Florida Congressman proposes to cut Congressional pay in response to 3.1% federal employee pay raise
The TSP’s C fund has been good to investors for two months in a row with a postive return of about 5.7% in November.
The future is hard to predict and even harder to conrol. In 1980, representatives of the Postal Service saw the agency retaining control of e-mail just as it does paper mail.
The Postal Service is engaging in more private enterprise ventures to the dismay of competitors.
The stock market rebound in October is reflected in the results of the C fund–up 8.77%. The F fund turned down slightly in response to market pressure in the bond market.
Several readers have asked FedSmith.com about the risks of investing in bonds. Our advice: Investing in a bond fund is necessary to have a diversified investment portfolio.
The TSP’s C Fund had a positive return in October of more than 8%–the best return since the height of the bull market way back in 2000.
With the C Fund down more than 20% in the past twelve months, fund investors are looking for a respite. They may get one in October if the stock trend continues for the last several days of October.
There is a positive figure for the September budget but it is still down about $159 billion for the fiscal year
Unions can be excluded from representing employees at TSA. Authority of the President to exclude employees from union representation is the crux of the dispute over the Homeland Security Dept. Will President exercise that authority at TSA?