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Reply to "Move TSP to G for a bit?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Guys, it’s cool if you want to keep buying VOO while oil climbs to $100+ a barrel (with downstream effects not priced in fully), we are seeing zero job growth(thanks tariffs), and there are basically probably boots on the ground in Iran, but yeah I’m gonna keep my dough in G fund now. Let’s all meet up again in a few weeks or longer and see who was right! My guess is me. You people are permabulls. I’m so curious. Why are you bullish? In what ways are we going to see sustained movement upward? Pleeeeease explain it all.[/quote] Because we don’t look at stock market returns in time horizons of “a few weeks” and don’t let politics and short term situations cloud judgment (as much as we may disagree with the politics of the current administration). This has played out time and time again. The market could drop 30%, I’m not changing. I’ll easily beat you over the long term because you are guessing. I’m not guessing, I’m systematically investing in the S&P 500 when I receive funds.[/quote] Agree. Unfortunately the other poster probably won't be convinced until they take a big loss (or miss out on the huge gain/recovery). [/quote]
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