02/10/16

Good Evening, The market continued with it’s typical bear market behavior today. It continued down in the morning and then pared it’s losses in the afternoon. The action was based on the same old concerns, world growth, energy, and the FED. Janet Yellen is speaking tomorrow and the market is sure to move one way or the other on her words. The thing that always gets folks in trouble with a bear market is that the bottom is just around the corner. Take todays action, as things improved late in the afternoon, you could hear some of the market pundits saying the worst may be over and it may even be time to do some buying. So those that have stuck it out this long say, well maybe it is over, I don’t need to sell, I’ll just hold it a little longer. They next thing they know, their a few more points down. Here’s they deceiving thing about bear markets. As James DePorre (Rev Shark) often says “They don’t scare you out. They wear you out” . So how do you deal with a bear market? Theirs an old proverb “If you find yourself getting too deep, then quit digging.” Stop telling yourself that relief is coming in the next trading session. Before you know it you’ll find yourself down 40 or 50 percent……

The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison the Dow was off -0.08%, the Nasdaq -0.35%, and the S&P 500 -0.07%. Gold, bonds and cash have been the place to be.

 

Market Comeback Erases Most of Day’s Losses

 

The days action left us with the following signals: C-Neutral, S-Sell, I-Sell, F-Buy. We are currently invested at 100/G. Our allocation is now +0.23% on the year not including the days results. Remember “It’s not what you make. It’s what you keep that’s important!” Here’s the latest posted results:

02/08/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.95 17.3142 25.0457 30.1145 21.6558
$ Change 0.0023 0.0732 -0.3567 -0.7242 -0.5112
% Change day +0.02% +0.42% -1.40% -2.35% -2.31%
% Change week +0.02% +0.42% -1.40% -2.35% -2.31%
% Change month +0.04% +0.62% -4.39% -6.37% -4.77%
% Change year +0.23% +2.12% -9.13% -14.53% -10.12%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.4538 22.1152 23.4282 24.5438 13.7123
$ Change -0.0559 -0.1817 -0.2691 -0.3316 -0.2137
% Change day -0.32% -0.81% -1.14% -1.33% -1.53%
% Change week -0.32% -0.81% -1.14% -1.33% -1.53%
% Change month -0.90% -2.21% -3.06% -3.57% -4.08%
% Change year -1.80% -4.71% -6.52% -7.63% -8.74

That’s all for tonight! Have a nice evening.

 God bless, Scott 8-)
 
 ***Just a reminder that you can review the performance of our allocation at the Web Site TSPTALK.com in the autotracker section under the screen name KyFan1.
 
 
I produce and publish this blog as both a ministry and for the benefit of any Federal Government Employee. This is done to offer you some guidance as to how to approach your retirement more financially successful. When it is time for you to retire, I recommend you utilize the services of a Professional Money Manager, who works with a reputable investment firm. He understands the guidance you have already received and he can manage your savings assets utilizing a more advanced investment program into the future. 
 
If you would like to receive more information about this introduction, please feel free to contact me at  KyFan1@aol.com. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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