A rational person could read recent financial headlines and conclude that the end of wealth accumulation was at hand. A credit crunch, falling housing prices, falling stock prices and general panic seemed to be in the air. How did TSP investors react? Did they bail out of their TSP stock funds? Here are the statistics that reflect the actions of your fellow investors.
What is the value of the compensation package for the average federal employee in 2006? Would you believe $111,180?
TSP stock fund investors will see a reduction in their stock returns for the second month in a row as the fund reflect the overall direction of the stock market. Here are the results for the TSP funds for July 2007.
The stock market has been volatile as new market highs are followed by dramatic drops in stock prices. Should you yield to your inner conscience and sell your TSP stock funds while you can still get out? Invest your money wisely and enjoy the ride.
Who wins and who loses in our legal system seems to ebb and flow. The Equal Access to Justice Act created new winners and losers. But, as with many laws, new interpretations may change how the law is applied and create new winners and losers. Here is an example.
How much will the retirement check for federal retirees kick up in 2008? Here is a mid-term report on next year’s COLA.
Federal military and civilian pay is going up and has been for a number of years. Next year’s pay raise is probably safe as well. The philosophy underlying the rapid rise in military and civilian pay has historical precedent. It may not be relevant to America–or perhaps we just don’t learn from history.
The stock market has hit new high levels. TSP stock funds are hitting new highs. Some investors are elated. For those TSP investors getting ready to retire, and who may have sold their stock funds when the market dropped back in February, their emotions may be moving in the opposite direction. Will they now sell the bond funds and move into stocks?
Government ethics with a sense of humor will seem like a misprint to some readers. But one government official has gone to a lot of effort to catalog “ethical lapses” of some federal employees with an eye toward illustrating how one can ruin a career, and perhaps go to prison, by failing to follow the dictates of ethical standards of conduct.
An employee of a federal nuclear research facility had an obsession and access to a sophisticated computer network. The result was a stalker who terrified a family.
