The only problem I have with DCA is the fact
my paycheck will only purchase 12 lousy shares of I-Fund (at the going price) at a time. Sitting tight is very frustrating while loosing thousands every other day. I'm out the door (retired) in 11 years. The 10 years I did active duty did nothing for my civil service retirement as it relates to TSP. The way I see it, I've got ten years to turn 6 figures into 7. I just don't see DCA working for me.
What in the hell happened to that Bull Run, Dennis? Is it over? What do you see for the year end result? If this market seizure is going to be a repeat of what happened 8 May thru 12 June last year... I see your point.
For those who missed last year...
The I fund share price fell from $20.95 to $17.73 ($3.72) in just 35 days, and still managed to put up a 26.32% YTD return. Even the best TSP Talk investor
Fundsurfer never caught it while posting 87 IFT's; and this guy really knows investing and market timing.
The above further being put in perspective... the I-Fund has only dropped from $23.41 to $22.06 ($1.35) so far.
I'm not staying for DCA, Dennis. I just see the current situation, and relevant market and economic news, as not being
that bad to warrant an exodus.
Thanks for letting me publicly vent & bend your mind, Birch (and anyone else viewing).
Brian
Don't worry my little lamb chop it will be over soon. This whole endeavor should be regarded as a blessing which will allow further DCAs at lower prices and greater share purchases. Think long term, be right and sit tight. Snort.