Recent content by presskh

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    CSRS Voluntary Contributions roll over to Roth IRA or convert to annuity?

    The Federal Government is underwriting it. I'm on the old CSRS (not FERS). One perk of this system is the ability to put up to 10% of your lifetime earnings in what is termed a "voluntary contributions" account. You can then (prior to retirement) roll all of this money into a Roth IRA. The...
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    CSRS Voluntary Contributions roll over to Roth IRA or convert to annuity?

    I'm within a year of retirement on CSRS and am about to make a sizable after-tax contribution to the voluntary contributions program. My intent is to then transfer this to a Roth IRA I have at Vanguard. However, since I will be 59 when I retire, I can also get a 7.8% fixed life annuity...
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    Three Straight

    Nice move in the market, Coolhand. I think you got out at just the right time after the bounce.
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    coolhand's Account Talk

    By the way Coolhand, I'm sure I speak for many others who really enjoy your posts and your blog in saying thanks for all your efforts. I don't often post but I read you blog and your posts almost every day, as well as many of the links to interesting articles you provide. Although you...
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    coolhand's Account Talk

    Agree, Coolhand. We are in an almost unavoidable downward spiral any way you go. Since deficit spending is about 12% of the economy, the multiplier effect probably means it accounts for about 20% of the economy at present. Withdrawing this extra spending would mean a serious contraction. On the...
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    nnuut's Account Talk

    From the internet - seems reasonable: Materials Needed: rag baking soda white vinegar vacuum hot water 2 mixing bowls Procedure: Use the rag the scrub the spot soaked with gasoline. In one bowl, mix some vinegar with hot water. Create a baking soda solution in the other bowl. Apply the...
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    Birchtree's Account Talk

    You forgot the rest of the paragraph: " I should also emphasize that the pattern is not "bet-the-farm" reliable. Bottom Line: The market is still medium-term oversold, but it continues to show weakness instead of rebounding. This really concerns me. "
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    coolhand's Account Talk

    Happy Birthday, Coolhand! I enjoy reading your blog.
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    fabijo's account talk

    I like his reasoning. Unfortunately, we don't have enough people in Congress like him.
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    Show-me Account Talk

    Show, Although I don't have a lot of pity for the "Big 3", I don't really want to see them go under either. However, I have not seen them coming to Congress with a new business plan that will work. Just throwing money at them will only stave off bankruptcy for a few months, at best. I think...
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    Birchtree's Account Talk

    Re: Birchtree's account talk Birch, I understand that today's market prices will probably seem like bargains 3 to 5 years from now. But what makes you think that the economy is headed for such a quick turnaround - I see no indication whatsoever from any of the current world...
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    Corepuncher's Account Talk

    Best "approximate" rate of return calcs: today's balance - (12/31/07 beginning balance + YTD contributions) = net profit (net profit/(12/31/07 beginnning balance + 1/2 YTD contributions)) x 100 = approximate YTD % rate of return If you do not add the "1/2 YTD contributions" in the...
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    Corepuncher's Account Talk

    That's where you go now to get your pay stubs and change information about yourself, if you are a federal employee.
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    nnuut's Account Talk

    I also smoked for about 25 years, but managed to quit "cold-turkey" about 11 years ago. Although I believe the really bad cravings went away after a couple of weeks, it was actually a couple of years before I no longer thought about it. The worst craving times were after a meal or when I would...
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    nnuut's Account Talk

    I'm with you, Nnut - I don't have confidence in technical analysis of the markets in this environment.
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