Davehop21 Account Talk

[Davehop21]

Good morning all, It looks like early on that Bush's speech must have helped a liitle. More and more bad nes though. Looks like I am stuck in the Gfund until September 1. I sure wish we could have more IFT's to work with in any given month.

I have been posting on others threads and wanted to start my own. All are welcome and all ideas are welcome.

Dave at VA

 

[Moonshadow]

Wonderful avatar!
After Bush's proposed plan, I'm surprised there's a rally at all. It gives me hope that once Congress passes a plan, no matter whether it's a good or bad plan, there may be a quick rally afterwards.
sunshine, also at VA

 

[Davehop21]

Once again the Republicans have to defend themselves from accusations that they have done something wrong. I am glad they are standing up for something for a change. This seems to important to just accept whatever is proposed. Hey hold the bill up and let the public really know what is being considered. Those that want to know will and those that don't don't care anyway. Barney Frank is such a joke saying they are roadblocking. Sure they are because they are not going to just blindly say oh ok here spend our future away.
Dave at VA

 

[Davehop21]

I have not made a move yet in Oct. Sitting on the lilly pad 100% G fund. Any ideas on when to bust a move. I am leaning toward the C fund with maybe 25% but don't want to catch it on the way down. Any ideas are welcomed.

Dave at VA

 

[Davehop21]

No rate cut so down we go......
Dave at VA

 

[Davehop21]

I just spent 20 minutes trying to get in to do an IFT. When I finally got in the system was down for maintenance. So even though I was going to move 20 % to C today the system would not let me do it. Did anyone else have a similar problem?

Thanks, Dave at VA

 

[nasa1974]

I just spent 20 minutes trying to get in to do an IFT. When I finally got in the system was down for maintenance. So even though I was going to move 20 % to C today the system would not let me do it. Did anyone else have a similar problem?

Thanks, Dave at VA

Uptrend said he had problems getting on the TSP site.

 

[Davehop21]

Ok, since I was not able to take advantage of the last bump I am safely 100% G fund. Here are my current thoughts and am hoping for some feedback. I think now may be the time to switch future contributions. For instance I am thinking 40-C, 40-S and 20-I as I see the international economy lagging ours.
Dave at VA

 

[Davehop21]

Does anyone know the deadline for changing new contributions. I am planning on starting to put future contributions into C,S, and I but wonder when this has to be done to ensure I get the best chance to optimize them. I get paid every other Friday.

Thanks, Dave at VA

 

[CountryBoy]

Does anyone know the deadline for changing new contributions. I am planning on starting to put future contributions into C,S, and I but wonder when this has to be done to ensure I get the best chance to optimize them. I get paid every other Friday.

Thanks, Dave at VA

You've probably missed today, but I would think it would be in effect for next Friday for sure. Mine seem to take effect overnight a day at the most. I never have really been to concerned about it, since I get paid every other week.

CB

 

[Davehop21]

Thanks, I just wondered based on the market when was sort of a deadline so I could pick and choose which fund would be the best by say on maybe Wednesday. Appreciate your insight.

 

[KevinD]

A while back there was some discussion about which check the contributions were coming from. Something about the contributions hitting the account on Wednesday and not really sure if it was from your last check or the next one. There seemed to be 9 or 10 days of interest at stake...

Anybody remember that conversation and did anybody ever figure out the result?

 

[Davehop21]

I guess I am going to use my first IFT for Oct and put 25% in the C.

 

[Davehop21]

Ok I have an IFT left for Oct. I wonder if I should use it today and what % to use. I like the C fund and am thinking 50%. Any suggestions????
Dave at VA

 

[Davehop21]

Good afternoon everyone, Can someone please explain why an IFT has to be done before noon? I am curious because the market closes at 4. Why not say 3:30 OR so??

Dave at VA

 

[Minnow]

Much discussion about this on various threads.

Simple explanation: Because those are the damned rules and we can't do a m*^^$&*%%king thing about them.

 

[Christopher]

Late response, but I'm considering burning my last IFT by 1200 Monday, for next week's bump Tuesday thru Thursday. IMHO and FWIW, of course.

Ok I have an IFT left for Oct. I wonder if I should use it today and what % to use. I like the C fund and am thinking 50%. Any suggestions????
Dave at VA

 

[Davehop21]

It seems to me that everyone is searching for the answer. I have made 2 profitable trades in the last 2 months but only with 25% of my funds. I believe like Corepuncher says that the only logical thing to do is fund the Gfund. At least you are making money while we wait for a bottom. Some would say why not buy and DCA on the way down. I think you are just losing money that way. When the time comes be ready to move 50% and then 25% more and finally all in as the market warrants. I may be off base but it seems the only way not to let emotions get involved. Why risk anything when there are so many unknowns.

I do think America will come out of this with a vengeance as our spirits always have but until then I am just going to set it and forget it. I too have considered moving future contributions to C,S,I but have managed to resist and been rewarded for it.

Dave at VA

 

[Moonshadow]

Being rather conservative, I prefer to risk only 25%. The whole idea of contributions going straight into the C,S, or I funds is sort of a shotgun strategy and would probably be more stressful and confusing than worthwhile. But don't listen to me I'm just a ditsey broad...:toung:

 

[Davehop21]

Not a ditsey broad at all just a cat of a different breed.