Excellent posts from both of you; each conveying a solid philosophy for those with lots of leverage and those with little. Those with little have to guard their losses and wisely choose their gains.
Steady has his head on straight and articulates the general concensus.
With the average American having less then $50,000 in their retirement
accounts, I'd venture to say that the majority of TSP participants don't
have the money nor the leverage to absorb such losses. That is why God
allowed us to go back to the (G) Fund without limitations. With the newly
documented discussions concerning fees for IFT's, I'm now thinking that
God will some day charge us a fee to go back to the (G). The (C) is down
about 20% YTD, the (I) is down about -28%,,,,, It would take you 5 to
7 years in the (G) to make up for such losses, just to break even. Now,
if anyone believes the stock funds will average 13% per year for the
next 2.5 years, please raise their hands! Cause I'm about to layeth the
smackdown on your Bull-Headed ways. (just kidding).

I am one of the
many who do not have the TIME nor the MONEY to attempt such a risky
proposition of buying, loading up, stocking up, polishing my brass balls
or catching a falling knife while the market gives 2% then take away 8%
of my hard earned money. Blessed are those who can. I've been blessed
in other ways. But, working until I die is a real factor I must overcome.
Sorry Norm, I'll try to make my points less spacious, I promise !