The issue is "emotional decisions" produce losses.
Every investor and investment manager "times" the market.
Even Blackrock who manages all TSP Funds.
Selection of a method, and applying it with discipline is critical.
Not even the 'best' knows the future, nor has a method that will win if unattended.
First rule: Do not lose money.
Second: Use a method with which you can 'sleep at night without undue stress'.
Third: " You pays your money and take your chances" no matter what!
Ways to make money: Luck, Theft, Inheritance, Work.
My own choice is to work, investing with a disciplined use of a systematic approach. Be educated, pay attention, take my chances and live with it.
Do not go it alone, nor asleep. Personally I 'trend-follow', do not chase the latest winners, be prepared to exit, trade with discipline rather than emotion, and do not predict or forecast the markets.
Each person has to make their own decisions, eventually.
Every 'study' is done by a 'mere human'. Follow advice from those who have 'skin in the game', not free opinions. Do what works for you.
Ray Quick of TSP Radar.
Interesting point, Ray. It should be noted that even our indices are not carved into stone. The various companies that make up the indices are constantly under review. If their performance lags, they are replaced.
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Posted by: sarah_oz@yahoo.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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