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I was waiting for a pull back, but I feel impatient. Those two IFT's are burning a hole in my pocket, so I'm spending one on a move to 100% S. Perhaps bad news will push the market higher next week?
Hats off to Sparky714. He broke the 100% ceiling!!!!!
Thought I had seen one. Found it. https://www.tsptalk.com/mb/members-...nt-talk-post643072.html?highlight=#post643072. Apparently Sparky is deployed.sparky714 liked your post. But he or she has no posts anywhere that I can find. But congrats to a well timed move into the "S" fund.
Thanks POThought I had seen one. Found it. https://www.tsptalk.com/mb/members-...nt-talk-post643072.html?highlight=#post643072. Apparently Sparky is deployed.
PO
I finished in the top 30 this year and am beyond grateful. Who would have guessed that I could best a 43% return from where we stood in March? Not me. Anyway, you know how I feel. The glory doesn’t belong to me. But, with that being said, I can’t wait to follow my “gut” in 2021.
I now have 364 days to go until retirement, BTW. I don’t want to wish my life away, but if spring and summer of 2021 could hurry on up, I wouldn’t complain much.
No, I do not. But, I read everyone’s comments here, I watch the news closely and I try and follow trends if I’m lucky enough to identify them.
There’s enough folks on here that are much more analytical about it all that I can sometimes catch a break, but mostly this year I was able to recognize an opportunity back in March with the approaching pandemic.
What I’ve realized much too late in the game is that there will be opportunities like we’ve just been through several times over, say, a 30-year career while contributing to the TSP. The event that opened my eyes was in 2008 and I took a hard look at my account and realized that if I had just paid attention (and acted on what I was seeing) with the market collapse then, I could have been in a much better position with my account today.
The major opportunities WILL make the news. Be aware and don’t be afraid to go with your gut. You’ll be surprised at how often you get it right.
I will add this, and I'm basically saying this based on the action we've observed in the last year: I plan to be very aggressive, as in 100% S or possibly C as often as I can and hope for huge gains. If I'm successful at that, then if the Fund takes a negative trajectory and I lose 2%, 3%, 5% or more, then my losses won't hurt as bad. If my returns are high enough that I can have that buffer, then some of the emotional pain from the loss is removed and I might thereby react with more patience and possibly avoid "selling at the bottom," locking in regret and missing out on a short term rebound because I may have used all of my allotted moves for the month.
If that's a plan, I guess I have one, but a lot of that depends on the market doing unnatural things like we've witnessed since the pandemic began (disconnected from fundamentals).