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am i the only one who wonders if the market is going to bail at the end of the day? yes you are (lol) !
is there too much uncertianty going into this weekend with ike, and next weeks earnings reports? yes there is (lol) !
still i'm staying put with my 25% s-fund. yes you did (LoL) !
Still 25% S-fund & as of 17 September down .94%
Now that I've opened up a Roth IRA to trade with, I'll be taking a less a active role in my TSP account. With my new account, I'll be going long with a buy and hold approach with some stops in place to avoid the big pitfalls.
Within TSP, it's just too hard to beat the market. I'm not saying it can't be done, but with 2 IFTs and having to settle on the end of day price, I've had better luck at the Craps tables in Vegas... At this point I won't be able to recover this year's loses.
For those of you beating the markets, you should be proud of what you've done under these circumstances. And I want to thank each and every one of you. I've learned so much from everyone here and I'm taking what I've learned and applying it to the market outside of TSP.
Cheers... JTH
What brokerage firm did you go with for your Roth IRA and what factors influenced that decision. Any advice would be helpful as I research my own move in that direction.--Ron
Still 25% S-fund & as of 17 September down .94%
I actually opened up a ROTH IRA through my USAA account. The trades aren't cheap (13.95) but I didn't need to have thousands of dollars to open the account.
The reason I opened the account is that I wanted more flexability and choices. I also wanted to actively manage my account in "real time" instead of the 2 IFT limit and dealing with the end of day prices.
ShowMe has an account I've been watching for months, he helped give me the motivation I needed.
Thanks for the info! Active control in real time w/o having to dump large amts to start is just what I'm looking for.
JTH, I would have paid $139.50 to get trades this last month and been happy. I have accounts with USAA but have not opened up a ROTH. Will consider so immediately.
Putting my -7.05% TYD returns in perspective...
Over the last 8 years my returns have an average of 12.02%
Point being every cloud has a silver lining...![]()
Now all I need to do is make a graceful exit...![]()
MTD 34%![]()
Hey buddy can you spare a dime? So much for my graceful exit to G today. Such is life, and I still have so many positive things going for me like a cold beer and a warm wife...
MTD 34%![]()
MTD 34%![]()
Apparently the beer is increasing my returns...
MTD .34% :embarrest: