Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Move TSP to G for a bit?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]You CAN time the market on occasion. In this case, I was right. I exchanged funds out of I fund and placed them into G three weeks ago. I have not lost a cent as the market plummets. We are officially in correction territory as of today. Down 10%.[b] You people really think we are going to sky rocket back up in the next week or two? No. I am going to hold G until there is “confirmable” and trustworthy progress on the world stage on oil and all that madness. Even then, we are due for a recession because of low employment, CPI and PPI and I might hold for 6 months.[/b] All I see is a continued downtrend and I have been right so far. Maybe 1 month maybe six months or longer I will ultimately switch back into C or I or a combo of both. Obviously over time those are where money is made and CAGR and all that, but as of now, no fking way. [/quote] Those of us with money in retirement funds don’t need that money in the next 3 weeks or even a year. If you don’t like risk then just use a more low-risk method of investing. If you’re only a couple years from retirement then yes maybe it’s best to keep money in the G Fund.[/quote] And that’s great. My entire point is I timed getting in to G at the perfect time. And now OBVIOUSLY BY READING THE NEWS ABOUT ALL THATS GOING ON IN THE WORLD, and rhe inflation, the non-existent hiring numbers, oil prices rising and all the other macro issues bubbling up, is that we are gonna be on a downtrend for a while… So yeah I’m retiring soon, but I still can enter back into C very easily now and at a much lower cost level and have more shares and then later those shares will be worth more. My point is it is possible to use common sense and read mainstream news to get a clear picture and now and then time the market successfully. You just don’t like to hear that for some reason.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics