-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
burrocrat's Account Talk
- Thread starter burrocrat
- Start date
jpcavin
Well-known member
:laugh::laugh::laugh:
PessOptimist
Well-known member
This actually goes back centuries. It is more prevelant in Muslim countries like Turkey. Something about a belief that Allah will be born of the bowels of man. Much more complicated of course.
burrocrat
Well-known member
I new you had class FAB1, I bet you'll even add coordinated socks if it's a nice place.
burrocrat
Well-known member
I know I'm not going to make any friends this way, but I'm going to say it anyway, because I have a hard time operating that trapdoor between my brain and my mouth, it seems to be stuck in slide position. I would not recommend this investment strategy to anyone.
I hope the market crashes on Monday, hard. I mean really drop, and then keep dropping for days until we take out that 666 close that's been taunting me. Wipe it all clean, right to bedrock. Then maybe we can start to build a real future on a good foundation, not this cobbled together managerie of sand and sticks and debt and lies. Let's see a real acceleration here, I'm 100% in and I mean it. It's my money, sort of, so I have the right to request a tune.
I know I don't have as much as others invested here, but still, it's all I've got, a meaningfull amount to me. Problem is I don't expect it will be worth much in the future anyway, and add to that a busted social security with nothing to show and a pension that is becoming more unnatractive each time the politicks try to fix things, my 3 legged stool is looking like just a plank. Fortunately, it's almost all free money that I never had, never came out of my payroll, never passed my hand, just showed up free on the reports. Late last year I took out a general TSP loan and 'invested' in a cash safety net and hard items that I don't believe will be cheaper to purchase in the foreseeable future. Now paying back that loan at the minimum possible rate amortized over 5 years.
Then in June I did not like at all what I saw and pulled the rest of my contributions and attributal earnings out. That's right, hardship exemption with full penalty. No contributions, no match, but have balance in hand working for me, at my direction, not some silly 2 trade pair of handcuffs. 98%+ of my TSP is entirely free matching money, if you can call it that, more like debt, and I'm not sure the borrower can clear with equitable funds, the numbers might add up the but the value of those numbers is almost certainly being deliberately destroyed.
If/when I get to retire, I plan on having only what's in my possession, and making the best of it. There is no way I am going to pretend to sleep good at night because I have a big number next to my name on some other entity's balance sheet. That is a fool's game.
Now I could be wrong, and y'all might be sittin at the club sippin cocktails while I play my guitar out front for change, but we'll be at the same resort. Don't forget to tip. And if it works out the other way and you show up on my porch with honest eyes and clean hands, I will feed you.
How's that for diversification?
I'm totally invested and am not moving position until I see a paper profit, and probably not even then. After that maybe I will consider putting my money back in to this game of charades.
I know it's not fair. Don't shoot the messenger. It is a mess but I didn't make it, just trying to navigate it. It sucks when something you counted on doesn't show up, but it is also partly our own fault for betting that something so broken would perform.
Anyway, beef on the BBQ at my place and you're all welcome, it's only chuck roast strips and a local blend, but it's prepared with love, and will do the job.
I hope the market crashes on Monday, hard. I mean really drop, and then keep dropping for days until we take out that 666 close that's been taunting me. Wipe it all clean, right to bedrock. Then maybe we can start to build a real future on a good foundation, not this cobbled together managerie of sand and sticks and debt and lies. Let's see a real acceleration here, I'm 100% in and I mean it. It's my money, sort of, so I have the right to request a tune.
I know I don't have as much as others invested here, but still, it's all I've got, a meaningfull amount to me. Problem is I don't expect it will be worth much in the future anyway, and add to that a busted social security with nothing to show and a pension that is becoming more unnatractive each time the politicks try to fix things, my 3 legged stool is looking like just a plank. Fortunately, it's almost all free money that I never had, never came out of my payroll, never passed my hand, just showed up free on the reports. Late last year I took out a general TSP loan and 'invested' in a cash safety net and hard items that I don't believe will be cheaper to purchase in the foreseeable future. Now paying back that loan at the minimum possible rate amortized over 5 years.
