Corepuncher's Account Talk

JTH,

I can't seem to remember the last time I visited the G fund - perhaps you can tell me what it feels like since you seem to live there. Step out and make those gains my green friend.
 
JTH,

I can't seem to remember the last time I visited the G fund - perhaps you can tell me what it feels like since you seem to live there. Step out and make those gains my green friend.

Lol you must not be reading my threads, I'm buying at the top and selling at the bottom. :toung:

I'm 75% in stocks, but that doesn't mean I still don't think this markets going to break through 666 before all is said and done. :rolleyes:
 
G Fund Rate Increase

CorePuncher,

I was just going to mention in my blog thangy that the 'G Fund' seems to be on a rampage this year - all the way to an annualized rate of 2.6%. :cheesy:

Now, you mention that the rate is raising. Is it? Where do you get that kind of information. Still learning. Can't see with all this smoke and mirrors :p
 
Re: G Fund Rate Increase

CorePuncher,

I was just going to mention in my blog thangy that the 'G Fund' seems to be on a rampage this year - all the way to an annualized rate of 2.6%. :cheesy:

Now, you mention that the rate is raising. Is it? Where do you get that kind of information. Still learning. Can't see with all this smoke and mirrors :p

http://www.tsp.gov/curinfo/data.html

It is the same as "loan interest rate." It was down to 2.125 a few weeks ago.
 
You don't have to know anything if your strategy is to do nothing.

The big tree has his roots firmly planted on the edge of a river bank. Being right for 60 days since October 2007 is like a broken clock being right twice a day. :rolleyes:

http://www.tsptalk.com/utilities/tally_123108.pdf

He should get credit for having so much conviction that he took his reserve cash ($0.5M or $0.6M or $0.7M depending on post) and bought additional stocks in March---even after having his current holdings take a $1M "haircut"--exactly when the predictions were for S&P444.:embarrest:
 
He should get credit for having so much conviction that he took his reserve cash ($0.5M or $0.6M or $0.7M depending on post) and bought additional stocks in March---even after having his current holdings take a $1M "haircut"--exactly when the predictions were for S&P444.:embarrest:

This Frog promises to bask in the Tree's glory if we don't hit 444 :toung:

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Re: G Fund Rate Increase

http://www.tsp.gov/curinfo/data.html

It is the same as "loan interest rate." It was down to 2.125 a few weeks ago.

Thanks CorePuncher.

That is not an obvious place to look for the 'G Fund' growth rate...

That metric may play a role in my TSP trading from this point forward. Looking at the summary sheets seemed to imply about a 4% return. What you are telling me is that my 'G Fund' holdings will grow by an amazing 1.68%. I guess that is better than losing money, eh...
 
Warrenlm,

When I transfer my oceanic from Merrill to BAC - I'll have $1.4M to invest with on margin being charged 3% interest, which is tax deductable. And as the market appreciates the margin availability increases - and spending the margin helps to pyramid the gains. This is the way to play a bull market. Plus I reinvest all my dividends to buy more shares which then produce more income and the margin interest offsets the income for tax purposes. This is definitely not a game for the uninitiated. And I may get another $10 C fund buy tomorrow. How much margin do you think I could access if we were at the old highs of 14,154 on the Dow. I suspect more than several million dollars. We'll get there sooner rather than later.
 
Warrenlm,

When I transfer my oceanic from Merrill to BAC - I'll have $1.4M to invest with on margin being charged 3% interest, which is tax deductable. And as the market appreciates the margin availability increases - and spending the margin helps to pyramid the gains. This is the way to play a bull market. Plus I reinvest all my dividends to buy more shares which then produce more income and the margin interest offsets the income for tax purposes. This is definitely not a game for the uninitiated. And I may get another $10 C fund buy tomorrow. How much margin do you think I could access if we were at the old highs of 14,154 on the Dow. I suspect more than several million dollars. We'll get there sooner rather than later.

Stones made of steel. :bow down smilie:
 
I'm just saying you have to play the hand you've built - and I've been building mine a long time and now is the time to turn it on and let it rip.
 
Warrenlm,

When I transfer my oceanic from Merrill to BAC - I'll have $1.4M to invest with on margin being charged 3% interest, which is tax deductable. And as the market appreciates the margin availability increases - and spending the margin helps to pyramid the gains. This is the way to play a bull market. Plus I reinvest all my dividends to buy more shares which then produce more income and the margin interest offsets the income for tax purposes. This is definitely not a game for the uninitiated. And I may get another $10 C fund buy tomorrow. How much margin do you think I could access if we were at the old highs of 14,154 on the Dow. I suspect more than several million dollars. We'll get there sooner rather than later.

What happens if there are margin calls? God forbid? Isn't margin high risk? And here I was always impressed by your pay as you play style.
:blink:
 
Yes margin is high risk but that is what presents the potential. I would leave enough buffer to hopefuly avoid a margin call. When you go on margin your stocks are used as collateral and will be sold off to cover any margin calls. Remember we've given up over 8,000 points from last year and I think the bottom has been placed so now is the time to leverage up because it's a long way back to the top and several million dollars to be made.
 
Yes margin is high risk but that is what presents the potential. I would leave enough buffer to hopefuly avoid a margin call. When you go on margin your stocks are used as collateral and will be sold off to cover any margin calls. Remember we've given up over 8,000 points from last year and I think the bottom has been placed so now is the time to leverage up because it's a long way back to the top and several million dollars to be made.

...also potential to sink your account twice as fast if it goes the other way. That would be one hefty bet to go all in bullish now, especially since you cannot compare what is happening to past cycles. I would recommend being a 1X bull, not more than that!
 
I usually dollar cost average my way in and sell in bulk when I move out for profit. Besides I've ridden all the cycles since 1974 so I have no fear. I'll mostly be adding to some of my current positions and picking up some new commodity positions. With a 3% interest rate I can buy stocks that are yielding higher than that and the margin money becomes essentially free. I'm excited about the possibilities of pyramiding my gains - the more the long market value increases the more margin avalible. If we are in the early stages of continuing the 1982 mega trend secular bull this market growth could last for years.
 
Besides I've ridden all the cycles since 1974 so I have no fear.

But you have not ridden the cycles since the 30's...which is the magnitude of this shift, IMO.

The stress tests area sham...Fannie already reported Q1 mort. delinquencies and they are ALREADY AT THE HIGH END OF THE GOV "severe" SCENARIO! Are you kidding me? The stress test are BS, and now everyone can see. Watch out for financials...they will get rocked once again, question is when.
 
CP why you so bearish?

Oh who are we kidding, if I had your returns, I'd be sitting my azz in G too :p
 
retail_sales_2009-04B.png
 
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