rangerray's Account Talk

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I'm trying to figure out how the one person has over 11% for the month. Other than getting real lucky with their IFT's.
 
rangerray said:
Call me lucky, call me smart...I'm buying today's dip. As of COB today, I'll be 100% S Fund.
Click to expand...


I say this as a throwback to an old 70's sketch Chevy Chase did on Saturday Night Live which must have been during the gas shortage. I can't find a relic on YouTube, but the sketch opens with him pumping gas and initiating a lofty speech with, "Call me lucky, call me smart..." about all he's doing during the crisis to save gas and all the while his pump is overflowing onto the ground, seemingly without him even noticing. As a kid, I've always remembered that amusing sketch and so anytime I do something with an air of expertise, I start off with "Call me lucky, call me smart.."
 
rangerray said:
I say this as a throwback to an old 70's sketch Chevy Chase did on Saturday Night Live which must have been during the gas shortage. I can't find a relic on YouTube, but the sketch opens with him pumping gas and initiating a lofty speech with, "Call me lucky, call me smart..." about all he's doing during the crisis to save gas and all the while his pump is overflowing onto the ground, seemingly without him even noticing. As a kid, I've always remembered that amusing sketch and so anytime I do something with an air of expertise, I start off with "Call me lucky, call me smart.."
Click to expand...

You got me looking up Chevy Chase quotes now. Here's one that might fit the situation in a roundabout way:

Remember Danny, two wrongs don't make a right, but three rights make a left.
 
So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.
 
rangerray said:
So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.
Click to expand...

I can second that! I’ve been (mostly) languishing in the G Fund except for a few occasions of jumping in at 50% since I’m planning on going December 31st. I made the jump to S at 50 last week at the wrong time and promptly lost 8%. Screamed at myself for moving and losing so much then got past the mental block of “Man it’s gone!” and realized that just because I’m retiring in 6 months doesn’t mean I can’t stay in the TSP and eventually make it back again......maybe?! :blink::smile:
 
rangerray said:
So, now the question is whether to stay in or not. I've made some good and bad calls recently, but mostly good. Fortunately, most of the bad calls were one's that left me sitting out of the market while it ran away to the upside. That's probably the least worrisome problem to have compared to being in the market when it's falling.

Being close to retirement, I'm tending to be a little more conservative, so when some folks are getting 24 % end of year returns, I'll probably get 12%. I'm OK with that. And I have been telling myself that for years, but just because I'm retiring soon doesn't mean I'm completely out of the TSP either. I can still work with the cash that's in there. I think it's probably a little psychological mumbo jumbo going on that makes me feel a need to have that perfect TSP grand total before I cut the ties to a good paying job.
Click to expand...

I've stayed aggressive since I retired in 2012. Retired CSRS so I figured why not chance it. I've been burned a few times.
 
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