Then in June I did not like at all what I saw and pulled the rest of my contributions and attributal earnings out. That's right, hardship exemption with full penalty. No contributions, no match, but have balance in hand working for me, at my direction, not some silly 2 trade pair of handcuffs. 98%+ of my TSP is entirely free matching money, if you can call it that, more like debt, and I'm not sure the borrower can clear with equitable funds, the numbers might add up the but the value of those numbers is almost certainly being deliberately destroyed.
If/when I get to retire, I plan on having only what's in my possession, and making the best of it. There is no way I am going to pretend to sleep good at night because I have a big number next to my name on some other entity's balance sheet. That is a fool's game.
Now I could be wrong, and y'all might be sittin at the club sippin cocktails while I play my guitar out front for change, but we'll be at the same resort. Don't forget to tip. And if it works out the other way and you show up on my porch with honest eyes and clean hands, I will feed you.
How's that for diversification?
I'm totally invested and am not moving position until I see a paper profit, and probably not even then. After that maybe I will consider putting my money back in to this game of charades.
I know it's not fair. Don't shoot the messenger. It is a mess but I didn't make it, just trying to navigate it. It sucks when something you counted on doesn't show up, but it is also partly our own fault for betting that something so broken would perform.
Anyway, beef on the BBQ at my place and you're all welcome, it's only chuck roast strips and a local blend, but it's prepared with love, and will do the job.
burrocrat
Well-known member
I don't know, this guy don't seem too worried about all that. At least I think it's a guy.
View attachment 14870
burrocrat
Well-known member
Crap, got the angle right, totally missed the direction.
I hate it when that happens.
That was only two weeks ago.
burrocrat
Well-known member
Ok, here's how it went. I was at +5% it seems like just yesterday, then there where some down times and the market kicked me for another -3% and I went below zero but came right back up, then it's like -6% and -7% two days running? you got to be fucking kidding me.
I'm sitting at ~ -12.5% on the tracker now, but #434 rank, that means almost half is doing worse? That is not good.
I'm sitting at ~ -12.5% on the tracker now, but #434 rank, that means almost half is doing worse? That is not good.
JTH
Well-known member
Pretty awesome the devastation, I'm down 25.89% off my peak...
burrocrat
Well-known member
So I've been reading up on the whole diversification thing and I'm think I'm spread out pretty well, going to ride this thing out. Now I don't got nothing like a tugboat or an oceanic, but I feel like I'm sailing the same stream, it's only fair I give 'em names after we been together so long.
TSP = rubber ducky, under water a lot but keeps popping back up
Roth IRA = stick, it will get to the end of the race
Brokerage = paper hat, i like to send it through the rapids just to see what happens
Cash = rock, sinking to the bottom and not looking like it's going to float any time soon
So there, I'm all in, all the way around, and I've been getting the hurt put on me, but I have plans for that.
TSP = rubber ducky, under water a lot but keeps popping back up
Roth IRA = stick, it will get to the end of the race
Brokerage = paper hat, i like to send it through the rapids just to see what happens
Cash = rock, sinking to the bottom and not looking like it's going to float any time soon
So there, I'm all in, all the way around, and I've been getting the hurt put on me, but I have plans for that.
burrocrat
Well-known member
Wooo, hooo!
I'm at -7.37% overall and +4.77% today, that's a lot of 7's, way lucky.
Plus all the numbers that aren't 7 add up to 7, so there, totally way lucky.
And I'm back to only single digits below zero, yep, lucky.
Whew, I'm glad most of that is over with, I got some work to do.
I'm at -7.37% overall and +4.77% today, that's a lot of 7's, way lucky.
Plus all the numbers that aren't 7 add up to 7, so there, totally way lucky.
And I'm back to only single digits below zero, yep, lucky.
Whew, I'm glad most of that is over with, I got some work to do.
Last edited:
jpcavin
Well-known member
You're so full of crap! Procter and Gamble (Charmin) would be more appropriate. :laugh::laugh::laugh:
