nasa1974's Account Talk

[nasa1974]

From MSN Money.

A stock-market bear signal is at a more-than-4-decade high, says Goldman

Mark DeCambre


A stock-market bear signal is at a more-than-4-decade high, says Goldman


"A gauge of bullish and bearish momentum in the U.S. stock market is ringing alarms for strategists at Goldman Sachs.

The investment bank’s so-called bull-bear indicator, which examines five market factors, indicates that the likelihood of a bear market occurring is at its highest point since around the mid-1970s."

 

[nasa1974]

Well after the ride on the "S" fund roller coaster yesterday I am changing into a fresh pair of sticky pants today. Hope the future rumors are true. Not looking to getting it all back but fingers crossed for half. :blink:

Good luck everyone.

 

[nasa1974]

From Govexec.com
https://www.govexec.com/



TSP Board Approves 16 Percent Increase in Budget

• By Erich Wagner September 17, 2018

https://www.govexec.com/pay-benefit...ercent-increase-budget/151316/?oref=top-story


"The board overseeing the federal government’s 401(k)-style retirement savings program voted unanimously Monday to approve a $360.6 million budget for fiscal 2019, a 16 percent increase over current spending."

"As a result of increasing participation, although next year’s budget marks a 16 percent increase overall, the uptick is only 8 percent, or $5, per participant. TSP Executive Director Ravindra Deo said at a board meeting Monday that a number of ongoing enterprise projects also contributed to the higher budget."

 

[Mcqlives]

Wonder how big their bonuses will be? Bet ya they will be way higher than 16%...

 

[nasa1974]

Great day yesterday. Let's hope the market doesn't give a big chunk of it back today. Still 5.49% down for the month.

 

[nasa1974]

Well it looks like we are trying to give it all back today. :soapbox:

 

[nasa1974]

test

 

[Mcqlives]

test

ummm...Ignition?

 

[nasa1974]

ummm...Ignition?

I've had problems all week posting and I sent a quick post to see if it would work.

 

[Whipsaw]

All systems go! We have lift off!

 

[nasa1974]

We had liftoff yesterday early and then it turned into an abort and a near disaster.

 

[nasa1974]

October hurt. One of the worst months I have had in a long time. :banghead: :buttkick: :Flush:

 

[Whipsaw]

I think my worst month to date. :suspicious:

 

[Mcqlives]

98 was my worst time...thank goodness my balance was only 5 digits back then!

 

[BamaAF]

98 was my worst time...thank goodness my balance was only 5 digits back then!

Lost a cool 100K in 98 - foolish me lost my nerve and jumped out after riding it down and missed the ride up - no telling what that $$ would have turned into later

 

[PessOptimist]

98. Remember it well. First year I could have a TSP. All coworkers were telling me to put it all in C, whatever that was. We are all gonna be rich.Then a few months later it was "I hope you didn't put money in the C fund. None of us will ever be able to retire".


G paid about 6% that year. I spit it up between G F and C and contributed about $5k that year. EOY balance was about $8k. Earnings during the year were often negative. I was lucky I was not paying attention to it.


PO

 

[nasa1974]

Well, yesterday finally got me out of negative territory. Unless the market goes crazy I don't think I will see a double digit increase this year. But for now that's OK because it's always nicer to be on the positive side.

 

[nasa1974]

Not a good way to end the week. Looks like we are giving back Wednesday's rally and then some. :banghead:

 

[nasa1974]

Should have bought stock in sticky pants. :nuts:

This roller coaster ride is starting to make me nauseous.

Actually held the rally to close yesterday. Fingers crossed for a nice closeout for the week.

Not even looking to make some kind of profit for the year. I just hope I can finish out the year with the same numbers I had at the beginning of the year.

 

[nasa1974]

Happy Thanksgiving everyone.

Have a safe weekend.