Hello

[anthonyovitt]

Hello everybody. My name is Anthony. I am on active duty, and have been in the Marine Corps for over 13 years. I started contributing to the TSP almost a year ago now after going to a finance class before we left for deployment, and I can say that it's something that I definetely wish I started doing when I first joined. It seems like alot of servicemembers do not get very involved with their TSP accounts. Most of them don't know their user name and password. Some don't even know they are contributing until somebody shows them on their LES. Some just keep everything in the G fund or whatever fund they have their funds originally allocated forever. I try to stay involved with where I put my money and want to get max return for my investment, which alot of times backfires on me.

After seeing alot of losses in my account for about the first week after the election, I got pretty frustrated and actually got on google to try to find better investment strategies in order to avoid such losses, and I came upon this website. You all have been pretty insightful, and I thank you.

It seems like it can be quite simple to look at charts and IFT money from fund to fund whenever there are high tops and low lows. After looking at charts non stop over the past couple weeks I also see that historically in December, after Black Friday there seems to be a huge potential for gains. I look forward to see investment strategies during the holiday season and how you all react to current events, in particular the fiscal cliff and how you all approach that situation in the coming weeks. It seems like their are spikes any time the president gets behind a podium. I definetely look forward to learning from the experienced guys. Thanks.

 

[JimmyJoe]

You've already got some clues., i.e. the President speaking affectin stocks. Look at the monthly charts provided occasionally, that show past trading days. Watch and learn from Birchtree, although he is usually always "in". Consider a premium advisor, although they can be wrong too. Hard to provide good info with only 2 moves a month. Here's a tip. Always have at least 40 or 50 percent or more of your money "in" at the end on the month. That way you won't have to waste a move to get in at the first of the month. So with much of your money in at the first of the month you won't miss out on any gains that occurr on the 1st day or the first week. Now if I can take some of this advice myself, I'll do all right. Good luck.

 

[tsptalk]

Welcome anthony! Thanks for joining us.

 

[Frixxxx]

Welcome Anthony,

Great points about fellow servicemen and women not being involved in their finances. You've proven to be a leader in the Marines, now get them Marines motivated on their financial strength and power.:nuts:

Good Luck!

 

[nnuut]

Welcome to the Board anthony. Stick around and pass the word to your friends, there is a way to make your money grow faster. That's what we are trying to do here.
Best of luck.
Norman