DreamboatAnnie's Account Talk

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I agree with you DBA. if the Greece thing wasn't front and center I'd be in 100% right now. I think the US market has room to run, especially C and S for a while. I'm hesitant about the dollar until the EU moves in quantitative easing for their economies. That should be happening now or soon according to what I've read elsewhere. All the best in your investing.

FS
 
DreamboatAnnie said:
More on Greece.article. 2 hrs old. Best wishes to everyone on your investments!!!!!!!:smile:


Greece's Tsipras in crunch debt talks with creditors - Yahoo News
Click to expand...

I'm hoping that either Greece defaults now or if they reach an agreement they'll wait til I get my July IFT's! Ha!
'Greed is good' - Gordon Gecko

But seriously, how can a country that has the economy of Wisconsin be such a big deal one way or the other? I just plain don't get it. Would welcome any enlightenment on why 'Greece' is such a big deal. Thanks in advance! :smile:
 
exnavyew said:
I'm hoping that either Greece defaults now or if they reach an agreement they'll wait til I get my July IFT's! Ha!
'Greed is good' - Gordon Gecko

But seriously, how can a country that has the economy of Wisconsin be such a big deal one way or the other? I just plain don't get it. Would welcome any enlightenment on why 'Greece' is such a big deal. Thanks in advance! :smile:
Click to expand...

From what I've read, the fear is that while Greece is not very big, its default and exit could rattle the European Union as more counties also are having issues including Spain, Italy and Portugal. I guess in a way its like when the South tried to break away from the U.S. It presents the possibility of a further breakdown. :worried: I really haven't heard any other reason. Also, it appears that Germany has the most to lose and has lent the most out of the european countries....or so I understand. :o
 
DreamboatAnnie said:
From what I've read, the fear is that while Greece is not very big, its default and exit could rattle the European Union as more counties also are having issues including Spain, Italy and Portugal. I guess in a way its like when the South tried to break away from the U.S. It presents the possibility of a further breakdown. :worried: I really haven't heard any other reason. Also, it appears that Germany has the most to lose and has lent the most out of the european countries....or so I understand. :o
Click to expand...

So the fear is Greece defaulting will start some kind of negative financial 'domino effect'? Never thought of that.
Thanks for the feedback DBA! :smile:
 
Greece, Greece, Greece.

First video is a guy driving around (talking about 'Greece' situation) and basically saying 'buy when there's blood in the streets' kinds of stuff and he economically 'philosophizes' a bit. If you let the video end it automatically takes you to further videos (one is a Financial Times video) discussing 'Greece's economic situation and it's impact (or lack thereof) on the rest of the world:

https://www.youtube.com/watch?v=sBJaecJwyZo
 
Whipsaw said:
Could be! =:-o
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I've decided to wait another day to jump back in. My thought is to go in 25% C, 25% S and 15% I fund - for 65% total investment.

But holding off today. Hoping that waiting a day is not a lost opportunity. But with China and now Puerto Rico in the mix, i guess it is anyones guess what will happen. It does seem Greek people have blinked but a bit late. So tomorrow, they default. Maybe better buy opportunity tomorrow. Will see. Best wishes to all on your investments!!!!!!! :smile:
 
DreamboatAnnie said:
I've decided to wait another day to jump back in. My thought is to go in 25% C, 25% S and 15% I fund - for 65% total investment.

But holding off today. Hoping that waiting a day is not a lost opportunity. But with China and now Puerto Rico in the mix, i guess it is anyones guess what will happen. It does seem Greek people have blinked but a bit late. So tomorrow, they default. Maybe better buy opportunity tomorrow. Will see. Best wishes to all on your investments!!!!!!! :smile:
Click to expand...

I like the way you're thinking, though I may take a little more of a wait and see approach... Any insight on the 20% drop of late in China and how that may impact?
 
