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
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
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
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
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First Irony: republican tax cuts for the rich have been/will be rescinded.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
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
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!!!!
Gold and Economics
Active Duty USAF Sun Jun 21, 2009 12:44 AM
As the cost of gold continues to increase, those with it are going to sell it...take the money and run...sooner or later it will come back down...I believe sooner. Guess we will find out.
Re: Gold and Economics
engineer Air Force Mon Jun 22, 2009 11:58 AM
I believe that is Shaneega's point. If the fiat (paper) money is worthless, a wheelbarrow full for a loaf of bread; when you sell your gold, what do you want to get paid with?
L Funds
Tired Old Fed ED Mon Jun 22, 2009 12:04 PM
What a sad commentary on folks shrewdness (or lack thereof) that so few folks use the L funds. Look at how they performs over the very big swings of the last few years and you will see that they are the steady course to take.
Let Retirement Funds benefit workers, not Wall St.
Retiree None Mon Jul 6, 2009 1:20 PM
The stock market is a fools game. When will these people ever wise up?
Contrary to what the “experts” say, stock market returns are overrated relative to safe compound interest bearing investments. Over the first decade of the 21st century the composite return on U.S. stocks is likely to be negative (S. Hanke, “Unconventional Wisdom”, Forbes, March 16, 2009). It is likely to be worse over the next 10 years. Compare the performance of the Vanguard GNMA (an example) to the S&P 500 over 10 years. Every time a bubble bursts, 401k savings in stocks evaporate resulting in diminished retirement options. The stock market is essentially a gambling casino; the house always profits. The only available options for retirement savings (401k, IRA, etc.) should be risk free treasury securities, ginnie maes and FDIC insured funds. Indeed, retirement savings should never be subjected to the risk inherent in the stock market. The G-Fund is an ultra safe vehicle dedigned to beat inflation.
Better investment silver, gold, or lead
Engineer USACE Tue Jul 21, 2009 1:56 PM
For the person that said the best investment is silver, but not to keep it in the bank because if things got REALLY tough you would not be able to get at it. My recommendation would be if you think that things are going to get that tough that you should invest in lead, it is cheaper then silver by the pound and has more stopping power then gold!
Precious Metals
IT Specialist DHS Mon Jul 27, 2009 9:01 AM
So, how does one invest in precious metals via the TSP? Can I withdrawal funds and purchase gold/silver coins without penalty? Seems everyone wants to penalize the taxpayer for doing what they think appropriate. When do I get to charge my $2.50 ATM fee every time the government comes to me for more money?
TSP INVESTORS EXPRESS OPTIMISM BY MOVING MONEY
PROGRAM SPEC. INTERIOR Wed Sep 2, 2009 9:53 AM
Remember too that CSRS employees like myself do not receive the luxury of having matching fund contributions thus we are more likly to be more conservative in our investment options.
TSP
USPS
Thu Jun 18, 2009 9:13 AM
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
ssa
Thu Jun 18, 2009 9:26 AM
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
Somewhere
Thu Jun 18, 2009 2:04 PM
Advice
Distiller and Singer
Thu Jun 18, 2009 9:53 AM
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
USAF
Thu Jun 18, 2009 1:53 PM
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
Air Force
Thu Jun 18, 2009 1:54 PM
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
ssa
Fri Jun 19, 2009 9:57 AM
Re: Bait and Retrace
Air Force
Mon Jun 22, 2009 9:43 AM
Followers
DOT
Thu Jun 18, 2009 4:18 PM
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
Homeland Security
Fri Jun 19, 2009 11:14 AM
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
DOI
Tue Jun 23, 2009 6:09 PM
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!!!!
Gold and Economics
USAF
Sun Jun 21, 2009 12:44 AM
As the cost of gold continues to increase, those with it are going to sell it...take the money and run...sooner or later it will come back down...I believe sooner. Guess we will find out.
Re: Gold and Economics
Air Force
Mon Jun 22, 2009 11:58 AM
L Funds
ED
Mon Jun 22, 2009 12:04 PM
What a sad commentary on folks shrewdness (or lack thereof) that so few folks use the L funds. Look at how they performs over the very big swings of the last few years and you will see that they are the steady course to take.
Let Retirement Funds benefit workers, not Wall St.
None
Mon Jul 6, 2009 1:20 PM
The stock market is a fools game. When will these people ever wise up?
Contrary to what the “experts” say, stock market returns are overrated relative to safe compound interest bearing investments. Over the first decade of the 21st century the composite return on U.S. stocks is likely to be negative (S. Hanke, “Unconventional Wisdom”, Forbes, March 16, 2009). It is likely to be worse over the next 10 years. Compare the performance of the Vanguard GNMA (an example) to the S&P 500 over 10 years. Every time a bubble bursts, 401k savings in stocks evaporate resulting in diminished retirement options. The stock market is essentially a gambling casino; the house always profits. The only available options for retirement savings (401k, IRA, etc.) should be risk free treasury securities, ginnie maes and FDIC insured funds. Indeed, retirement savings should never be subjected to the risk inherent in the stock market. The G-Fund is an ultra safe vehicle dedigned to beat inflation.
Better investment silver, gold, or lead
USACE
Tue Jul 21, 2009 1:56 PM
For the person that said the best investment is silver, but not to keep it in the bank because if things got REALLY tough you would not be able to get at it. My recommendation would be if you think that things are going to get that tough that you should invest in lead, it is cheaper then silver by the pound and has more stopping power then gold!
Precious Metals
DHS
Mon Jul 27, 2009 9:01 AM
So, how does one invest in precious metals via the TSP? Can I withdrawal funds and purchase gold/silver coins without penalty? Seems everyone wants to penalize the taxpayer for doing what they think appropriate. When do I get to charge my $2.50 ATM fee every time the government comes to me for more money?
TSP INVESTORS EXPRESS OPTIMISM BY MOVING MONEY
INTERIOR
Wed Sep 2, 2009 9:53 AM
Remember too that CSRS employees like myself do not receive the luxury of having matching fund contributions thus we are more likly to be more conservative in our investment options.