Kave's Account Talk

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nice work as always kave.

speaking of finishes, i was just thinking the other day what i should treat that ecig box you made for me with? i have occasionally wiped it down with a wet cloth to clean and dust it off, but shouldn't i be putting something like a wood oil on it from time to time to keep it in good shape? what do you recommend?
 
Thank you Burrocrat! Your vape box was finished with a mixture of poly, boiled linseed oil, & mineral spirits 1:1:1 ratio (3 coats). The finish should last a lifetime. I would use a furniture polish occassionally instead of a damp cloth. Just my 2 cents.
 
Hey I made these last week. Two of the Coasters are Pine the rest of it is Red Oak, ran out of Red Oak!!:laugh: Stained and Polyurethane.
Coasters.jpg
 
IFT executed actually COB Friday to L2020 Fund. The L2020 current fund breakdown is G - 44% F - 5.6% C 27% S - 8% I - 15%

I wanted a mix with a good % in G Fund so instead of mixing it myself I just chose an off-the-shelf product.
 
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Kave is ALL IN :sick: The pucker factor is affecting my ability to blink :blink:! IFT executed effective COB today C Fund 35% S Fund 35% I Fund 30%. C'mon Janet!!!
 
Ok, I can honestly say, "I know Nothing About How the Stock Market Works and Marketing Strategy". Remember about 6 weeks ago the market tumbled due to "The Suggestion" that the Fed would raise Interest Rastes????

Well in my neanderthal thinking recently I went All In because I didn't think Janet would not pull up that skirt and give us a rate hike. Well,,,, she didn't and guess what the Bears have bit ole Kave in the A**. I just don't get it.


IFT initiated effective COB 100% to G Fund.
 
Ok I haven't posted in a long time. I've made a couple moves recently but didn't post. But I've decided to post today the TSP move I recently made.

Full Disclosure: "2015 was a bust for me market wise." I realize I'm not sitting on that lily pad all by myself but my situation may be different from others perched there along side me.

As of yesterday, I am 50 Mondays from retirement. I have computed retirement and run too many TSP scenarios to count. As of the beginning of 2016, I am just over the minimum TSP balance I need in order to take home my current salary into retirement. As for me and my house, we have decided to not make any moves (market, budget or otherwise) that would result in delaying my effective retirement date of 12/31/2016. So I have decided to play it safe and as of COB yesterday moved my TSP to the L 2020. I realize I could G Fund it or L Income Fund it but I've decided this is the best move for me & my house. I'm not smart enough to figure this stuff out, 2015 proved me that! I will continue to monitor the TSPTalk Forum and may occasionally post to a thread but I'm off the roller coaster. This market is mucho loco man!

Good luck to All!!
Kave-Away
 
nnuut thanks! and I like ya'll as well! I will be here I'm just off the yo-yo ride man!!! When/If the DW & I rv through BP Ga, I'll be lookin you up and I will buy the KOLD BEERZ!!!
 
kave said:
nnuut thanks! and I like ya'll as well! I will be here I'm just off the yo-yo ride man!!! When/If the DW & I rv through BP Ga, I'll be lookin you up and I will buy the KOLD BEERZ!!!
Click to expand...


Come on that would be fun.
 
Okay folks, kave is looking for fund advice. I decided to be specific about what 'ADVICE" I asked for because if it's anything here like it is elsewhere in my world I get more ADVICE about crap I'd just soon do without!!!


So here I am with a pending retirement date of December 31, 2016. I am currently in the L-2020 fund and my TSP balance is above what I need to retain my current salary in retirement. I don't have to tell you folks that the market has been on an up swing lately and I can't keep from looking in my rear view mirror thinking this SOB gonna fall.

So here's my question: Given my specific circumstance, if you were me would you be IN or OUT of the market for the near future?

Thanks in advance,
Kave
 
The market is in a strange place right now, fundamentals look bad and the economy is slow, yet the market keeps climbing (see my thread re. FOMO and TINA). From what I've read, the market keeps climbing without the fundamentals to support it could lead to a bubble and they tend to pop. Sounds like you got a pretty good nest egg, you may consider safety in the G-fund until after the next election; I suspect all the hocus pocus keeping the market afloat will somehow go away when the dems loose the WH (conspiracy theory). Do you plan to put it all into an annuity? If so, unless you're nimble and on top of all the goings on daily, move to safety. Just my thoughts.
 
Whipsaw said:
Do you plan to put it all into an annuity?
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Whip, I do not plan to put it into an annuity. From what I've digested regarding that option is that the owner loses control of the nest egg any gains above the annuity return goes to investor of the annuitants $. An annuity return is what I've based my retirement on (taking the conservative approach). Yeah there's a guaranteed income stream but, you lose all control of the investment. I plan to make a withdrawal to pay off a small mortgage balance, keep the remaining balance in TSP more than likely the Income fund and set the cruise control. Similar to an annuity but I don't want to be sitting completely out of the game should we experience an event similar to 2008 where there was a sh*t pot load of coin was made within a few years of the crash.Thanks for your insight and words of wisdom!
 
If I was that close to retirement, I think I would make sure the bulk of my money was safely in the G Fund and maybe just keep a little play money out. I think if the market were to crash, that you'd have plenty of time to get back in and reap the rewards. IMHO
 
I retired 2 years ago this coming May and I was fully invested until yesterday. I have not and never intended to draw from my tsp ,so I thought I had time for things to come back around if we did drop. By the way I stay fully invested during the drop in 2008 and made it all back and then some. The reason I moved out yesterday 65 F 15 C 15 S and 5 I was I have been hearing the same rumblings as everyone else and my financial advisor recommended that 65% go to bonds especially in this election year. Before changing I checked my balance and was surprised to see that my account was up 14000 in 2 years that's all gains since no longer able to contribute since retiring. It had me thinking twice about changing but I did anyway. At the time I retired I didn't see any reason to jump n run out of stocks when momentum was still climbing,this election year thingy adds a different factor. Long story short everyone's situation is different and you need to look at the whole picture. I'm pretty much a buy and hold so we will see how long I hold this position. I along with others have posted on the retirement thread with tidbits of advice check it out. Good luck and hang tite your time is near.
 
GUCHI said:
I retired 2 years ago this coming May and I was fully invested until yesterday. I have not and never intended to draw from my tsp ,so I thought I had time for things to come back around if we did drop. By the way I stay fully invested during the drop in 2008 and made it all back and then some. The reason I moved out yesterday 65 F 15 C 15 S and 5 I was I have been hearing the same rumblings as everyone else and my financial advisor recommended that 65% go to bonds especially in this election year. Before changing I checked my balance and was surprised to see that my account was up 14000 in 2 years that's all gains since no longer able to contribute since retiring. It had me thinking twice about changing but I did anyway. At the time I retired I didn't see any reason to jump n run out of stocks when momentum was still climbing,this election year thingy adds a different factor. Long story short everyone's situation is different and you need to look at the whole picture. I'm pretty much a buy and hold so we will see how long I hold this position. I along with others have posted on the retirement thread with tidbits of advice check it out. Good luck and hang tite your time is near.
Click to expand...

Completely agree with you. If I did not depend on my TSP for income, I would stay invested as well. Sorry, I forgot to mention that. :smile:
 
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