Whipsaw said:
I like the way you're thinking, though I may take a little more of a wait and see approach... Any insight on the 20% drop of late in China and how that may impact?
Click to expand...
Hi Whipsaw! I'm not sure about China. Sometime back, BT listed countries that the I fund is invested in. As I recall, the I fund was not invested in China. But it did include Japan, Singapore and Hong Kong. So based on that, I would think the stock drop in China would not affect the I fund. However, with everything becoming so global, I should think China would effect our large global corporate US based stocks (like C fund) if their economy is effected and they start to buy less. Just the thought of that could have an immedate effect on our market prices.

In any case, i read this article and it explains quite a lot about China. Best wishes to you and everyone on investments!!!!!:smile:

China

Link to I fund details and list of countries: (Greece not included)
https://www.tsp.gov/PDF/formspubs/IFund.pdf
 
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Not sure why but each time I try to post, I get thrown out and need to resign in.. I decided to get feet wet. Moved into S fund 40% and C fund 20%. NO to the I fund at this time.... still think it has more downside. Back on Friday, I wanted to enter the S and C fund based on the indicators. So hope that it gets back on track soon. If not, I guess I will be crying in my coffee or beer ! Will see.... Best wishes to everyone on their investments!!!!!!!! :smile:
 
Well let's see. Does it go up or down today. I am kinda tired of looking at this market every day. Think I need to work on a much longer term strategy. I think its very high risk to be in market right now, but indicators were ripe for entry back on Friday. Every time I go against it, I lose.... but then again the indicators do not predict and certainly cannot take into account what is happening in the World.

So here is what my crystal ball is telling me---Greek people will vote for austerity, but PM will NOT bend to their wishes. Some how it just seems like something else is going on behind the scenes with Greece -- China or Russia coming to the rescue. That would cause one heck of a drop as would a terrorist attack this weekend. I am thinking about exiting today, but I will likely stay in with hope that whatever happens will be short lived---but I am setting a bottom/exit point. I can only stand to lose so much. Right now I am doing okay for the year.

I would hope that a Greek exit, if it happens, would have only a temporary affect on market.... then again.... someone is going to eat the costs of Greece not paying and that would be Europe. So I can see the I fund dropping even more if that happens. I should think the European investors would be working very hard to make sure that does not happen... but you can only squeeze so much blood out of a turnip, and the Greek PM does not seem to be interested in paying the money back at this point.

Will be watching markets closely each day. Hope this does not spiral down out of control. Burro would probably love to see that happen because he likes excitement or pain or something crazy like that!! :smile: But then again he is out right now so no skin in the game.

Well it would present a possible buy opportunity for the I fund, but I would be cautious on that as well.... no telling how long it takes to rebound. So a buy into I fund mid-next week is a risky possibility. Does anyone have any thoughts they want to share on that? I wonder about that.

Best wishes to everyone on your investments!!!!!! :smile:

Then again maybe PM will go with it... latest article I just read.
Markets bounce on leaked Athens bailout memo
 
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Sunday's referendum should clarify the picture.

Some relevant(?) stories:

Greek government 'may resign' if it loses referendum

Greek government 'may resign' if it loses referendum - Yahoo News

Opinion: ‘Spectacular rallies’ await investors who buy Greece now

‘Spectacular rallies’ await investors who buy Greece now - MarketWatch

I think the Greek people will see accepting austerity measures as a way to get the banks back open and the 'referendum' itself is a political maneuver by Tsipras to cover his butt.
 
The I fund is getting more attractive. But still wonder iT might come down more tomorrow. Meeting tomorrow by European creditor .. Might not be good for Greece. But it an go either way...still debating! Bestwishes to all on investments!!!!! :smile:
 
DreamboatAnnie said:
The I fund is getting more attractive. But still wonder iT might come down more tomorrow. Meeting tomorrow by European creditor .. Might not be good for Greece. But it an go either way...still debating! Bestwishes to all on investments!!!!! :smile:
Click to expand...
I stayed out of I fund. Will see how tomorrow goes with US stocks. I jumped in last Tuesday at very low prices and with last couple down days I am down about1/10th of 1 percent. Still okay. But with China looming and Greek issue unresolved, not sure
i want to stay in much longer. Will see.... Best wishs to all!!:smile:
 
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