-
Welcome to the TSP Talk Forums forums.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, join our AutoTracker, and access many other special features. Registration is simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us. -
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
20% Off Annual Premium Subscriptions!*
Ends Jan 18... Click Here For More Information
* For new or current subscribers -
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
James48843 Account Talk
- Thread starter James48843
- Start date
Bravo Sierra
New member
Quote for the day:
The obvious comeback:
And "conservatives" have forgotten so much that is.
McDuck
Well-known member
James48843
Well-known member
I know I am going to be sorry- but I'm gonna do it anyway.
Going 100% "C" today.
Looking for a pop higher tomorrow.
Nothing in history sustains continued dowward depression for the rest of the month-
1. we've already dropped 15% in "C" for the month,
2. FED trying like heck to stop the bloodshed- rate cut today. If it didn't work, they'll have to do another. And they've flooded the credit market trying to get it restarted.
3. World markets already lost a bundle.
4. I'm already 14% BETTER than the S&P 500 this year, although the S&P is crazy- why not lock in that advantage.
5. We've had now 5 days in a row of significant losses. At SOME point, the market HAS to say "Uncle".
I'm going 100% "C" fund today, for my second move of the month.
Going 100% "C" today.
Looking for a pop higher tomorrow.
Nothing in history sustains continued dowward depression for the rest of the month-
1. we've already dropped 15% in "C" for the month,
2. FED trying like heck to stop the bloodshed- rate cut today. If it didn't work, they'll have to do another. And they've flooded the credit market trying to get it restarted.
3. World markets already lost a bundle.
4. I'm already 14% BETTER than the S&P 500 this year, although the S&P is crazy- why not lock in that advantage.
5. We've had now 5 days in a row of significant losses. At SOME point, the market HAS to say "Uncle".
I'm going 100% "C" fund today, for my second move of the month.
peterson82
Member
This seems like a new and improved beast... I am worried history cannot give us an indication this time around, and it will continue to drop.
CountryBoy
Well-known member
James48843
Well-known member
Incredible-
VIX just hit 58.
Three days with VIX above 50- I don't think I've seen that before.
Incredible.
VIX just hit 58.
Three days with VIX above 50- I don't think I've seen that before.
Incredible.
Corepuncher
Well-known member
They say a lot of it is artificial because of the short ban. Once that lifted, VIX should ease I guess.
James48843
Well-known member
Well, I just wanted to say-
I hereby completely throw in the towel.
I do not have a clue as to where we are going.
I took my shot- did my one out of stocks, one back in move already this month- and I am now sitting in stocks, completely awed at the devastation.
I can't move anywhere except "G", and, with stocks now down 22% for the month, I can't see moving to "G" now, because if the market reverses, that locks in the 22% down.
My only saving grace is that I only was hit about 14% instead of the 22%, because I managed to jump out for two days of that downward crash.
A pox on the house of the thrift board- for mandating only one move in and out for a month.
A pox on all of them.
I hereby completely throw in the towel.
I do not have a clue as to where we are going.
I took my shot- did my one out of stocks, one back in move already this month- and I am now sitting in stocks, completely awed at the devastation.
I can't move anywhere except "G", and, with stocks now down 22% for the month, I can't see moving to "G" now, because if the market reverses, that locks in the 22% down.
My only saving grace is that I only was hit about 14% instead of the 22%, because I managed to jump out for two days of that downward crash.
A pox on the house of the thrift board- for mandating only one move in and out for a month.
A pox on all of them.
TradingJoe
Member
You're not alone. Gotta look at the positive, at least you got some days in G to save some of your hide. Serious spanking on my part being in since Oct. 1. I know I can't bail either now. Put more $ in at these low prices.
Boghie
Well-known member
Moving to 100% Fund Allocation in times like this...
James,
With the market moving 1000 points in a day, and folks in a panic, and short sellers dumping, and hopefully vultures swooping in for carrion I would not make a 100% move to anywhere. This is not a speculator’s market.
