[TSP_Strategy] Re: Another Bad TSP Month

 

     I'm still a rookie when it comes to investing, but the lessons I learn stick with me.  Back in 2007 I had only just started investing, had a little over 11K in TSP and deposited about 7K that year.  So at the end of the year (yes, I did not check it that often and used it as a loooong term account) when I had only 9K in TSP, I was pretty stunned.  My friend offered me my first lesson:  "Keep your chin up, you haven't lost a @#$! cent until you move that money, or take it out.  It will recover.  Leave it alone."  The second lesson that day was "Just think of how cheap you are getting those shares for right now.  You are getting a steal."  I sure was.

     This is probably old news to some of you, but as I see the share prices fall again, I don't feel so bad. We're getting a deal right now. And I am getting another lesson knocked out about the importance of bonds, when the time is right. 

Now, if I could just find a good used crystal ball to know when the time is right, I would be even better off...

My crystal ball seems to be cloudy as of late.

Hang in there!  And thank all of you for your advice.  I wish I had more to offer. -Perry

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Posted by: hollenbeck_perry@yahoo.com

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