justbizness45's Account Talk

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Amazing C Fund $9.80.:blink: Who would have predicted that a year ago? I am still 80G/10C/10S. The S&P hit my 860 today but I didn't pull the trigger. I may regret it tomorrow but I decided to wait one more day. If the market is down in the morning I may buy in as long as it doesn't crush 840. I sold at 954 so even if the market goes up a couple percent after 1200 tomorrow I should be in pretty good shape if we stay in the trading channel. I will probably be out Friday or Monday depending on what happens if I go in. The down side is that 750-800 is as easily attainable if 840 doesn't hold. I am continuing to DCA my contributions in at these low prices. One IFT left this month and I want to make the most of it. I will be making my decision around 1100ET tomorrow. My two cents or .002 shares of C. :nuts: Good luck to everyone!!
 
Jb wrote:
Amazing C Fund $9.80.:blink: Who would have predicted that a year ago?
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Think of the original TSPers who bought in at the original prices of $10.00. It's like they were just starting. I haven't been in TSP long - since 2005- I wonder if shares have ever been split like real stocks are. Anyone know?
 
XL-entLady said:
That's no kidding. By the way, love your new tag line. Oscar Wilde is one of my favorites and has been ever since I read, "I can resist anything but temptation." :laugh:

Good luck,
Lady
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Good one!!, a little Shakespeare for you:

So good a lady that no tongue could ever
Pronounce dishonour of her. - Henry VIII II,3

Thanks for stopping by m'Lady:D
 
wv-girl said:
Jb wrote:

Think of the original TSPers who bought in at the original prices of $10.00. It's like they were just starting. I haven't been in TSP long - since 2005- I wonder if shares have ever been split like real stocks are. Anyone know?
Click to expand...

I don't think so. I was pulling some fund history off the TSP website and prices don't indicate there was ever a split. Thanks for stopping by!!
 
wv-girl said:
Think of the original TSPers who bought in at the original prices of $10.00. It's like they were just starting. I haven't been in TSP long - since 2005- I wonder if shares have ever been split like real stocks are. Anyone know?
Click to expand...
It gets worse. Share prices were created for all funds in June of 2003 at $10. This doesn't take dividends into consideration, but had they started earlier, hypothetically the C fund would have been near $15 a share at the market peak of 2000, and $10 back at the end of 1997. Basically 11 years of no gains. This is why Friends Don't Let Friends Buy and Hold. :)

temp4.gif
 
Thanks Tom -- Great chart. :)

tsptalk said:
It gets worse. Share prices were created for all funds in June of 2003 at $10. This doesn't take dividends into consideration, but had they started earlier, hypothetically the C fund would have been near $15 a share at the market peak of 2000, and $10 back at the end of 1997. Basically 11 years of no gains. This is why Friends Don't Let Friends Buy and Hold. :)

temp4.gif
Click to expand...
 
Wow what a day. I didn't see the last three hours of trading coming. The 20% I had invested did very well today. The other 40% I added at COB today cost significantly more than planned. But it was an up day and that's what matters!!:D Looking for an up day tomorrow and I will start taking some profits. 950 is my target for profit taking. I will be out by Tuesday at the latest. 2 to 3 day rallys seem to be all this market has been able to put together lately.

Tom, thanks for the great post. I never considered it before but the reality is these funds are so new this is the first bear market they have ever faced. So this is new ground for the funds and TSP.
 
Today I did my 3rd IFT for the month. I moved <1% each into C/S/I and transfered from F to G. The transaction was accepted no problems. Thanks SB!!:D I am currently 20C/20S/10I/5F/45G. I didn't get it into the tracker so I am a day off but will update it for tomorrow. Cost me a little at the end of the day with the bounce back up but it was a successful experiment. I bought C/I at a little higher price and S at a little lower price and sold half my F. The market is still primed for a bounce up, all it needs is a little methane from the bull. :nuts::laugh: Hope we all have a great day tomorrow!!
 
Futures are up! First time this week I think. Maybe the R...Y everyone has been waiting for starts today. We just need to hold any gains in the last hour and that has always been the hard spot. Put your caps on.....

View attachment 5114

And let's try to be positive into the holliday week.:):blink::nuts:
 
Still 44G/6F/20C/20S/10I. Didn't do an IFT today but will probably do one Monday. Today's rally needs some steam. My break even for this time in is around 900 on the S&P. Anything above that I will start taking profit to reduce my deficit. All the "experts" along with several of our venerable members seem to think there is still a world of hurt coming and I don't disagree. I don't want to be in the market when that one happens. The latest I want to be in is Friday next week. I don't want to be in on Monday when the Black Friday sales data reveals it was really Red Friday.
 
With today up early I didn't do another <1% IFT. I just let it ride and it was good.:D I am still down 2.5% for the month but a drive up to 900 should break me even on the C. At that point I will start reducing my exposure. S seems to be lagging some on this rally based on the S Fund TSP prices. Either way I am out COB Friday if not before. On the negative side the S&P hasn't managed 3 days straight of gains since 10,11 & 12 September. Or maybe that just means we are due...:rolleyes: Still 44G/6F/20C/20S/10I Good luck tomorrow!!
 
I got out of stocks COB today. 94G and 6F. I am going to ride F for awhile with minimum exposure and see where she goes. I recovered a bunch but will still end the month down a little. Good luck to anyone still in.
 
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