Reply to Move TSP to G for a bit?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OMG I've never seen anyone overestimate their own abilities like this in my entire life.[/quote]

It wasn’t rocket science. I saw a period of immense tumult on the horizon and clicked “exchange fund” and the gambit paid off. I have preserved thousands in capital. All I have to do is click exchange again and I’m back in equities.

Except that wouldn’t make sense because looking at this from a macro perspective we are not going to rally. The jobs report comes out tomorrow, if even remotely accurate it won’t be great, gas is at $111 a barrel and rising without a clear solution in sight, and even then with 20% of capacity apparently having been diminished, inflation is persistent and I’m sure you’ve felt the pressure at the store and the pump.

So what makes you think I’m wrong or overestimating my abilities?

The entire point is that I see the market slipping more days than rising and I have been right. If you read the news about international events right now is a great time to be in G fund where capital does not erode.

I’m guessing I’ll switch into possible 80% I and 20% C in the next few weeks, but not this week. I honestly saved myself like a 17% loss in value by doing what I did with the move, so it wasn’t overestimating myself. It was lucky, but it was also based on a reasonable person’s assumptions based on news of how there are difficult economic headwinds. Anyway, you do you.[/quote]

Earlier in this thread you said you were waiting until the market dropped another 20% before buying back in. Now you say you are buying back in in the next few weeks. We’re down like 5%.  You have an incoherent approach, clearly.[/quote]

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