Use of free software may not be less expensive that using Windows. Some federal agencies are still going with the “free” version though
November was generally good for TSP fund investors with the S fund leading all others.
Political appointees and career civil service will be competing for money from the same bonus pool
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 2002 is reflected in the results of the C fund. The F fund turned down slightly in response to 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.