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Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Sat Dec 08, 2018 4:41 pm
by Optimus187
I heard a discussion on the issues involving Brexit. Next week will be a huge week. I Mays deal is a no go , she will probably be given a vote of no confidence and this will cause what is call a Hard Brexit.

If a hard Brexit hit, that means that the UK will be separating from the EU hard and fast. This will then cause the British pound to plummet and send the dollar sky rocketing.

If the dollar skyrockets then the S and P will take a major hit, I assume the I fund will too.

I think the safe play is jump out to the G and see how it shakes out. I know the fundamentals are strong but that hard Brexit stuff really has me concerned. Thoughts?

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 1:16 am
by head
I truly wish I could disagree with you. but I do not. I am also going 100% on COB Monday to the G fund. Between the Brexit and "Tariff Man", there is currently no options were we can make some gains in the TSP.

Going to the G fund is not the hardest choice. The hardest choice is when to go back in to the other funds available to us..!!

Good luck everyone and Merry Christmas/Happy Holidays.

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 4:52 am
by cswift01
head wrote:I truly wish I could disagree with you. but I do not. I am also going 100% on COB Monday to the G fund. Between the Brexit and "Tariff Man", there is currently no options were we can make some gains in the TSP.

Going to the G fund is not the hardest choice. The hardest choice is when to go back in to the other funds available to us..!!

Good luck everyone and Merry Christmas/Happy Holidays.
Every time I think the stock funds are going to finally return, we keep going lower. Kakistocracy...

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 8:20 am
by Billionair
I agree with everyone. The con's outweigh the stock market. Fed Meeting on the 18th, Tariffs, arrest of China's CEO, Brexit, Saudi Arabia arguing, government shutdown.

Pros: job report (didn't help), agreement on China trade deal (cooled), Fed rates (lukewarm), positive seasonal tendency (hasn't favored us yet).

I've had to stem the bleeding, and buying the dip is what I have known/made money on. G/F seems to be a safe play while this chaos unfolds. I believe it will be a hard week, the progress on Mueller and the government shutdown are serious things to be considered by the end of next week. I hear whispers of indictments.

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 11:19 am
by mango72
Billionair wrote:I agree with everyone. The con's outweigh the stock market. Fed Meeting on the 18th, Tariffs, arrest of China's CEO, Brexit, Saudi Arabia arguing, government shutdown.

Pros: job report (didn't help), agreement on China trade deal (cooled), Fed rates (lukewarm), positive seasonal tendency (hasn't favored us yet).

I've had to stem the bleeding, and buying the dip is what I have known/made money on. G/F seems to be a safe play while this chaos unfolds. I believe it will be a hard week, the progress on Mueller and the government shutdown are serious things to be considered by the end of next week. I hear whispers of indictments.
Past Gov't shutdowns have not been a major reason for sell offs. And I do not think Trump will receive punishment as if things heat up, he will resign. How will his resignation affect the market? i believe it will help. He has been an insulting figure in the international community and a horrible representation of this nation. His "art of the deal" style has not worked. Im hoping someone steps in and finds compromise in an otherwise escalating fight that was begging to take the world economy with it. Yes China is crooked and something eventually needs to happen there but doing so diplomatically would be in the best interest of all world markets.

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 11:51 am
by jlozano042
mango72 wrote:... He has been an insulting figure in the international community and a horrible representation of this nation. His "art of the deal" style has not worked. Im hoping someone steps in and finds compromise in an otherwise escalating fight that was begging to take the world economy with it. Yes China is crooked and something eventually needs to happen there but doing so diplomatically would be in the best interest of all world markets.
Image

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 11:57 am
by misfit
jlozano042 wrote:
mango72 wrote:... He has been an insulting figure in the international community and a horrible representation of this nation. His "art of the deal" style has not worked. Im hoping someone steps in and finds compromise in an otherwise escalating fight that was begging to take the world economy with it. Yes China is crooked and something eventually needs to happen there but doing so diplomatically would be in the best interest of all world markets.
Image
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:lol: :lol: :lol: :lol: :lol:

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 12:11 pm
by mango72
jlozano042 wrote:
mango72 wrote:... He has been an insulting figure in the international community and a horrible representation of this nation. His "art of the deal" style has not worked. Im hoping someone steps in and finds compromise in an otherwise escalating fight that was begging to take the world economy with it. Yes China is crooked and something eventually needs to happen there but doing so diplomatically would be in the best interest of all world markets.
Image

You guys care to impart something meaningful? Other than your gifs...

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 12:17 pm
by PhilJohn
I've been in S since September. I have all the time in the world so I'm not selling. I'm just buying at discounted prices for now :)

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 1:08 pm
by Optimus187
Great news today on Varney and Co. China is looking to make a deal. Apparently, the arrest of the Chinese exec. has only strengthen the US position. Hopefully, this is true.

Also, the Brexit vote was postponed.

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 1:14 pm
by wingchaser
I made the move to the G Fund (today), though Mr. Perfect was strongly urging me to do this back on 4-Dec-18 (right @ the time I made an ill-advised Contrarian move). This year has ended in a way that was anything but "perfect" for me...

Best Wishes (everyone) in all you chose to endeavor!!!

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 3:59 pm
by dougellen1
mango's comments deserve no comment

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 4:06 pm
by mango72
dougellen1 wrote:mango's comments deserve no comment

Well...you just gave one. And how inspiring it was...

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 7:52 pm
by mrpark31
wingchaser wrote:I made the move to the G Fund (today), though Mr. Perfect was strongly urging me to do this back on 4-Dec-18 (right @ the time I made an ill-advised Contrarian move). This year has ended in a way that was anything but "perfect" for me...

Best Wishes (everyone) in all you chose to endeavor!!!

Re: Hard Brexit looming, jumping to G on Monday. Thoughts?

Posted: Mon Dec 10, 2018 8:54 pm
by visual18
wingchaser wrote:I made the move to the G Fund (today), though Mr. Perfect was strongly urging me to do this back on 4-Dec-18 (right @ the time I made an ill-advised Contrarian move). This year has ended in a way that was anything but "perfect" for me...

Best Wishes (everyone) in all you chose to endeavor!!!
Good luck bro. I am one of your followers.