Pandemic

Good Evening, Folks if you ever want to gain anything in this business you must understand one principle and that is that it’s not what you make that’s important it’s what you keep! Corrections and bear markets are normal and in most cases are healthy occurrences. You plan for them and you mange them. Current investors much like investors during the dot com bubble in the 90’s have been spoiled by a market that pretty well has moved straight up for the past ten years. When there were bouts of selling they were usually followed by V shaped recoveries that prior to 2008 were as rare as hound’s teeth. So they became conditioned to automatically buy all dips and they scoffed at those that sold and protected their portfolios during downturns. When the dot com bubble finally burst in 2000 those investors lost everything they made and many cases more and it is much the same now! Learn from this and you can achieve your dreams!! Ignore it and you will be doomed to repeat the past. This is not the first pandemic that this market has faced and it likely won’t be the last. Google H1N1 and you will find out that we had a pretty bad one as recently as 2008. PANIC IS NOT A STRATEGY!!!!!!!! Keep your families and your portfolios safe. The world will eventually recover from COVID-19 and the market will recover in time to come after that. When it does there will be one to the greatest opportunities to make money that you’ve seen in your lifetime. Have a nice evening and may God bless you and keep you. May He also continue to bless your trades.

God bless, Scott Sunglasses

 
 ***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

  • 04/22/2024

    Good Morning, I decided to go ahead and get this blog out of the way because there is so much turmoil in the market this morning. Wow, what a week it was. It seems like a month passed by. It was just a little over a week ago when the market was flying high and…

  • 04/15/2024

    Good Evening, Wow, where do I start tonight? First let me talk briefly about last Thursday’s interfund transfer. We issued the transfer alert at 11:00 AM  that day and there were several folks that didn’t see it in time to make the trade before the TSP deadline of 12:00PM. Given the next days drop their…

  • *****Interfund Transfer******

    Good Day, It’s time to adjust our mix. The new mix is 100/G Please remember that this is the percentage of money that we have invested in each fund, not the money that is taken from your check and deposited into thrift. Those future contributions should always be 100% G Fund. That automatically protects your deposit in the event that it is…