-
Welcome to the TSP Talk Forums forums.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, join our AutoTracker, and access many other special features. Registration is simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us. -
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!
Carnac's Corner
- Thread starter The_Technician
- Start date
The_Technician
Active member
Keep on rebounding baby...Birchy will be happy!
The CB's are glowing and hot!
Carnac
nnuut
Moderator | TSP Legend
Good morning CARNAC!!! I was kinda looking for 600 on the SPX before we have a REAL turn around, but am not sure now. This Rally has had legs and just keeps going and going, but she should head south for a while after about one more day up or less. I don't like making predictions because I hate being wrong and am wrong about half of the time! Where is the BOTTOM>>?
Wait! I thought it was July 15??
nnuut
Moderator | TSP Legend
The_Technician
Active member
I think you're bottom fishing thar Nnuut....Birchy is most probably right....Crystal Balls say look to 1000-1100's area on the SPX, personally I think its going to be one of them kind of runs that, if you get out, you will miss the ride deal.....so its probably better to try to stay in and be brave.Good morning CARNAC!!! I was kinda looking for 600 on the SPX before we have a REAL turn around, but am not sure now. This Rally has had legs and just keeps going and going, but she should head south for a while after about one more day up or less. I don't like making predictions because I hate being wrong and am wrong about half of the time! Where is the BOTTOM>>?
Carnac
ATCJeff
Well-known member
The_Technician
Active member
:blink:Carnac bullish? You ad' better check them ther' balls of yers reaz fast!
Boy oh Boy, have you ever done a pie chart on your expenditures from your income before taxes....it will wake you up....look at all the services you receive in percentages, and the one that really wakes you up is GOVT SERVICES....something is wrong with our system.....I think it would be prudent to regulate how much the Govt services have rights to tax you .....its a runaway train....I figger starting at 15% max on your income and work our way down.......keeping regulation on fed sales taxes and local, state sales tax....at the same time...make them have a restriction of income to work with.
regulation would keep things at bay instead of this theology of an OPEN CHECKBOOK to your income....just like you would do yourself.
How much do we have to pay for building automobiles....most of the time when I find out that a product is just too much in price, I go somewhere else and buy the cheaper competition.....or when a corporation knows its got high operational costs, they find ways to reduce that cost......where are we going here.....maybe they should just close the doors.....
Lie cheat and steal, is that the name of the day???
Carnac
The_Technician
Active member
Yeah, like the govt services is free marketed...its a monopoly....and a big waste of your income. it would be better if they were regulated, it would keep them in check and out of ransacking personal income and the economy.The "FREE MARKET ECONOMY" in action, that's what is happening!!
Carnac
I see we have all the big guns on this thread; so I pose this question.
Some on my job have asked this.
Assuming the stock market will be flat for a while, and interest rates on the TSP loan program is at 2.75%; would it make sense for those that still have jobs and credit card debt to borrow from the TSP, to pay down credit card debt. And at the same time increases their allocation percentage back into their TSP fund while share prices in the C,S,I are on the cheap.
What your take on this
Thanks
Some on my job have asked this.
Assuming the stock market will be flat for a while, and interest rates on the TSP loan program is at 2.75%; would it make sense for those that still have jobs and credit card debt to borrow from the TSP, to pay down credit card debt. And at the same time increases their allocation percentage back into their TSP fund while share prices in the C,S,I are on the cheap.
What your take on this
Thanks
The_Technician
Active member
Birchy, grab your drawers....
Today the CB's are expecting a run of about 15-20% or thereabouts in the near future....but as always, anything can and will happen.
Carnac
wv-girl
Member
Where else are you going to get a loan @ 2.75%? Plus pay yourself the interest? If your credit card interest is higher then go for it. After you do, then STAY AWAY from credit cards. It is too easy to slip back into it. Make a point of either cutting your cards up, or hiding them, or put them somewhere where it is very difficult to get them. It will be painful at first, but worth it.
The_Technician
Active member
Stage 2 of the economic decline is being discussed....basically, its store closings for lack of sales....that means more unemployment....lower economic activity.Where else are you going to get a loan @ 2.75%? Plus pay yourself the interest? If your credit card interest is higher then go for it. After you do, then STAY AWAY from credit cards. It is too easy to slip back into it. Make a point of either cutting your cards up, or hiding them, or put them somewhere where it is very difficult to get them. It will be painful at first, but worth it.
Looks dim, but the market is probably looking ahead through the year....but, I hope its not more bailouts...maybe someone could CUT COSTS of govt....that would be part of the proper solution to the problem of over taxing and underpaid taxpayers....
maybe we could get some supply and demanders or "supply and get what you can'drs" to drop to honest profits.
Carnac
The_Technician
Active member
It's official, Donald Trumpppph....said the same thing this mornining that I've said for two years.....we were going depressionary and the bank bailouts confirmed we were in going into one......
Strange, he said also that he thought this two years ago also......
Rub them Crystal Balls some more.....they say this limited trading during the month really is limiting return.....sometin needs to change....TSP needs to CHANGE!
Carnac
The_Technician
Active member
I didn't see any comments on TSP needing to change the limited trading back to the way it was....you guys must be satisfied.
Me, I prefer to be able to move it daily!
Market is a hoot eh....
Carnac
Similar threads
