youngMoney'$ Account Talk

[youngMoney]

Greetings,

I have been familiar with this site for over a year now. Only recently have I started trying to learn about the ways of the market. I turn 24 this month. I am in FERS so I won't be eligible to retire until 57. Thats at least another 33 years. A one liner I read in one of the threads was "Learn before you churn." I am in a buy and hold strategy right now but as I become more knowledgable about the stock market hopefully I will be able to dibble dabble and increase my returns. For now I am invested as follows:

C: 25%
S: 50%
I: 25%

I am investing soley in these funds because at my age I can afford to be risky. I put 50% in the S fund because since inception out of the three funds that is the one with the highest return. Hopefully I did good research. For me this is not the 100 yard dash, this is going to be a marathon.

youngMoney

 

[FogSailing]

Welcome YM..

There are many ZAVVY traders on this site, so enjoy the learning experience. You have the right idea...get an understanding of the fundamentals, watch the leaders, the news, the economic breifing calendar, currency, oil, gold, and the markets...and read all the charts and learn the various patterns, STO, MACD, RSI, A/D Lines, ERA, and of course Dow Theory, and Elliott Waves...and just have a good time..

FS

 

[youngMoney]

I have been sticking to my C, S, and I fund allocations. Somehow I got changed to G fund in the tracker system. I'll have to fix it.

YM

 

[Steadygain]

As 75% is in C and S

This week has been fantastic - with really good consolidation today

The C Fund looks like it has the greatest room to advance


I Fund where it started at the beginning of the year, so I would anticapate a mild adjustment in the near future.

 

[nnuut]

youngMoney'$ you've got the idea alright, welcome to the Message Board. Best of luck!!
Norman

 

[youngMoney]

I went in to the tracker today and changed my allocations to what they should be: 50% S, and 25% for both C and I. Been in these for a while.


The gas prices have been soaring!!!! Its almost $4 dollars here in Kansas City. I have already had to tighten my budget because of these prices. I heard gas "will" hit $4 in June and by the end of the year $7!!!!

I have been sitting in the above allocation for a while now. I am thinking about making a move to 50% G, and 50% I. Any input for you guys??

Oh yeah gas is 46 cents in Saudia Arabia?

 

[Buster]

I went in to the tracker today and changed my allocations to what they should be: 50% S, and 25% for both C and I. Been in these for a while.


The gas prices have been soaring!!!! Its almost $4 dollars here in Kansas City. I have already had to tighten my budget because of these prices. I heard gas "will" hit $4 in June and by the end of the year $7!!!!

I have been sitting in the above allocation for a while now. I am thinking about making a move to 50% G, and 50% I. Any input for you guys??

Oh yeah gas is 46 cents in Saudia Arabia?

I'm no expert for sure..but I think the smart money is in G for the rest of this month.

 

[youngMoney]

Being so ignorant in the ways of the market, I'm spooked. I'm going conservative. 25% G and 75% F

Young$

 

[youngMoney]

http://news.yahoo.com/s/afp/20080702/ts_alt_afp/forexeurope_080702123225

As you all know European Central Bank is set to make a rate hike tomorrow. This "should" make the dollar weaker.

I went 100% I fund. Lets see

Reuben

 

[youngMoney]

I think that I've ridden the bounce long enough. I am going from my allocation in C, S, and I to 65% G and 35% I.

I have been spending alot of time at tspcenter.com. I like the graphing capabilities on their FantasyTsp traking system. I come back here because the forums here are way better!!! Anyway I saw that there were a slew of people jumping to G fund. I thought I would follow (Missed the deadline so i got stuck for a few more days). I kept 35% in the I fund because I here talk that it will be on the rise.

Reuben

 

[Guest2]

I think that I've ridden the bounce long enough. I am going from my allocation in C, S, and I to 65% G and 35% I.

I have been spending alot of time at tspcenter.com. I like the graphing capabilities on their FantasyTsp traking system. I come back here because the forums here are way better!!! Anyway I saw that there were a slew of people jumping to G fund. I thought I would follow (Missed the deadline so i got stuck for a few more days). I kept 35% in the I fund because I here talk that it will be on the rise.

