mix of his last name and the last name of a certain German Fascist dictator from the 30s/40s. The moderator would rather not degrade the conversations on this board with stupidity like that. So, no more...

Chided in private.

Point taken.

 

[Boghie]

Following the Dumb Money for a While...

Howdy folks,

I figured the market would dump today based on the FED info last night. Figured folks would think Bernanke was tightening the money supply right now.

Well, that bit of info got shrugged off. Still buying into the Dumb Money Move with my G Fund assets:

G: 0%
F: 26%
C: 45%
S: 15%
I: 15%

I can always revert to my original conservative allocation because I only used my G Fund assets for my last forward IFT. Thus, I can revert to my original risk level if I drop my sticky pants

 

[Birchtree]

With so many good folks sitting on the lily pad it's refreshing to encounter a contrarian move - be in to win. These thoughts may be prescient for our current times; the first six months to 12 months of a new bull market are always the most disbelieved and unloved. There have been enough ominous headlines to frighten investors to the sidelines and keep them there. This is the most hated bull market move in history and that is just dandy with me.