That is a generic statement that would apply to a normal market. The concern is that this is an outlandishly abnormal market. It has done nothing but go UP consistently for the past 8 years. Almost everybody in the world considers it to be dramatically overvalued.
If one is a gambler and willing to weather a 10 year downturn then yes, stay in US based common stocks (C, S, etc.). Just be aware that when the “correction” does happen it could take as long as 10 years to get you back to where you were before the correction.
I bought a house in
Being old and having lived through the Housing bubble, the Dot com bubble, the Telecom bubble, etc., I have a special appreciation for overinflated, unsustainable bubbles. The
Buyer beware…. You have been warned. Some on the inside (Gates, Buffett, Soros) have been kind enough to raise warning bells to the unshaven masses. (Generally they keep that information to themselves.)
If you are willing to wait 10 years to get back to having as much money as you have today, then by all means be a “long term investor” and stay in. If you are not, try to “time the market”, get out before it crashes, then when it crashes “buy the dip”.
As I said, I am only treading water in I fund. I could tread water every bit as well in G, but with NO risk.
Many think we have another October 29, 1929 coming in the next 12 to 24 month.
Comments, thoughts, and healthy debate are always welcomed.
Thanks,
Steve.
From: TSP_Strategy@yahoogroups.com [mailto:TSP_Strategy@yahoogroups.com]
Sent: Saturday, March 10, 2018 12:21 PM
To: tsp_strategy@yahoogroups.com; tsp_strategy@yahoogroups.com
Subject: Re: [TSP_Strategy] Why I fund
No. Go to the G fund if your risk tolerance is this low.
From: TSP_Strategy@yahoogroups.com <TSP_Strategy@yahoogroups.com> on behalf of 'steve_thompson777' steve_thompson777@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com>
Sent: Saturday, March 10, 2018 10:49:23 AM
To: TSP_Strategy@yahoogroups.com
Subject: RE: [TSP_Strategy] Why I fund
Is anybody ready to freak out, seek shelter, and dump everything in G???
Several of the top analysts in the world have called for a 40% “correction” in US based common stock over the next 12 to 18 months….
I followed Sarah and dumped everything into I, but I have done nothing but treaded water there. I can tread water in G, and the risk of capital loss goes to almost zero.
From: TSP_Strategy@yahoogroups.com [mailto:TSP_Strategy@yahoogroups.com]
Sent: Saturday, March 10, 2018 10:11 AM
To: TSP_Strategy@yahoogroups.com
Subject: Re: [TSP_Strategy] Why I fund
Good Morning- Has anyone received any emails from Sally? I haven’t seen any from her for awhile and wondering if somehow I got dropped off of the group?
Sent from my iPad
On Mar 10, 2018, at 10:06 AM, mikestacyboomer@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
Where is everyone? I fund is still my preference long term, but for the past few weeks I have been split between C/S/I. Just putting that out for conversation.
I have no technical analysis to justify this move, other than momentum. I will reconsider again at the end of the month. It has been a rough ride the last two months.
Posted by: "steve_thompson777" <steve_thompson777@YAHOO.com>
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