Rod's Account Talk

[Rod]

I was 100% G. Effective July 23, I will be 100% S. I will stay 100% S until I make up some losses (hopefully),then I will go 30% C 60% S 10% I and see how that goes.

God Bless:^

 

[tsptalk]

imported post

Hi Rod. Go ahead and create a new topic called just "Rod's Account" and put your transactions and returns there. Then we all can use this "Talk" forumto discuss your strategy and transactions. We do this so we don't clutter up your account and we'll be able to easily go in and see your transfers etc.

Sound good?

Thanks for starting your account. It takes guts to tell the world what you are doing. It can be humbling. I like the fact that you state you are an amateur (which we all are) so others reading can see this account management can be done by anyone.

Tom

 

[Rolo]

imported post

tsptalk wrote:

I like the fact that you state you are an amateur (which we all are) so others reading can see this account management can be done by anyone.

Yeah, and Frizz B. won't feel hoodwinked, too. :dude: <-- Frizz <-- <Grin>

[line]

So, Rod, you are thinking the bargain days are about over then?

 

[Rod]

imported post

I really don't know what to think. Everything has simply been so unpredictable.

But, I do need to make up my losses while hopefully not losing out too much more.

I thought I was all set after Tuesday's gains, then came yesterday.

You see, once I make up my losses (hopefully), then I will shift to a long(er) term strategy.

Currently contemplating that strategy to be30%C 60%S 10%I, and let that ride out for a while and see where it takes me.

God Bless

 

[GTO1970]

imported post

Hey Tom,

Just a suggestion, you can Pummel me if you want

Maybe you could include a new topic for anyone whowants to particiapate can register the login name, date and fund allocation on the same window maybe like a spread sheet set up that way we can see what the herd is doing and maybe take some pressure off you

Example

DateEffective Login G F C S I

23JUL04 GTO5% 10% 20% 30% 35%

 

[tsptalk]

imported post

Let me think about that one GTO.

I'd hate to consider us "the herd" since the herd is usaully wrong at market extremes. At this point, I don't know where the "uncle" point is to see who is right or wrong. Maybe we'll see if the S&P 500 hits 1000 or 1200 first. At 1000 the bears win, at 1200 the bulls win.

 

[Rolo]

imported post

Rod wrote:

You see, once I make up my losses (hopefully), then I will shift to a long(er) term strategy.

ehehehe...That sounds much like, "If I get through this, I'll never drink again!"

GTO1970 wrote:

Maybe you could include a new topic for anyone whowants to particiapate can register the login name, date and fund allocation on the same window maybe like a spread sheet set up that way we can see what the herd is doing...

That is an interesting idea...a snapshot of TSPTalkers' accounts.

hmmm....Some PHP code and a SQL table would likely be the easiest way to do that, that way everyone can enter their own stuff. I'll be delving heavily into writing PHP and SQL code soon, so I can tack that onto my list after I gut and replace PTCrew.com.

 

[tsptalk]

imported post

Rolo wrote:

I'll be delving heavily into writing PHP and SQL code soon, so I can tack that onto my list after I gut and replace PTCrew.com.

What are you doing to your PTCrew.com site?

If you figure it out, I may need to hire you. To go along with this site, I have my full time gov't job and get this, my wife and I just opened up an art gallery in that building I bought earlier in the year. I'm spreading myself pretty thin. It may explain my recent market timing inabilities.

:#

 

[Rolo]

imported post

Neat, an art gallery! Where? I will have to come by and see it on one of my PT trips.

I hear ya, I am finally just about able to chew all that I have proverbally bitten off!

Two main reasons why PTCrew is getting overhauled: I cannot stand this forum software (like some of my trades, it seemed like a good idea at the time, baha) and the needs of the site outgrew having a forum only. I figured that would happen, but not for about a year; I was nine months off. (a good thing)

I thrive on trying new stuff, and building an elaborate site with many bells and whistles is definitely new to my rudimentary webmaster skillz. Particulars here: http://www.ptcrew.com/forums/view_topic.php?id=644&forum_id=20&page=1

My approach is moving from commercial code to OpenSource/GNU. I modded this forum software as much as I can, but open source is much more flexible and mod-able and has the support of an entire community rather than one author. I want to be able to tailor and customise pretty much everything and add just about anything.

Where I am now is learning to write PHP code (modifying is one thing, writing from scratch is another) to convert the current forum's SQL database to the new forum's database format; a simple import/export is inadequate. One learns much more when you have a real objective rather than "exercises" or "labs", much like "necessity is the mother of invention".

Fully customizable themes is a big bonus, too. A preview: http://www.ptcrew.com/v2/


haha, Oh, sorry, Rod, for the threadjack! You were saying 30C/60S/10I...

 

[tsptalk]

imported post

I'd like to talk more about it Rolo. Let's give Rod his forum back and move our discussion here >> http://www.tsptalk.com/mb/view_topic.php?id=375&forum_id=13

 

[Rod]

imported post

I think I'm going to try a short term strategy effective Thursday:

40% C 50%S 10%I

In the past, I said that once I made up my losses in the S Fund, I would diversify a bit more. Well, today was a great day. Since I will be 100% F effective tomorrow, that shouldn't hurt me if stocks don't do that great tomorrow.

I will at least come away with today's great gains, and not worry about losing them tomorrow.

God Bless:^

 

[Rod]

imported post

Change of plans:

40%G 60%I effective Thursday. The I is due a gain soon.

God Bless:^

 

[Rolo]

imported post

Rod wrote:

The I is due a gain soon.

You may want to use the FRO for that. It looks like I may get a little cheaper first.

C is cheap and S is really cheap right now.

 

[Rod]

imported post

Yeah, I'm set to buy 100% S on Friday.

 

[Rod]

imported post

Effective Friday:

Payday allocation: 100%S

Interfund Transfer: 40%C 60%S

 

[Rod]

imported post


Effective Monday, 2 Aug:

30%C 50%S 20%I

 

[tsptalk]

imported post

You're worse than I am with all these transactions. Are you keeping track of your returns?

 

[Rod]

imported post

tsptalk wrote:

You're worse than I am with all these transactions. Are you keeping track of your returns?

I basically print out my balance each day to see what I gained- keeping it simple.

I HATE math, so I don't get fancy about it with percentages and all.

 

[Rolo]

imported post

I just use Quicken to tell me what my IRR (Internal Rate of Return, annualised) is for any given period.

I have to manually update Quicken and the FRO spreadsheet; I do not want to update another thing.

Also, you have to take your contributions into account; you cannot just take the beginning balance and ending balance to calculate your gain/loss.

 

[Rod]

imported post

Rolo wrote:

Also, you have to take your contributions into account; you cannot just take the beginning balance and ending balance to calculate your gain/loss.

Of course... I take everything into account.