NSurf9 Account Talk

[nsurf9]

No, but he ate sushie most of today. Tomorrow, I plan to introduce his bros to "my little friend."

 

[nsurf9]

Well, the I fund continues it downward moving frame because of strenghting dollar, and recent and new difficulities in all the EAFE countries. The last time C/S made such a chevron of opposite trends was ~5/05 thru mid-8/05. Not much of a sampling to gain any correlelation, but my guess is the trend will jive in unison soon. My luck, it will be downward.

If the downward frame reverses direction and the prices are a little deep with stochastic elasticity activity, it could generate some very large profits. The problem is the whole darn world's economy worries me.

 

[JTH]

I feel for you. I happened to buy me some I on the same day you did. Not as much as you, but enough to make it sting a little today.

I look forward to seeing how things play out next week.

 

[nsurf9]

On a hot August summer day, today's trading is as bad, cold, wet and miserable a winter day's that I've ever seen, except large bears are rooming this day's streets chanting "the gravy-train is broken . . . the gravy-train is broken." Then, they preceding to eat everything in sight.

Side note: Good post from Squalebear on I fund prospects (still more cold winter days).

 

[Guest2]

Side note: Good post from Squalebear on I fund prospects (still more cold winter days).

Thanks, Nsurf9 for your support. I've added a few more comments since
then and I invite you to check them out.

 

[nsurf9]

The new and persistent deliema in TSP transfers is: Which is worth more: (1) expending your IFT and save 1.5% now, or gaining 8 trading days in a depressed volitile market.

According to TSP, the decision is very easy for someone who has difficulty hitting the correct IFT button.

 

[nasa1974]

The new and persistent deliema in TSP transfers is: Which is worth more: (1) saving 1.5% now, or gaining 8 trading days in a volitile market.

According to TSP, the decision is very easy for someone who has difficulty hitting the correct IFT button.

What the FRTIB would really like to see is that all of us put our money into the "L funds" Then they can manage our money the way they want to. Not us managing our money.


May the force be with us.

 

[caymanbrac12]

That's criminal!

Just out of curiousity was that Grizzly attacking someone or there family or did he pose an imminent threat to the surrounding population or was he killed for sport???

cayman

 

[luv2read]

Just out of curiousity was that Grizzly attacking someone or there family or did he pose an imminent threat to the surrounding population or was he killed for sport???

cayman

Sport, on a bear hunt.

http://www.avnut.com/Bear_Story.html

http://www.fs.fed.us/r10/ro/newsroom/archive/bear_legend_advisory.shtml

 

[JTH]

Just out of curiousity was that Grizzly attacking someone or there family or did he pose an imminent threat to the surrounding population or was he killed for sport???

cayman

Killed for sport, meat, hyde, ect...

 

[nsurf9]

He was eating Wall Street traders while on vacation.

 

[luv2read]

now THAT's funny!

 

[nsurf9]

The I fund has benefited all morning from a dropping dollar. One small dollar tick up, and the I fund goes into a skid. Unbelievable.

 

[nsurf9]

Now, do I pick-up my 2 I-fund cents tonight like last night and go back to G-fund tomorrow; or, do I subject my retirement (TSP's funds) to more I-fun risk? Don't answer, it retorical.

With no IFTs (except back to G), I've been whip-sawed, hammered, and shorted while in the I-fund since August 14, and, it was already deeply in loss.

Please let September 1 come quickly.

 

[nsurf9]

I'm so exasperated at the IFT limit, I'm at the point of filing an injunction, gutting my account with a loan, or both.

Can anyone tell me why a US Federal District Court would not have subject matter jurisdiction over the TSP Board and its action?

Does anyone know an attorney they can talk to?

I'd hate to muck-up a good argument but, if not, I ready to go it alone.

 

[Birchtree]

Your frustration is noted but you would probably be better off emotionally to step back and not treat your TSP account with such reverence - there are many other alternatives that could suffice to scratch your investment itch. Keep your TSP account active and simply stretch out for other opportunities - you'll have more freedom but be faced with the ongoing tax consequences. Utilize the tax deferral option and the free IFTs to trade within the confines of TSP and move forward with other more profound options that will allow you the flexibility to make much greater wealth. It's a completely different arena out side of a defined benefit program - where you can exercise the purchase of individual stocks or ETFs or even different mutual funds. Right now at our current bottom I see the situation as completely wide open - the best buying opportunities since the 2002 bottom.

 

[nsurf9]

Thanks Birch, I needed that. I'll go get a beer and a series 7 license now.

 

[Steadygain]

Thanks Birch, I needed that. I'll go get a beer and a series 7 license now.

This is just a reminder: You have a lot of talent and have already shown your outstanding skill with the TSP. Lately things have been gloomy for everyone - but things will turn around.

In the years to come I'd bet your TSP will really pay off well.

 

[JTH]

I feel your pain NSurf, as I bought a chunk of I on the same day you did:laugh:
I have no plans on selling it at a loss, if I can prevent it.

I don't always agree with Birchtree, but on this issue I whole heartitly concur. I look forward to opening up a seperate account and not focusing as much on my TSP account. There's money to be made on the outside and I intend on making it.

 

[Birchtree]

As an example, when I fully liquidated my position in AKS last year I clocked over a $100K profit and proceeded to turn right around and put that money right back to work building my continous base. And there it was when I filled out my schedule D - at least it was all long term capital gains at the reduced 15% rate - if Nobama gets elected all these rates will increase and no one will sell stocks until the next election cycle.