Reuben

YM,

They must be the same ones talking about "Depression" a couple weeks
ago. The (I) Fund is way "overbought" and I personally wouldn't be looking
at the (I) Fund until the S&P can manage gains over 1320. JMHO. :blink:

 

[youngMoney]

Today I put in an interfund transfer to go 100% I fund. Looks like its tanking today. Its way down. Hopefully I will be able to set off my losses on the 35% in the fund right now by moving my other 65% from G to I.

Hopefully we'll see a good bounce after today's tank. By the way SqualeBear, thanks for the insight.

 

[youngMoney]

I put in for 100% G fund this morning. I am going to walk away with the gain for today in the I fund.

I will be disappointed if the I Fund sees another big day tomorrow. Oh well. I have to start playing it safe because I've made a bunch of bad trades. I need to get back into the positive.

I still might cancel my IFT tonight if I read that the I fund will do good again tomorrow. Does anybody feel that the I fund will have another good day tomorrow 9/9/2008???


Reuben

 

[Birchtree]

Your guess on the I fund is as good as mine. I'm holding my 32% position forever or at least until $25.00.

 

[Corepuncher]

I put in for 100% G fund this morning. I am going to walk away with the gain for today in the I fund.

I will be disappointed if the I Fund sees another big day tomorrow. Oh well. I have to start playing it safe because I've made a bunch of bad trades. I need to get back into the positive.

I still might cancel my IFT tonight if I read that the I fund will do good again tomorrow. Does anybody feel that the I fund will have another good day tomorrow 9/9/2008???


Reuben

My "guess" is that after a 4% rally on 9/8, and after seeing the U.S. rally be about half that, that there will be selling. That is my guess. Dollar also went higher today, but may be overbought at this point (good for I fund).

 

[Steadygain]

I put in for 100% G fund this morning. I am going to walk away with the gain for today in the I fund.

I will be disappointed if the I Fund sees another big day tomorrow. Oh well. I have to start playing it safe because I've made a bunch of bad trades. I need to get back into the positive.

I still might cancel my IFT tonight if I read that the I fund will do good again tomorrow. Does anybody feel that the I fund will have another good day tomorrow 9/9/2008???


Reuben

Reuben, we're all in that boat.

With 2 trades a month - it's a lot harder to make quick trades.

No one really knows how long I Fund will gain (especially beyond tomorrow - if tomorrow is a good day). Most of the recent activity can be directly linked to Fannie/Freddie (but when news of the Take Over emerged) there was a huge sell off and the Markets Tumbled.

When something really stands out to me I make it known. I'd mentioned the Fannie/Freddie situation a while back. Before the weekend I'd mentioned the BEAR MARKET and the liklihood of us going down at least another 20%. I think days like today hold little to no substance and suspect your move to G is one you won't regret. So if I Fund goes up 1% tomorrow - but is down more than 20% by 12/18/08 - you're still ahead of the game.

 

[youngMoney]

Thanks for the input.

Yep today the I fund is tanking. laugh: I made a good trade)

I'm stuck in the G fund for the rest of the month.



Reuben

 

[youngMoney]

The vote on the bailout failed the first time but I think it'll pass this time around. Its a big rush to get it passed. I read there is another vote tonight and I think we'll see a big jump tomorrow.

I have submitted my IFT to go 50% C and 50% S. I stayed away from the I fund because the the dollar is just to volatile right now. My hope is that the bailout will help us going into the holiday season (Black Friday and Christmas). We'll see what happens


Reuben​

 

[Guest2]

The vote on the bailout failed the first time but I think it'll pass this time around. Its a big rush to get it passed. I read there is another vote tonight and I think we'll see a big jump tomorrow.​

I have submitted my IFT to go 50% C and 50% S. I stayed away from the I fund because the the dollar is just to volatile right now. My hope is that the bailout will help us going into the holiday season (Black Friday and Christmas). We'll see what happens. Reuben​

YM, Good Luck !