Readers' Comments
Total Comments: 39
Page 2 of 4
Page 2 of 4
Back to the Future For Your TSP Funds
Total Comments: 39
Page 2 of 4
Page 2 of 4
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| Close | Change | YTD | |
| G | $13.2114 | +0.0012 | +0.70% |
| F | $13.6201 | -0.0062 | +2.14% |
| C | $13.8116 | -0.0706 | +4.49% |
| S | $17.9282 | -0.1903 | +8.91% |
| I | $18.5079 | -0.0782 | -0.16% |
| Close | Change | YTD | |
| L 2040 | $16.1968 | -0.0789 | +3.59% |
| L 2030 | $15.9593 | -0.0673 | +3.23% |
| L 2020 | $15.7365 | -0.0532 | +2.72% |
| L 2010 | $15.4595 | -0.0197 | +1.57% |
| L Income | $14.0856 | -0.0155 | +1.48% |
March 20, 2010
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Capitulation?
Apple
Fri Nov 21, 2008 10:54 AM
Post Reply
The pundits are saying we won't see a bottom until we see capitulation. So my request to all you TSP investors who still have C, I and S funds is : Capitulate already so we can reach bottom.
I chuckle when I hear the gold commercial. The narrator says: "You will never see the government being asked to bail out gold." True enough. It's also true that you can guarantee yourself a risk free, tax free investment of 6+ % by paying off your mortgage and freeing yourself of that monthly payment. Do what you wish with that monthly bonus. Spend it or invest it. Gold perhaps?
I'd like to write more but there are people pounding on my door seeking autographs..
Let's do the Dead Cat Bounce!
DOD
Fri Nov 21, 2008 11:18 AM
Post Reply
Things will be troubled for at least another year. With all the hoopla and constant talking about lack of confidence will create more lack of confidence. There is money, but no one with it is gonna lighten up and use it. With a credit score in the 700's not upside down in my mortgage, and not carrying a lot of consumer credit lines and what I have at a zero balance...I was denied a $500 amex. Go figure!
There will be up and down movement in the markets. Bounce, bounce, bounce!
Congress will do precisely the wrong things to try and fix the economy thereby dragging out the recession/depression even longer.
Has anyone even thought about what bringing home all those wonderful reservist and national guard soliders will do? We wrecked the economy while they were gone so they will not have soldier pay or their old jobs!
It is gonna get worse before it is better.
Market Bottom
USPS
Fri Nov 21, 2008 12:01 PM
Post Reply
Misery trickle down probably has a long way to go. 2009 could be a long difficult road. However, as bad as it is, it is cyclical. "Hope springs eternal."
Retirement Investments in stocks
USDA,FSIS
Fri Nov 21, 2008 1:06 PM
Post Reply
My wife and I have been federal retirees now for almost ten years. When we retired we left our our money in the "C" fund. After athe presnt administarion came on board we decided that this was to risky and rolled over our funds into a more secure retirement program. I greatful we are that we did so considering what has happened the with the money market. The thing that makes us wonder now is how many younger people that might have done what Bush wanted people to do to invest their social security in the stock market would consider that a secure way to prepare for the future when they retire. Its scary what happened to the people that might have done so.
About to retire
VHA
Fri Nov 21, 2008 1:08 PM
Post Reply
Well I am past retirement age and was waiting for the annuity to go up. Guess this is not going to happen for a long time. I did see the devastating drop in stock starting to plunge and moved my stocks into the G account. However, I have mutual funds that have lost 1/3 of their value.
Being retirement age I am trying to play safe and save what money is left from the plunge.
TSP Board Strategy of Investing
DOI
Fri Nov 21, 2008 2:16 PM
Post Reply
The TSP Board's strategy of buy and hold and no trading has led the unwitting federal employees into a failed approach to investing. This marks the end of the buy and hold mindless approach to investing. There is no excuse for not being actively involved in one's investments. I encourage federal employees to write their Congressional representatives and demand a major modification to the construct of the TSP and a replacement of the Board. amen!
Back to the future...
VA
Fri Nov 21, 2008 2:34 PM
Post Reply
I'm part of what would have been called the "retirement tsunami." The old "buy and hold" strategy hasn't worked and I can't see how it will at this point. Are we suppose to "hold" until every last penny invested is gone?
With 32 years in so far I'll stick around for a while. Maybe another 32 years the way things are going and I might get my losses back...but I doubt it.