Garnertr's Account Talk

[garnertr]

Greetings,

I'm posting this w/ the hopes of learning more about TSP and how to improve my own investing skills.

My name is Thomas Roy Garner, currently, I'm Active Duty, US Navy, I'm currently stationed down in Naval Station Ingleside, Texas at the Mighty MOMAU 15. I've been in for 16-years and have only 4-years left until retirement.

here is what I just reccently did:

I fund currently CSI funds, but as of tomorrow I'm spreading my money an even 20% across the GFCSI.

My allocation is set to 50% C, 25% S, and 25% I.

I may post really odd questions from time to time, so pls forgive me, b/c sometimes I THINK I understand what it is going on in my head but in reality, I not saying it right... so feel free to ping me and I'll be happy to reply.

Thank you.

v/r
YN1(SW) Thomas Roy Garner

 

[nnuut]

Re: Allocation

Welcome to the Message Board Thomas Roy!! Bring on the questions, there are no stupid questions. Lots of very knowledgeable Members here!
Norman

 

[Steadygain]

Re: Allocation

Greetings,
I'm posting this w/ the hopes of learning more about TSP and how to improve my own investing skills.
I'm Active Duty, US Navy, been in for 16-years and have only 4-years left until retirement.
I fund currently CSI funds, but as of tomorrow I'm spreading my money an even 20% across the GFCSI.

My allocation is set to 50% C, 25% S, and 25% I.

There are a lot of smart people with really good info on this MB. Sounds to me like we could learn a lot from you; 50C/25S/25I was a "jack pot" over the past week - then putting 40% in lower risk makes sense to me.
There are quite a few veterans on the MB besides me. It's like I tell a lot of people; there is a huge difference between someone who wears the uniform and one who is a soldier down to their bone marrow. Sounds like you are definately the latter and I sincerely appreciate it. I enjoy the "Lifer Juice" every morning and will drink a cup in your honor today. In the Army - you were known as a Lifer.

You sound like a great fit for this place - welcome my brother and friend - we're honored to have ya.

 

[garnertr]

Re: Allocation

Thanks for the reply, back when I crossed the 10-year mark, it was odd to even think of myself as a Lifer, but, now all I can think of is come one 20-year mark, 20-freaking-years in the military. I can NOT imagine it!

Thanks for the reply...

For those not into military l lingo, a lifer is someone who stays in the military for their basic retirement which is 20-years.

----

For those wondering 'bout my allocation. It is kinda funny. I've had my allocation set in to that 50/25/25 for about a year now. Reason? Complicated Excel Formula? Latest trends in the stock market? Following the advice of Glenn Beck?

Nope.

I didn't have my account number! I look to the aggressive aspect for TSP, since I came in late into the game. For those starting out and possibly becoming a lifer INVEST IN TSP NOW!!!!! But to toot my own little horn I have roughly $24,000 in TSP and I am darned proud of that.

----

Side note whicch I tend to think is funny, upon my first weekend in Aransas Pass Texas (for my next duty station, MOMAU 15), my oldest son broke his arm. Without the military's TRICARE (Health care system), it would have cost me roughly $23,000 for medical bills.

So, THINK HARD about lifes choices, think about cost and analysis, can you afford a simple broken arm? What if you had to take an ambulance? Morphine? Spend the night in a hospital? Don't think it costs much... COUGH COUGH...

All I can rant about is THANK THE GODS I WAS IN THE MILITARY AND I HAVE TRI-CARE!!!

v/r
Tom

 

[EW_ret]

Welcome aboard our site and hope it helps in your quest for heathy TSP returns. There are many smart people here that can help in your understanding market cycles. Some move their money frequently, others maintain a fixed fund allocation, but change it once in a while to reduce bear markets impact. Others maintain a fixed fund allocation regardless of market conditions because they don't have the time to keep watch, and are convinced they cannot predict market behavior.

 

[Idaho Dave]

Others maintain a fixed fund allocation regardless of market conditions because they don't have the time to keep watch, and are convinced they cannot predict market behavior.

They are probably right--THEY cannot predict market behavior. Some here can and do. Not me--don't do what I do. Proven way to lose money. You'll figure out who to listen to and who to ignore.

 

[kar_crazy]

welcome my friend, welcome to the machine G L

 

[FogSailing]

Welcome on Board "G". Watch these guys and you'll learn a thing or two..They are scary in a "fuzzy" kind of way..

FS

 

[garnertr]

Moved 100% into F Fund this morning. Overall looking at previous 12 months for 2008:

F fund is 7.28% everything is is almost double digit negative.

One could argue w/ chasing the WORST performing (C Fund / -13.05%) b/c one can pick up MORE SHARES and WHEN (no if, it WILL) rebound then those low purchased shares will come in handy for a nice gain.

Anythouths?

 

[Corepuncher]

Moved 100% into F Fund this morning. Overall looking at previous 12 months for 2008:

F fund is 7.28% everything is is almost double digit negative.

One could argue w/ chasing the WORST performing (C Fund / -13.05%) b/c one can pick up MORE SHARES and WHEN (no if, it WILL) rebound then those low purchased shares will come in handy for a nice gain.

Anythouths?

Hi there. My two cents would be to NOT go in F. The AGG chart is bearish. G is much better.

Corepuncher

 

[airlift]

In the Bear thread I asked for opinions re the F v. the G funds. It is important to undeestand the fundamentals of the current recessionary/inflationary climate.

 

[Steadygain]

Moved 100% into F Fund this morning. Overall looking at previous 12 months for 2008:

Any thougths?

Honestly it sounds like a good plan.

My main thought is "you're following your heart" and that's the way to go. You've thought it through - it makes sense - and you're comfortable with your decision.

The odds of the Markets continuing lower over the next month or two are everybit as good as them going up. If they go lower then F Fund is you're fastest quick term gain.

 

[garnertr]

Greetings,

Moved my funds around based upon the latest/greatest market moves:

C-Fund - 12-Month - down (10.99%)
S-Fund - 12-Month - down (07.61%)
I-Fund - 12-Month - down (11.64%)

Before my move - 100% = F Fund; After allocation re-shuffle:

F-Fund = 10%
C-Fund = 30%
S-Fund = 30%
I-Fund = 30%

F-fund made 12%, so instead of chasing a winner, my thought is to spread my bets across my favorite C/S/I funds and since they are running lower in price, I'll be purchasing more shares and WHEN the economy comes back up, then I should have a marginal profit.

Let us see as time will tell...

Tom

 

[Guest2]

Good Luck GAR !

 

[Gumby]

F-fund made 12%

Over what time frame?