Look even at the F Fund:worried: – which nobody buys around here, but… Looking at the fund sheet (very boring and not very informative) you can note that you are purchasing a fund with a 45% holding in ‘Asset-Backed Securities’. Folks, those are ‘Mortgage Backed Securities’. Those securities have obliterated the nation’s investment banks. A 45% holding in that crap. Brilliant, just brilliant.
I wouldn’t even hold a 100% stake in the G Fund. Guess the name of the single fund that the Gubmint can raid if their ‘Debt Ceiling Limit’ has to be exceeded before the Congress Critters raise the ‘limit’. That is right, there is a big slush fund we can lob IOUs into for a few days right over there in the G Fund pile. Certainly the Chinese and Japanese will buy up our kited checks in time. Certainly.
In all, however, I think you will do alright in the C Fund. But, that ‘ok’ may not last more than a month. It may, but it may not. There has been NO direction in this market till recently. So on November 1, I would allocate your assets to a mix that buffers another dump, but gives you Alpha for another burp. If the market dumps another 20%, you will have assets to be a vulture capitalist and will have lost ‘only’ 8% - 10%. If we get a quick bump and level off you can take 12% - 14% winnings off the table. And, if we get what seems to be a sustained recovery you can start averaging out of G/F holdings into C/S/I. Hold that thought…
The F Fund. Maybe not. Anyone want to hold ‘Mortgage Backed Securities’ out there.
James,
With the market moving 1000 points in a day, and folks in a panic, and short sellers dumping, and hopefully vultures swooping in for carrion I would not make a 100% move to anywhere. This is not a speculator’s market.
Look even at the F Fund:worried: – which nobody buys around here, but… Looking at the fund sheet (very boring and not very informative) you can note that you are purchasing a fund with a 45% holding in ‘Asset-Backed Securities’. Folks, those are ‘Mortgage Backed Securities’. Those securities have obliterated the nation’s investment banks. A 45% holding in that crap. Brilliant, just brilliant.
I wouldn’t even hold a 100% stake in the G Fund. Guess the name of the single fund that the Gubmint can raid if their ‘Debt Ceiling Limit’ has to be exceeded before the Congress Critters raise the ‘limit’. That is right, there is a big slush fund we can lob IOUs into for a few days right over there in the G Fund pile. Certainly the Chinese and Japanese will buy up our kited checks in time. Certainly.
In all, however, I think you will do alright in the C Fund. But, that ‘ok’ may not last more than a month. It may, but it may not. There has been NO direction in this market till recently. So on November 1, I would allocate your assets to a mix that buffers another dump, but gives you Alpha for another burp. If the market dumps another 20%, you will have assets to be a vulture capitalist and will have lost ‘only’ 8% - 10%. If we get a quick bump and level off you can take 12% - 14% winnings off the table. And, if we get what seems to be a sustained recovery you can start averaging out of G/F holdings into C/S/I. Hold that thought…
The F Fund. Maybe not. Anyone want to hold ‘Mortgage Backed Securities’ out there.
Last edited:
McDuck
Well-known member
James48843
Well-known member
No. I agree with this guy:
http://www.americanfinance.com/know...- Bible - What the Bible Says About Money.pdf
Show-me
Well-known member
James48843
Well-known member
If we had followed those principles, we wouldn't have a "sub-prime mess".
God is very smart.
In fact, those are just a few of the highlights. You should read the whole book.
It's even better than the movie. :cheesy:
God is very smart.
In fact, those are just a few of the highlights. You should read the whole book.
It's even better than the movie. :cheesy:
XL-entLady
Well-known member
Another one is Matthew 6:1-4. Excellent advice, no matter what a person's core belief is. Have you read the Lloyd C. Douglas book "Magnificent Obsession"?
This was a great way to start the week, thanks!
Lady
CountryBoy
Well-known member
That's the way our Dad raised the 2 of us boys. He always said "You don't make money off your family or brothers in Christ.
CB
alevin
Well-known member
Thank you brother, that was the perfect way to start the week.
fabijo
Well-known member
Awesome response, Jim!
Our great nation and entire world economy is built on usury - one of the worst sins we can commit against each other.
Aren't we long overdue the year of Jubilee?
Similar threads
- Article