Squalebear's Account Talk

No kids, no heirs. Interested in maximizing current investment for retirement within 5 years. Roth is not the best option.

Social Security is taxed twice....when you earn it and again at distribution, and it wasn't always that way. Laws were changed to balance the budget on the backs of retirees. Do you really believe that with the size of the national debt growing at accelerating rates and all this creative financing to rescue private financial institutions at taxpayer expense adding to it that Roth distributions won't be taxed within 10 years?

Good point, L2R. With the growth of the national debt, there may be a tax on breathing in ten years! :sick:

Birch, I do have two children. I paid for both college educations and helped both with the down payments on their homes. Now I intend to SPEND their inheritence, and that includes choosing tax options that make the most sense for me not them! I'll keep enough for my needs and if that means there is something left for them to inherit, that's fine. And if not, I gave them the tools so let them make it the same way I did. :toung:

Lady
 
I'm not gonna speak about the pain of giving back profits or giving back
our excitement over the market. The positive that can be taken out of
todays figures is (within the I- Fund); the Fund Managers found the need
to add to the debt and bring the Key to the "High" area of the O/D Tracker.
This lead to the Outperformance of the EFA by almost a half percent.
If the debt stayed the same, the pain would be worse. If a payback
occurred on top of todays loses, well, it could have been really ugly.

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/14/08) +0.397% -0.4372 tsp cents
(7/15/08) - 0.508% -0.3229 tsp cents
(7/16/08) -0.3206%-0.2605 tsp cents
(7/17/08) -0.2940%-0.2013 tsp cents
(7/18/08) -0.2422%-0.1504 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/21/08)
+0.7334%-0.3109 tsp cents
(7/22/08) -0.7174%-0.1553 tsp cents
(7/23/08) +0.5982%-0.2868 tsp cents
(7/24/08) +0.4519%-0.3797 tsp cents
(7/25/08) -0.5288%-0.2868 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/28/08) +0.4966% -0.3660 tsp cents
(7/29/08) -0.3038% -0.3039 tsp cents
(7/30/08) +0.2671% -0.3650 tsp cents
(7/31/08) +0.1610% -0.3266 tsp cents
(8/01/08) +0.4469% -0.4172 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(8/04/08) -0.0408% -0.4046 tsp cents
(8/05/08) -0.6135% -0.2821 tsp cents
(8/06/08) -0.1200% -0.2564 tsp cents
(8/07/08) +0.4625% -0.3490 tsp cents :(

THE KEY:
------------------------------------------------- WE OWE THEM ----
- .9999 thru -.4000 Holy Cow !
- .4000 thru -.3000 High Overpayment (Rarely Goes Higher) :(
- .3000 thru -.2000 Meduim Overpayment, (Flip A Coin)
- .2000 thru -.1000 Low Overpayment (Goal is Met)

-.1000 thru-.0000 (Not Seen For Over 2 Months)
-------------------------------------------------- THEY OWE US ----
+.0000 thru+.1000 Low Deficit (Goal is Met)
+.1000 thru+.1500 Medium Deficit (Flip A Coin)
+.1500 thru+.2500 High Deficit (Rarely Goes Lower)
+.2500 thru+.3000 Windfall Coming !
---------------------------------------------------------------------
 
Duty Calls, I'll be back early this morning to catch up on some reading.
Keep your chin up, days like this always happen and more opportunities
will present themselves. We will take advantage of them together ! ;)
 
See what happens, a guy tries to get a little shut eye
and the whole MB walks in and has a party on your thread
without ya. Geeez ! No left overs, beer fridg is empty and
my dog is now walking funny ! :nuts:

All joking aside, I found everything written extremely interesting !
The door is always open, we always have plenty of beer on hand,
just leave poor woofy alone, he's sensative ! ;)
 
LOL SB,

That party was before you did your end-of-the-day summary, how did you miss it?

Bridge to Captain: "Main viewing screen activated, Sir!" :nuts:
 
LOL SB,

That party was before you did your end-of-the-day summary, how did you miss it?

Bridge to Captain: "Main viewing screen activated, Sir!"

Good Morning L2R and good evening to those who work the Graveyard Shift !

Futures are green this morning, but futures don't carry alot of weight
with me, unless the Dow is in triple digits and the S&P is in double digits.
Hope is high ! I don't remember anything, concerning Economic Reports,
that can move the market in the way we want to see. But we always
have oil, financials and earnings to look forward to. Geeez ! I'm keeping
my chin(s) up and have 1/2 my balance working for profit. I'm still up
approximately +0.24% MTD and down -0.65% YTD. After seeing the
results of yesterdays market, the Bear/Bull battle leaned towards the
Bear. But the fight isn't over just yet. Yesterday didn't have one good
thing to report, it was all negative news and the market had no choice.
I'm gonna check out the volume levels from yesterday to see what info
that tidbit might hold. In the mean time, I'll be checking in from now
until the sandman comes. :cool:
 
We haven't seen a GOOD summertime FRIDAY since 6/13/08.
Lets break out the Bull and walk him a around the pen a bit !
 
I just can't get enough IFT's (LoL). I moved some MO MONEY back to
the (G) Fund. My IFT resulted in having 75%(G)for the high partial penny
and 15%(C),,,,10%(S) for a little more profitable action. The lowest I'm
thinking of going is 5% in each of the two remaining stock funds. We'll
play that by ear on a daily basis. ;)
 
I just can't get enough IFT's (LoL). I moved some MO MONEY back to
the (G) Fund. My IFT resulted in having 75%(G)for the high partial penny
and 15%(C),,,,10%(S) for a little more profitable action. The lowest I'm
thinking of going is 5% in each of the two remaining stock funds. We'll
play that by ear on a daily basis. ;)

1290 has been very hard to break in the S&P. Today would be a good day to lock in some gains. My 2 cents.
 
Thanks ATC, I've been downsizing for the last couple of days ! Good stuff ! :D

Nothing wrong with sniping some gains, we've had a decent week considering the volitility and the Fed's hyped rally.

I'm still firmly entrenched in the bear camp untill this market proves to me otherwise. :cool:
 
Ole,Ole,,,,,,Ole,Ole,,,,,,Hot,Hot,Hot

Come on everybody, sing along time !

Ole,Ole,,,,,,Ole,Ole,,,,,,Hot,Hot,Hot

:nuts:​
 
A Final Thought For Today

BEARS HIBERNATE ,,,,,, BULLS CHARGE


(Trust me ! I get the Credit Card Bill each month)

I'll Be Back Around Share Update Time
 
1300 or BUST

Rats! I was gonna post a big smiley last night with this on a sign, but I couldn't figure out how to do it so I went to bed. 15% still in C, thought of taking it off the table this morning, decided to hang around a little longer just for fun-maybe Monday will tell the tale. Real account is still HIBERNATING!!!! :nuts: When you're up close to 3% in real account (which I am), why play around w/success until its a bettter bet, eh? :D
 
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