SteelSaving's Account Talk

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SteelSaving

SteelSaving

Member
Currently sitting at

75 L2050
10 C
10 S
5 G

This is my buy and hold that I have yet to find a good time to completely leave or enter since deciding to be more active. I actually tried to go G yesterday but missed noon by a few seconds... ugh.
Now today is being stupid, I am tempted to buy S but I can just see the market shooting upward this afternoon. That being said, it's not as big a hit since I have so much in L2050...
Decisions, decisions.
 
You put that much effort into my numbers. Some of you scare me. :p

Thank you for clarifying though. I decided to stay put today... It may have been a good time to get out but I can afford to chance it.
 
SteelSaving said:
You put that much effort into my numbers. Some of you scare me. :p

Thank you for clarifying though. I decided to stay put today... It may have been a good time to get out but I can afford to chance it.
Click to expand...

I'm sure you already knew the difference, I just errored on the side of caution, in case you or someone else didn't know what your acutal alloation was. The L-Funds can be a bit misleading.
 
Welcome!
It's good for people to realize what they are actually invested in when using the L funds. In your example you find out that you are already 97.25% in equities so it's not really much of an issue that you missed a move to the S fund today. The C and I funds have been doing well recently so you can bask in the glory of recent gains! Just be sure to keep an eye out for an appropriate move out of equities to "lock in" those gains

Determining the actual allocations is very basic math. However, if you want more active control of your account you may want to stop using the L funds so you know where your money actually sits without any additional calculations.
 
Completely agree with both of you. The next time I move to G or F I am done with the L funds. I just haven't reached the point to go to G. Barring some incredible news this weekend if the market is up on Monday I am pulling out. Since I joined this site the market has been kind. I just started studying closely a few weeks ago so I am still on my buy and hold distribution.Thanks for all the help and advice, it really is great and hopefully more of the younger workforce finds it (and listens and learns).
 
Incredible didn't happen...
50G/50F COB today.

The losses hurt but I don't see this thing turning around soon enough for me to want to keep taking these losses, would have been nice to get out last week, would have been even nicer to get out the end of the week before. I still have another IFT for later this month if I see a good entry so I can sit back and wait without necessarily missing the boat. I am also contributing 50S 25I 25C to (hopefully) buy low.

I am officially off the L funds, which I guess is my only plus... :sick:
 
I think Monday will be awful, I plan to buy. Bernake is going to do his song and dance on Tuesday and I think the market will come back up, not quickly.
I have the weekend to keep looking through data and read some other thoughts on what could happen so I may change my mind. We'll see...
 
At this point, I just have to think of where I'd be if I hadn't found this site. I took some loss but had enough last week and got out, if I hadn't taken things in my hands a few months ago, I'd be down another 10+%.
To those of you who are still in, odds are you are doing tons better then the average joe investing in TSP and they are the ones being hit the hardest right now.
Obviously you can't be perfect, but you will get your gains back.
Be patient.
 
Why has the F fund been following the others lately?
I know we can discuss it til we're blue in the face but it seems to be doing the oppositte of what it should be doing lately.
 
SteelSaving said:
Why has the F fund been following the others lately?
I know we can discuss it til we're blue in the face but it seems to be doing the oppositte of what it should be doing lately.
Click to expand...
Any port in a storm (looks better than everything else out there).:worried:
 
Well, today was a little less volatile, like to think of it as a good sign (or the calm before the storm). :sick:


Anywho, I remember seeing a link someone put up that had a bunch of companies you can start an IRA with but, like a dummy, forgot to bookmark it.
Would any of you more savvy investors be kind and provide some advice or places to go hunt more info down?
I should be getting a substantial raise in early October and would like to open a roth but want to go into it with some semblance of a plan.
 
My daughter has a Roth 401K from her employer - now that's way cool. Only thing is this MBA girl doesn't know what she owns and has to ask Dad.
 
SteelSaving said:
Well, today was a little less volatile, like to think of it as a good sign (or the calm before the storm). :sick:


Anywho, I remember seeing a link someone put up that had a bunch of companies you can start an IRA with but, like a dummy, forgot to bookmark it.
Would any of you more savvy investors be kind and provide some advice or places to go hunt more info down?
I should be getting a substantial raise in early October and would like to open a roth but want to go into it with some semblance of a plan.
Click to expand...

I was looking for that link myself. I just opened up a Roth IRA through USAA. The way it works is that the money you use to fund your IRA goes into a USAA money market account. You can add funds to it to your heart's content until you are good and ready to purchase stocks. I personally would not wait until you have a plan to fund the account....Accumulate buying power while you wait.;)
 
Is USAA military related? My dad was in the Army but retired over 10 years ago. And I have started saving already, but I am trying to get that 6 month's worth of pay that just about everybody says you should have in a liquid account.
 
SteelSavings - Happy Birthday, to you when it gets here!! I hope it will be a great one for your market choices...

You might like to update your Profile so that you are on the calendar - - We would be glad to remind you before you noticed it yourself this afternoon !!

:D:D
 
Well thanks Gma!
Luckily it is also my dad's birthday so it's hard to forget. :cool:

I did have a question for the board, though.
In regard to <1% transfers:

Let's say I have 5% in a fund and I decide to perform a <1% transfer back to 5% one day no matter what happens.

If the fund drops, then I am buying back funds at a "discounted" price, correct?

If the fund rises, then I am selling off some gains from that day, correct?

I will leave the pros and cons to each scenario to my own noggin, but am I missing anything there?
 
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