It's having a pretty dramatic affect already. My robinhood play money account is down 5% overnight.
The question is, will it be a short term knee jerk reaction or a longer slide down?
I'm betting on the latter and moving to the G fund today. Knowing I will take a big hit but if the beating continues and I can get back in lower than I got out then I am gaining longer term, right?
It's gonna be a fun week
From: TSP_Strategy@yahoogroups.com [mailto:TSP_Strategy@yahoogroups.com]
Sent: Friday, June 24, 2016 8:56 AM
To: TSP_Strategy@yahoogroups.com
Subject: [Non-DoD Source] [TSP_Strategy] Re: Brexit
Does anyone think this will have a long-term negative effect on the markets? With the DOW futures down like they are, I was wondering if it may be a good time go jump back into S.
http://qz.com/715751/could-brexit-spark-the-breakup-of-the-united-kingdom/
Will the UK break up next?
http://www.nbcnews.com/storyline/brexit-referendum/if-britain-votes-brexit-will-other-countries-follow-n597536
Will other nations leave the EU?
We are currently in a long term bear market, and it isn't over yet, IMHO.
Posted by: "Silva, David J CIV" <David.J.Silva@uscg.mil>
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