As I noted in my account talk today, I am still bearish for the IT time frame. ST timer framers could get a few points of upside here, but I feel the risks of making a strong handed entry at this juncture is still too high. As for the Greece thing, the smart money traders are already factoring in the next crisis. It's no coincidence that the market sold off initially before the jobs report as anything in print that any of us can read has already been factored into the market.
Other than my TSP I do have other accounts, and one of them is with T Rowe Price which I have coined the Long Term Account. This account is modeled off of the Coffeehouse Investor approach to investing, meaning, make a LT allocation, stick with it, and rebalance on a regular basis. This account has at least a 20 year time horizon as I plan on passing it on to my kids when they get older and which they will hopefully choose to continue contributing to in the future.
I have equipped the account with only No-Load Funds through T Rowe and have overweighted foreign/emerging markets in this portfolio. I plan on rebalancing by adding money to the underweighted sectors once or twice a year since rebalancing is not as easy as a TSP percentage IFT. Here's a look at the allocation in pie chart fashion via Morningstar (a thumbs up subscription service for beginners or advanced investors).
My bond allocation is comprised of mainly US Treasuries and my emerging markets portion is mainly composed of their Africa and Middle East fund.
Other than my TSP I do have other accounts, and one of them is with T Rowe Price which I have coined the Long Term Account. This account is modeled off of the Coffeehouse Investor approach to investing, meaning, make a LT allocation, stick with it, and rebalance on a regular basis. This account has at least a 20 year time horizon as I plan on passing it on to my kids when they get older and which they will hopefully choose to continue contributing to in the future.
I have equipped the account with only No-Load Funds through T Rowe and have overweighted foreign/emerging markets in this portfolio. I plan on rebalancing by adding money to the underweighted sectors once or twice a year since rebalancing is not as easy as a TSP percentage IFT. Here's a look at the allocation in pie chart fashion via Morningstar (a thumbs up subscription service for beginners or advanced investors).
My bond allocation is comprised of mainly US Treasuries and my emerging markets portion is mainly composed of their Africa and Middle East fund.
