Squalebear's Account Talk

[Guest2]

Fast and Furious, the Market has served us well in July. But how much
further will it go before a normal week of profit taking and low volume
drops rear their ugly heads. I think it's time to be happy with +8.02%
MTD and avoid being the Hog that I am. I'm making my last monthly
IFT today, back to the (G)arage. Right, Wrong or somewhere in
between, July saved my account and my sanity. I think I'll keep it !


100% (G) Fund at C.O.B. Today

 

[Birchtree]

Shane come back.

 

[Guest2]

Shane come back.

(LoL),,,,,,,As he rides off into the sunset !

Hey, it's only for 10 more Trading Days !

Don't worry ! I'LL BE BACK ! (Governor Reference)

 

[Birchtree]

What if the next ten trading days are like the last four. You'll need a neck brace to prevent strain from looking upwards. I don't believe now is the time to ignore the resiliency of the bull. This market is omnipotent and with over $12 trillion sitting on 0% - it will move and when it does....

 

[Steadygain]

100% (G) Fund at C.O.B. Today

Well when you've been through 'the wringer' there's few things that compare to 'a satisfying level of comfort'

ESPECIALLY when you feel like you've garnished some good returns

Go with your heart my friend; capital preservation is very important.

For me this Rally is a rare opportunity - if it pans out as I'm expecting.

 

[Guest2]

For me, I truly hope the next ten trading days are fruitful for everyone.

In March of 2009 I was down more then -13% on a YTD basis. Since then,
I've gained +15.5% doing what I do ! Not too shabby if you ask me ! Sure,
I wish that my +15.5% came when I was up, but guess what ?

12 Trillion still sits on the sidelines and I didn't miss a thing. Nope, I think
my neck will be just fine because I don't expect to get every percentage
point upward while missing every point downward. I'm pretty sure that I'll
see a combination of both and I'll come out somewhere just above the
middle of the stack.

We just saw a 6.6891% gain in the TSP Stock Funds over the last five
(5) trading days. Its alot easier for me to believe that we'll see some
profit taking before that 12 Trillion hits the Trading Floor. I moved to
the (G) Fund because I believe the next 10 trading days will leave us
below our current levels. It wasn't an easy decision because I'm loving
the Economic Reports that we've seen as of late. Earnings (so far) are
pretty damn good too. News on the "Homes" front are looking better
too. Still, markets don't go straight up, nor do they go straight down.

So, I've locked in my +4.40% gain for the month of July and plan on
looking for that next great entry point. If I'm wrong (wouldn't be the
first time), I'll still be looking forward and not backwards. I'll still be in
the game. But know this, recent events may require me to purchase
a TSP Annuity or Take Monthly Payments sooner then expected. With
that in mind, some may say that I'm playing this market aggressively
and they would be right ! Heck, I might not even have a TSP Acct.
by the time that 12 Trillion comes into play !

 

[Guest2]

Tech stocks did the market well last week. This week, we're in for quite
a few Earning Reports by Tech Companies. Can Tech give equities a boost
and help continue the market's recent rally ? Or will the Fed and Banks
give investors reason to be concerned over inflation/deflation and lead the
market down ?

 

[alevin]

Morning, Squale. Good to see you up and about. Glad you've done so well recently. Hoorah!

 

[XL-entLady]

So, I've locked in my +4.40% gain for the month of July and plan on
looking for that next great entry point. If I'm wrong (wouldn't be the
first time), I'll still be looking forward and not backwards. I'll still be in
the game. But know this, recent events may require me to purchase
a TSP Annuity or Take Monthly Payments sooner then expected. With
that in mind, some may say that I'm playing this market aggressively
and they would be right ! Heck, I might not even have a TSP Acct.
by the time that 12 Trillion comes into play !

First of all, it is so good to see you posting again, and my most sincere congratulations on your July gain! And secondly, it will be interesting to me, if your life road comes to the annuity vs. monthly payments decision, to see which you choose. Because I respect your decision making process so much.

I chose monthly payments. It will be a decade before I can tell for sure if it was the right decision.

Lady

 

[Steadygain]

Hey Squale - hope I catch ya while you're on

I'm going to Harry Potter's movie tonight

FREE POPCORN AND SODA REFILLS

La ya man - and hope you're doing better




Tell Teddy Bear hi for me

Steady

 

[Frixxxx]

Hey Steady,

Me to, Harry Potter tonight!!!!

Hey Lady, been missin ya!

SB, Navy finally got it......I got 100 hours heading your way.....I should get a few more next week....I have to fill the paperwork out for the other volunteers!!!

Y'all have a good night!

