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TSP Investors Express Optimism by Moving Money into Stock Funds

TSP

retired
USPS
Thu Jun 18, 2009 9:13 AM

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These people are nuts. When the true figures for unemployment and inflation hit, they are in for more moaning and groaning in the stock market. Interest rates will be at double digits either by year end or shortly into 2010.

Stand by for a ram!

tsp

contract specialist
ssa
Thu Jun 18, 2009 9:26 AM

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sheer brilliance. the market has gone up, so everyone jumps back in the pool.

remember, when the market dips again sell everything.

DOLLAR COST AVERAGING!!!

Re: tsp

Fiscally Responsible Fed
Somewhere
Thu Jun 18, 2009 2:04 PM
You got it. Everyone is moving in the wrong direction. I am moving gradually into safer investments each time a particular index milestone is reached because I am now 55 and want to recover my losses for the past 18 months and have something when I do retire.

Advice

Rafe Hollister
Distiller and Singer
Thu Jun 18, 2009 9:53 AM

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Interestingly, there is a gentleman who gives TSP advice on the Fedsmith social network twice a month. He is somewhat bullish and recently went from cash and bonds to more stocks and less cash.

I enjoy the group activity on that network as well. I recommend "hic" it.

TSP

Secretary
USAF
Thu Jun 18, 2009 1:53 PM

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I already had most (70%)of my retirement in the G fund and only 30% in the C Fund. I didn't bother moving any money from the C fund to the G. It's in there for long term.

From what I have heard about investing, it is said that you need to put whatever amount of money you want in for long term. You are not to move it from one place to another and don't pu all your money in just one investment spread it around so you will not lose all of it if that paticular stock crashes.

Bait and Retrace

engineer
Air Force
Thu Jun 18, 2009 1:54 PM

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Anybody heard of short interest? Covering shorts? Consolidation? Retracement?

Current market recovery is a struggle between the reality of what is and the conduct of the masses on what they believe is reality. Current recovery is more wish than fact; promoted by government and media.

Maybe our economy can do something no other economy in history has been able to do; borrow more money to get out of debt.

As long as sheeple believe it, it works: NOT!

First Irony: republican tax cuts for the rich have been/will be rescinded. democrats are direct giving tax money to the rich and calling it bailout.

Second Irony: the rich receiving the bailout have earned the right to be poor. Democrats are denying their rights.

Third Irony: Protect and save the idiots that caused it.

I fear next movement down will be sudden and significant, kind of the feeling a trout gets when the fisherman sets his hook.

Re: Bait and Retrace

contract specialist
ssa
Fri Jun 19, 2009 9:57 AM
engineer, I agree w/your last two ironies. However, the diatribe about only the rich getting a tax break is "rich". I'm GS 13 making over $100k. By the time i take all of my deductions, i pay less than 12% in fed tax. I can only imagine what a lower earner pays in taxes after their dedcuctions. Here's my point, the top 20% earners wind up paying about 80% of the fed tax burden. Is that fair? Hardly. Also, you can cut the tax rates for the "poor" but the problem is, they're not paying much any way (like me). Not trying to argue, but the numbers don't lie.

Re: Bait and Retrace

engineer
Air Force
Mon Jun 22, 2009 9:43 AM
Point Taken: Thanks

Followers

Manager NOT
DOT
Thu Jun 18, 2009 4:18 PM

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TSP investors are followers not leaders. The fact that more money is going into the stock funds in no way shape or form indicates "investors believe the market will continue to go up." All it indicates is that because of the herd mentality the sheep will move with the crowd.
As more people see it go up they chase what has happened in the past not necessarily what they think will happen in the future.

TSP Investors Optimism

Shaneeqa
Homeland Security
Fri Jun 19, 2009 11:14 AM

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Here's something for ya'll to think about: Throughout the history of the world, all governments, countries, nations that were on a "fiat" currency (money that is not backed by ANYTHING - other than the good faith and word of that particular government) as the good ole US is and has been since the 1970s when then President Nixon took us off the gold standard, their countries economy/money failed, vis a vis Weingarten Germany, where it took wheelbarrows of money to pay for a loaf of bread and people were burning the money because it was cheaper to burn the paper money than buy wood.
The way Chairman Obama is printing and spending money, we are going in the same direction. Don't forget every single nation that adopts a fiat currency, as we have, has failed. Hate to break it to ya'll, but I know ya'll think the US is special and unique. Heads up kids, we are not. Best bet? Put your money in gold.

Re: TSP Investors Optimism

Manager
DOI
Tue Jun 23, 2009 6:09 PM
Good advice! I would add a few things. Consider both gold and SILVER. Silver is much more undervalued in relation to gold and heavily used in making electronics and MANY other uses. Don't store your precious metals in a bank vault, if you want to be able to get to it should times get REALLY tough! It's not been that long since US Citizens were not allowed to own Gold coins, think that couldn't happen again? Did you think all the "unthinkable" things that have happened in less than a year were likely to happen???

I started investing in silver almost 10 years ago and what I own (pre-1964 US half dollars that are 90% silver) I bought at an average of less than $5.50 per ounce. Silver and gold can NEVER go bankrupt, but companies, banks, even governments (ie California) can. REAL ASSETS (gold, silver, oil, commodities) will always be needed, paper money- well we'll see what happens in the not too distance future I'm afraid, as the US $$$ falls from grace and it's status!!!!
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