Good Evening, Sometimes you just have to be happy with where your at. I must admit that I wasn’t pleased when I sold at around -4.00%. At the time I noted in that days blog that sometimes you just have to do the right thing and sacrifice for the the future. I also said that if you wanted to get out of a hole you had to stop digging. As time passes I have come to appreciate that decision. While it was painful to sell at the time, the current slide in stocks proves that it is never to late to do the right thing. It’s true that buy and hold worked to perfection during the Fed induced bull market that lasted from the 2009 until now. It’s also true that many folks were fooled by it. Those that have only been trading since 2009 absolutely have no idea what to do with this bear market. Even those of us that traded prior to 2009 were lulled to sleep by one of the longest (thanks to the Fed) bull markets in history. Fortunately we woke up before too much damage was done and remembered the way it used to be. Unlike the aforementioned investors that are panicking we know what to do. Folks, as aggravating as this bear market is, we know from the past that it is an opportunity. I recently quoted the famed investor (probably the greatest of all time) Warren Buffet who said that the stock market is an instrument that transfers wealth from the impatient to the patient. This is exactly what he was talking about. We’ve done this before!!! This is nothing new! We don’t have to buy at the exact bottom. All we have to do is be in when it goes back up. Each day that the market goes down we are making money. The price of equities gets cheaper and cheaper as the value of our capital remains steady or slightly improves. The bottom line is that when the time comes we will be able to buy far more shares than we owned before. And that…..is how it’s done! Moving on….the market continued it’s slide today with the main issues being a possible government shutdown and yesterdays Fed decision/ statement. You can check out the link below for the details…
The days selling left us with the following signals: Our TSP allotment was steady in the G Fund. For comparison, the Dow dropped -1.99%, the Nasdaq -1.63%, and the S&P 500 -1.58%. If you stack that on top of their recent losses it amounts to quite a bit of red ink. Praise God for guiding us to the G Fund. May He continue to bless our trades!
The days selling left us with the following signals: C-Sell, S-Sell, I-Sell, F-Buy. We are currently invested at 100/G. Our allocation is now -3.92% on the year not including the days results. Here are the latest posted results:
| 12/19/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.9766 | 18.1009 | 35.9343 | 43.8667 | 26.6855 |
| $ Change | 0.0013 | 0.0451 | -0.5578 | -0.7637 | -0.1973 |
| % Change day | +0.01% | +0.25% | -1.53% | -1.71% | -0.73% |
| % Change week | +0.04% | +0.67% | -3.56% | -4.16% | -1.87% |
| % Change month | +0.16% | +1.60% | -9.07% | -10.92% | -4.92% |
| % Change year | +2.81% | -0.08% | -4.46% | -9.49% | -13.51% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.6638 | 26.7556 | 29.592 | 31.7949 | 18.2036 |
| $ Change | -0.0477 | -0.1022 | -0.2304 | -0.2975 | -0.1954 |
| % Change day | -0.24% | -0.38% | -0.77% | -0.93% | -1.06% |
| % Change week | -0.56% | -0.89% | -1.83% | -2.20% | -2.53% |
| % Change month | -1.44% | -2.32% | -4.78% | -5.75% | -6.59% |
| % Change year | +0.58% | -0.50% | -3.72% | -5.03% | -6.15% |
