Valkyrie's Account Talk

:smile::cool: Congrats !! I think about it daily, yet alas, I think I'm here for 2-to-5 more trips around that bright thingy. FYI, Tentative plan when that happens is take about 75% to 80% out to self-directed IRA to manage my self (how & which one(s) I'm not sure; will have a nice diversification though). Plan to keep the TSP amount in the steady graces of the G-fund a lot of the time (if congress doesn't mess that up in the meanwhile).

Today is my last day. After 33 yrs 2 months I am retired.
Suggestions will be greatly appreciated on what to do with my TSP. I do not need to take any money out, just need to make it grow until I do.
Thank you.
 
Congratulations!

Seven more years for me.

Today is my last day. After 33 yrs 2 months I am retired.
Suggestions will be greatly appreciated on what to do with my TSP. I do not need to take any money out, just need to make it grow until I do.

Thank you.
 
Congratulations! My 2 cents worth: Leave some money in TSP as it has low fees and once your out you can't come back. I retired end of 2008 and left my money in TSP. It has been growing slowly and I don't need it until 70.5.

The biggest aha moment in retirement: You do not have to wait until the weekends to go places!

2moryrs - NOT!
 
congratulations! now that you are retired, you might find the tsptalk poker club a good inexpensive way to kill a couple of hours on alternating sunday or monday nights. you have a certain 'f you and the ffing horse you rode in on' quality that might serve you well in our games.
 
almost time to get back in...

It's Almost Time to Start Buying

"The S&P 500 rallied almost 4% in two weeks off extremely oversold conditions last December. It rallied 4% in two weeks in January. And it rallied 4% in a little longer than two weeks in June.

Those are bounces worth trading. So it's almost time to start buying.

But here's the interesting thing...

Look at the chart and notice what happened to stocks once each oversold bounce ran out of steam. In each case, the S&P 500 sold off hard to an even lower low than the previous one.

So like I said, it's almost time to start buying in anticipation of an oversold bounce. Just don't stay in the trade too long."
 
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[url]http://www.dailywealth.com/


This Is NOT What a 'Melt Up' Top Looks Like[/URL]
[/h] [FONT=Verdana, Geneva, sans-serif] By Dr. Steve Sjuggerud [/FONT]
[FONT=Verdana, Geneva, sans-serif] Thursday, June 29, 2017 [/FONT]

I've said it for years... The biggest gains will come in the final innings of the bull market.

My friend, the final innings have arrived. The big moment is here.

Yesterday, I explained my "Melt Up" thesis, and why I believe these final innings could lead to massive gains.

It's already happening... Stocks are up big over the last 18 months. But I don't believe we're at the top yet.

The reason is simple... Things don't look anything like they did at the top of the last Melt Up.

During the last Melt Up, we saw the biggest gains in the tech-heavy Nasdaq Composite Index. It soared 200%-plus in 18 months as the Melt Up concluded. And prices hit truly ridiculous valuations along the way.

A lot of people point to today's valuations in the U.S. as a reason the recent gains can't continue. But here's the thing...

During the last Melt Up, valuations were already ridiculously high – before it all began.

The chart below shows the price-to-sales ("P/S") ratio for the Nasdaq during the 1990s. (This ratio is one of the best ways to measure real value in the stock market.) Take a look...
 
suckers rally today, to draw them in, before the big drop in a few days, then stratosphere gains. just a thought.
 
I've predicted this before, this crash will be worldwide so the they (add any noun u want) can bring about a new world financial system namely a three world currency. The G20 nations meetings have been calling for this for almost 20 yrs. just search for it.

The Elites Are Privately Warning About A Crash | Zero Hedge

The bottom line is, a financial crisis is certainly coming. In my latest book “The Road to Ruin,” I use 2018 as a target date primarily because the two prior systemic crises, 1998 and 2008, were 10 years apart. I extended the timeline 10 years into the future from the 2008 crisis to maintain the 10-year tempo, and this is how I arrived at 2018.
Yet I make the point in the book that the exact date is unimportant. What is most important is that the crisis is coming and the time to prepare is now. It could happen in 2018, 2019, or it could happen tomorrow. The conditions for collapse are all in place.
It’s simply a matter of the right catalyst and array of factors in the critical state. Likely triggers could include a major bank failure, a failure to deliver physical gold, a war, a natural disaster, a cyber–financial attack and many other events.
The trigger itself does not really matter. The exact timing does not matter. What matters is that the crisis is inevitable and coming sooner rather than later in my view. That’s why investors need to prepare ahead of time.
The new crisis will be of unprecedented scale. This is because the system itself is of unprecedented scale and interconnectedness. Capital markets and economies are complex systems. Collapse in complex systems is an exponential function of systemic scale.
In complex dynamic systems that reach the critical state, the most catastrophic event that can occur is an exponential function of scale.



The elites communicate in an intentionally boring style with lots of technical jargon and publish in channels non-experts have never heard of and are unlikely to find. In effect, the elites are communicating with each other in their own language and hoping that no one else notices.
Still, there are some exceptions. Mohamed A. El-Erian is a bona fide member of the global power elite (a former deputy director of the IMF and president of the Harvard Management Co.). Yet he writes in a fairly accessible style on the popular Bloomberg website. When El-Erian talks, we should all listen.
In a recent article he raises serious doubts about the sustainability of the bull market in stocks because of reduced liquidity resulting from simultaneous policy tightening by the Fed, European Central Bank (ECB) and the Bank of England.
He says stocks rose on a sea of liquidity and they may crash when that liquidity is removed. This is a warning to other elites, but it’s also a warning to you.
But it’s not just El-Erian who’s sounding the alarm…
You’ve heard the expression “the big money.” This is a reference to the largest and most plugged-in investors on Earth. Some are mega-rich individuals and some are large banks and institutional investors with a dense network of contacts and inside information.
At the top of the food chain when it comes to big money are the sovereign wealth funds. These are funds sponsored by mostly wealthy nations to invest a country’s reserves from trade or natural resources in stocks, bonds, private equity and hedge funds.
As a result, sovereign wealth fund managers have the best information networks of any investors. The chief investment officer of a sovereign wealth fund can pick up the phone and speak to the CEO of any major corporation, private equity fund or hedge fund in the world.
Among sovereign wealth funds, the Government of Singapore Investment Corp. (GIC) is one of the largest, with over $354 billion in assets. So what does the head of GIC say about markets today?
Lim Chow Kiat, CEO of GIC, warns that “valuations are stretched, policy uncertainty is high” and investors are being too complacent.
GIC allocates 40% of its assets to cash or highly liquid bonds and only 27% of its assets to developed economy equities.
Meanwhile, the typical American small retail investor probably has 60% or more of her 401(k) in developed economy equities, mostly U.S.
But it may be time for everyday investors to listen to the big money. They are the ones who see financial crashes coming first.
 
COB 10/20/17 100G could be wrong but looks like a nice small-medium reboot correction for 10/23-10/31 (something this wknd will cause?), then sky high for nov-dec. also good time to lock in profits.
 
11/3 back in 50C 50I. report out of japan latest policies to increase stock prices while creating a weak yen have been put in place.
 
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