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Reply to "Move TSP to G for a bit?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The highly sophisticated investors on this thread are now comparing themselves to Warren Buffet! Massive egos or delusional?[/quote] And you think adamantly taking the opposite view of Biffet doesn’t make you sound delusional? Your ego is so large you need to prove you make better investment decisions that Buffet?[/quote] Buffet is sitting on like a 340bn cash stock pile right now, so my sitting in G is not a bad call. I am holding G because I really do want to be in C or I or a combo, but I think I can park my money in G for a while while the market keeps falling. I think I am right about this. I have been right the last 30 days since I moved from I to G and I think time will prove me right. If not, you cucks on here can laugh at my expense. However, you all read the news I hope. You see the pessimism, lack of jobs, inflation, oil prices and the like. You all really think the S&P is just itching to rally over the next few years? I don’t. I think we are headed for a massive recession or at best a hard economic time. Once I feel the market is in sufficiently down, I will move to C or I and have been able to buy more shares because I sat in G and didn’t lose principle. It ain’t that crazy.[/quote] Buffet is using that cash pile to buy businesses at attractive valuations. Your cash pile is just sitting there. [/quote] Sitting in G not losing value while the market drops from global issues, tariff impacts, cpi, PPI, and oil shocks…yeah I’m fine. It feels great. I’m sure Fox is telling you all about great things are. I’m gonna hang out and chill. Have fun on the downtrend. [/quote]
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