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TSP Investors Express Optimism by Moving Money into Stock Funds

Gold and Economics

Active Duty
USAF
Sun Jun 21, 2009 12:44 AM

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As the cost of gold continues to increase, those with it are going to sell it...take the money and run...sooner or later it will come back down...I believe sooner. Guess we will find out.

Re: Gold and Economics

engineer
Air Force
Mon Jun 22, 2009 11:58 AM
I believe that is Shaneega's point. If the fiat (paper) money is worthless, a wheelbarrow full for a loaf of bread; when you sell your gold, what do you want to get paid with?

L Funds

Tired Old Fed
ED
Mon Jun 22, 2009 12:04 PM

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What a sad commentary on folks shrewdness (or lack thereof) that so few folks use the L funds. Look at how they performs over the very big swings of the last few years and you will see that they are the steady course to take.

Let Retirement Funds benefit workers, not Wall St.

Retiree
None
Mon Jul 6, 2009 1:20 PM

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The stock market is a fools game. When will these people ever wise up?

Contrary to what the “experts” say, stock market returns are overrated relative to safe compound interest bearing investments. Over the first decade of the 21st century the composite return on U.S. stocks is likely to be negative (S. Hanke, “Unconventional Wisdom”, Forbes, March 16, 2009). It is likely to be worse over the next 10 years. Compare the performance of the Vanguard GNMA (an example) to the S&P 500 over 10 years. Every time a bubble bursts, 401k savings in stocks evaporate resulting in diminished retirement options. The stock market is essentially a gambling casino; the house always profits. The only available options for retirement savings (401k, IRA, etc.) should be risk free treasury securities, ginnie maes and FDIC insured funds. Indeed, retirement savings should never be subjected to the risk inherent in the stock market. The G-Fund is an ultra safe vehicle dedigned to beat inflation.

Better investment silver, gold, or lead

Engineer
USACE
Tue Jul 21, 2009 1:56 PM

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For the person that said the best investment is silver, but not to keep it in the bank because if things got REALLY tough you would not be able to get at it. My recommendation would be if you think that things are going to get that tough that you should invest in lead, it is cheaper then silver by the pound and has more stopping power then gold!

Precious Metals

IT Specialist
DHS
Mon Jul 27, 2009 9:01 AM

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So, how does one invest in precious metals via the TSP? Can I withdrawal funds and purchase gold/silver coins without penalty? Seems everyone wants to penalize the taxpayer for doing what they think appropriate. When do I get to charge my $2.50 ATM fee every time the government comes to me for more money?

TSP INVESTORS EXPRESS OPTIMISM BY MOVING MONEY

PROGRAM SPEC.
INTERIOR
Wed Sep 2, 2009 9:53 AM

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Remember too that CSRS employees like myself do not receive the luxury of having matching fund contributions thus we are more likly to be more conservative in our investment options.

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