WorkFE's Account Talk

[WorkFE]

The G Fund rate inched up to 4.250%

 

[nasa1974]

The G Fund rate inched up to 4.250%

Good to know. I'll most likely be in the "G" fund next week. Going to transfer all my TSP into my Edward Jones account before the end of the month. Hope the "S" fund gets a little greener though.

 

[WorkFE]

I met my goal this year, can stay in the G for some pudding.
Not sure if I'm going to manage my own or move it and let someone do it for me. I know the TSP fees went up I just haven't done a cost benefits analysis yet.

 

[nasa1974]

I met my goal this year, can stay in the G for some pudding.
Not sure if I'm going to manage my own or move it and let someone do it for me. I know the TSP fees went up I just haven't done a cost benefits analysis yet.

For me it will be the convenience of talking to someone and getting it done. The other is when I have to start drawing out the money I don't want to deal with TSP.

 

[WorkFE]

Futures looking rough.
Maybe play a bounce, have to wait closer to noon.

 

[WorkFE]

Held fast, kind of wishy washy at noon.
What can I say, I'm a chicken chit.

 

[WorkFE]

Yesterday may have been a tip your toe in day, too early to tell.
Futures indicate continued downward movement. The 7 Fear & Greed indicators are a smorgasbord at the moment. My head says Arm the Torpedoes Full Speed Ahead. My gut says Lets See Where This Thing Goes.

 

[WorkFE]

Maybe we will see the tide turn a bit this week.

 

[nasa1974]

Maybe we will see the tide turn a bit this week.

That would be nice. Didn't give all back last week but it was close.

 

[WorkFE]

Lots to chew on in the next 2 weeks.
Will the UAW go on strike this week? Oh, and that other strike, Hollywood.
Can China get back on track economically?
Japan possibly ending negative interest rates.
Inflation and its strangle hold on rate hikes.
CPI comes out Wednesday.
The Fed meeting next week will be front and center.

Fun couple of weeks coming up.

 

[rangerray]

Might be something to think about as well. Saw this on a Lance Roberts daily I read just moments ago.


Scott Harrison
Senatobia, MS

 

[WorkFE]

Stick around long enough, we are bound to find out.

 

[tsptalk]

The reason they'd cut at any speed would because of signs of a recession. So, it's not the cuts that are bad, it's why they cut.

View attachment 58827

Might be something to think about as well. Saw this on a Lance Roberts daily I read just moments ago.


Scott Harrison
Senatobia, MS

 

[WorkFE]

Tough ride is this market, flip a coin.
Reminder to myself. The DOW is still 5.5% off its all time high and the S&P is still 7% off. And then there is the NASDAQ, a whopping 14% off its all time high.
Room to run or a sign?

 

[WorkFE]

Cliff diving.

 

[WorkFE]

I feel I've seen this movie before. Wash, Rinse, Repeat.
ECB hiked interest rates again. US is not alone in its inflation fight.
Oil keeps rising.

Eyes wide open today:
Retail sales
PPI
Business Inventories
Initial Jobless Claims

 

[WorkFE]

I think I will remain in my defilade position, probably until at least the first week or so of October.
FSA- I am contributing new $ to stocks, just not applying any bulk $$$$.
Beans and Rice for everybody.

 

[WorkFE]

 

[WorkFE]

Whacky Friday, head on a swivel.

 

[WorkFE]

Well, August and September are in the rearview mirror. Thank goodness.
I suppose, for me to continue my cautiousness, I should expect some seasonal weakness in October.
For now, I will remain mostly in the garage (98% vs. 2%) except for my bimonthly new purchases (25% each to G, C, S & I)
I was looking at mid-month before any possible move but can't rule out an earlier move. There is interesting commentary referencing a strong October after declining AUG-SEPT. Something I might be inclined to jump on should the opportunity present itself.