WorkFE's Account Talk

Sort by newest Sort by date
WorkFE said:
Hard to argue but I'm prepared for a long winters knap. Current and future contributions are set in G as of now, if we continue down I'll move those into risk (Buy Low).
Bottom line, I can only afford a 10% correction and that would be playing it stubborn.:worried:
Click to expand...

I can play stubborn also. But we need to see what happens for the remainder of today and what it looks like tomorrow. Then reevaluate.
If sentiment gets really ugly it may be time to bail also. I know you know what I'm saying. :)
 
Sure hate the idea using my first IFT of the month to pull my 5%'s back to G. :( Got to try and ride it out for the short term.
 
Absolutely PM. At some point if it looks like we are headed in a major downward trend the risk vs. reward is reversed. The reward of retirement preservation. If I knew Friday that we were heading to 660 I would already be sitting in the G until we got there. But for some reason my crystal ball is broken. That is why I watch a handful of players on this MB. Some people just have IT most of the time.
NASA the 2 IFT's can quickly turn into a jail sentence to some but to be honest with you I've watched people use up there IFT's in the first 4 days, complain that they can not go all in, then sit on the fence when the new month starts while we are in an uptrend.
ALL investing is risky. If it's the kids lunch money, shame on them. That is not investing it's gambling. :nuts:
 
What a day. All is not lost however. This is a time to capitalize on a market that currently has not shaken the fear of 2008 and early 09. Now is a time to pull your family together and take care of what's important. Save, stash, invest and spend if you have it.
My opinion is if I don't enjoy it my son or grandchildren (fingers crossed) will.
The way they talk about SS I planned on working till I was 80 (God Willing) anyway.
Take the time to teach (wisen up) those young people where you work about saving and not living beyond their means. Most won't listen but some will, as I did long time ago. You know, the ones that ask you about retirement savings. They will like us live hard working lives but somewhere down the line it will pay off.
Have a great evening everybody.
 
WorkFE said:
What a day. All is not lost however. This is a time to capitalize on a market that currently has not shaken the fear of 2008 and early 09. Now is a time to pull your family together and take care of what's important. Save, stash, invest and spend if you have it.
My opinion is if I don't enjoy it my son or grandchildren (fingers crossed) will.
The way they talk about SS I planned on working till I was 80 (God Willing) anyway.
Take the time to teach (wisen up) those young people where you work about saving and not living beyond their means. Most won't listen but some will, as I did long time ago. You know, the ones that ask you about retirement savings. They will like us live hard working lives but somewhere down the line it will pay off.
Have a great evening everybody.
Click to expand...
I'll drink to that WFE!!!:D Good words.
 
Trust me when I tell ya. Looking at the 1.83% drop on the tracker is much easier on the eyes than looking at the actual monetary loss in the actual account.:worried:

Time to put the brakes on this slide, how about a nice flat day to slow down the excitement.
 
how about a nice return to the upside.....I gave back every percent i made last month in one day....i would like to have it back please!
 
CapeChem said:
how about a nice return to the upside.....I gave back every percent i made last month in one day....i would like to have it back please!
Click to expand...

That's what happened to me when I didn't follow my signal last month. Was up about 4.5% and gave it all back. :( Never again. :cool:
 
CC,
Just trying to slow it down so people actually view the market and not play follow the leader. We would probably head lower anyhow but these huge drops are caused by nothing but fear.

CH,
I feel ya. I hate giving back huge chunks, does not give you a chance to make an informed decision which is magnified by the 2 IFT rule.

GL today everybody.
 
I just want everyone to know (For Clarification) I do not, I repeat DO NOT, take financial advice from domestic house pets.
However I have been known to do what a little birdy told me to do:D

Futures are up. Lets see if we can get back a little more of our pride from Monday & Tuesday.
 
Dropped the dog off at the Kennel (Completely Full). Taking the Camper out this holiday weekend to an amusement park type campground. I expect it to be full but I'll be watching for the money being spent once I'm there. People will always take their holidays but I'll be interested to see if they are being thrifty. Of course I am from an area that has not felt the impact as bad as others.

Everybody have a great weekend and be safe.
 
Spent the day remembering and reflecting. I apologize for not being around.
Great week.
 
Parents headed back to PA today. Nice week off work but I'm ready to get back at it atleast until T-giving and X-mas.
Big week ahead.
Reports: inflation, retail sales, housing and jobless claims are do out this week, adds to the decision making process.

Plan on staying
40,40,20 CSI
 
Futures down fairly sharp today. Probably uneasiness over the tariff news. This will be the first order of business this morning. The Chinese acted surprised but there is no way this was done without meetings between the 2 countries.
Be vigilant. These issues could turn into trade wars and that will bring any hope of recovery to a halt. Fear will overcome most.

Have a great day everybody.
 
Of course they acted surprised. I don't know a single country that has not initially reacted with sound and fury after getting a ruling like this from another country (including us) and this isn't something that is done without notice, though the final ruling can be a surprise. China is just are a bit more noisy than usual because they were hoping that with the world economy the way it is, this would not happen. It's now a matter of whether they want to rachet things up with some sort of action, as opposed to saying "I'm shocked that there is gambling here!"
 
I believe this will die down. At this time I believe China will just sound off to quiet their peeps. I can not say the same for some other countries who might use this as a reason to do the same.
The American worker generally does not come out on the good side of these issues. We shall see.
 
You must log in or register to reply here.

Similar threads

russ24567
Russ24567's Account Talk
Replies
1
Views
189
tsptalk
tsptalk
TommyIV
July AutoTracker Trends
Replies
5
Views
577
TommyIV
TommyIV
tsptalk
  • Article Article
The melt up in stocks continues
Replies
5
Views
466
James48843
James48843
TommyIV
  • Article Article
TSP Talk Market Wrap Up and Allocation Trends
Replies
1
Views
601
JTH
JTH
tsptalk
  • Article Article
Rate cut is expected today, but what will the Fed say about future cuts?
Replies
4
Views
324
James48843
James48843
Back
Top