 

[Guest2]

Hey Squale - hope I catch ya while you're on

I'm going to Harry Potter's movie tonight

FREE POPCORN AND SODA REFILLS

La ya man - and hope you're doing better




Tell Teddy Bear hi for me

Steady

Enjoy the Magic ! Heck, FREE Popcorn & Soda, I'm down with that ! :toung:
Teddybear says Hi ! Right back at'cha ! We are all doing better !

 

[Guest2]

Hey Steady,

Me to, Harry Potter tonight!!!!

Hey Lady, been missin ya!

SB, Navy finally got it......I got 100 hours heading your way.....I should get a few more next week....I have to fill the paperwork out for the other volunteers!!!

Y'all have a good night!

OMG ! What more can I say. You've done too much already !

Please enjoy the Movie ! I love movies ! I guess everyone already knows
that based on my (Referencing) so many in my posts. Harry Potter is great
for young and old. Nothing like exploring the imagination with a bag of
lightly buttered popcorn !

 

[Guest2]

I chose monthly payments. It will be a decade before I can tell for sure if it was the right decision. Lady

I'm not sure why you have to wait a decade, but I lean towards the
monthly payment method myself. The Annuity gives the security of
a life long payment, however, need dictates a larger number for me.
I'd love being able to survive on a 4% withdraw, reality calls for more.

Related Questions;

Is your monthly payment based on the IRS Life Expectancy?
Is there a different monthly payment method ?
If so, which allows you to change the amount once per year ?
I'm assuming that neither method hurt you tax wise, True ?

Although these questions were directed to LADY, I realize that she is a
very busy person and open the questions up to any and all members.

 

[Frixxxx]

Nothing like exploring the imagination with a bag of
lightly buttered popcorn !

Bag!?!?!?....I'm getting the over-sized, extra-napkins, throw a tarp over me size..........WOOHOO....That and kingsize bag of licorice (the real stuff, not strawberry twists).....I sneak in a bottle of water to wash it all down!!!!!!

 

[Guest2]

Bag!?!?!?....I'm getting the over-sized, extra-napkins, throw a tarp over me size..........WOOHOO....That and kingsize bag of licorice (the real stuff, not strawberry twists).....I sneak in a bottle of water to wash it all down!!!!!!

WoW, Hope that wasn't a Gov't supplied TARP ! :nuts:

Sounds like heaven ! Long live the Big Screen !

Oh yes, bring back Drive-Ins to the Northeast !

I'm looking forward to Ghostbusters 3 due out somewhere around 2012 !

 

[XL-entLady]

I'm not sure why you have to wait a decade, it will probably be a decade before I know whether the markets and my timing choices are going to allow me to keep a sustainable amount in my TSP or whether I should have chosen the annuity and lived on mac and cheese for the rest of my life. but I lean towards the
monthly payment method myself. The Annuity gives the security of
a life long payment, however, need dictates a larger number for me.
I'd love being able to survive on a 4% withdraw, reality calls for more. I know what you mean. Same here. I'm having to draw out more than I'm making in interest right now. One of the reasons I said yes when my agency asked if I could work a few hours a month again.

Related Questions;

Is your monthly payment based on the IRS Life Expectancy? Nope, based on the minimum I need to pay the medical bills.
Is there a different monthly payment method ?
If so, which allows you to change the amount once per year ? You can change your payment amount once a year; you have the option at the end of each calendar year, but that is your only chance each year.
I'm assuming that neither method hurt you tax wise, True ? No, TSP withdrawals have been taxed the same as other income for me, so as long as I don't pull too much out there are no tax issues.

Although these questions were directed to LADY, I realize that she is a
very busy person and open the questions up to any and all members.

Got to run. My first teleconference starts in a half hour. But if you have more questions or if something above isn't clear please just let me know, SB!

Lady

 

[Guest2]

Excellant answers to my questions Lady, Thank You !

 

[RonUSPSretired]

Got to run. My first teleconference starts in a half hour. But if you have more questions or if something above isn't clear please just let me know, SB!

Lady

I concur with Lady. That is exactly how the monthly payments have worked out for me. I just wish I could still earn enough to cover the monthly draw. I'm seriously considering rolling over into a public IRA where I can have more flexibility than we have with these stupid TSP trade limitations.

 

[Frixxxx]

I concur with Lady. That is exactly how the monthly payments have worked out for me. I just wish I could still earn enough to cover the monthly draw. I'm seriously considering rolling over into a public IRA where I can have more flexibility than we have with these stupid TSP trade limitations.

I thought that was the reason we saw a lot of people leave TSP. They limited the trades and everyone who was retired and maintained their account couldn't do it anymore.....I'm telling you, I will probably leave TSP when it is no longer matched by Uncle Sam.:suspicious: