350zCommtech's Account Talk

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It (Wall Street losses) means nothing to a federal listener who is well-diversified in the Thrift Savings Plan and is saving for his or her retirement security, because that federal employee is looking at the long term. Over the long term, the broad-based indexes in the TSP will provide you with good returns and help set you up for retirement.
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No offense, but the person that wrote this has his head stuck in the sand. Being well diversed is just equally spreading your pain! If the average FERS employee has ~71K in their accounts which account for ~22% of your retirement... well get ready for the soup line.

Geaux
 
One day in the week before February 6? Could that be everyone doing their 3rd transfer for January?:toung: Along with watching the funds go up...then down. :eek:

And "diversified"? At this time, if that's a code word for L fund, L2030 does not look like a nice place for SB to build a nest as it's falling out of the tree.
 
anidoc said:
350,

Did you quit posting IFT's in your account thread? I thought I remembered seeing a post in the talk thread that you were just posting in the talk thread and in the tracker now.
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Well, all our account threads are locked up. We can't post in them any more.
 
LOL!!!

The market decides to tank after the 3:00pm est., F fund cut-off time, and I'm going to lose a penny or two in the F fund.:rolleyes:

If not for the trading restriction, I would have been in the G fund for the penny.:mad:
 
350zCommTech said:
Reminder:

Cisco reports today after the bell. I'm expecting a not so good outlook.

Tomorrow, we will get jobless claims, pending home sales, and a couple of home builder earnings. DR. Horton might suck.

I don't see a need to burn 1 of my 2 transfers. I'm staying in the F fund.
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Bad guidance during the CC and CSCO is now down 8% after hours.

I told you so.....:D
 
Just put in 50% I and 50% S and let in ride until the end of the year. This way you will not miss a nice return.
 
Rod said:
Read that letter carefully- with the eyes of a lawyer.

You will see the word, "may", not "will".;)

CALL THEIR BLUFF!
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I agree with Rod - the letter is an obvious bluff. They are hoping people will assume the restrictions will go into effect right away (and obviously it is working to some extent), but there's no chance of that! As Anidoc said, they'd have to change the software on the tsp.gov website first, and it'll take them 6 months to do that, AFTER they get approval to make this change, which they do NOT have yet! Folks, don't fall for this bluff............make as many IFT's as you want, nothing is going to change for many months, if ever. If anyone is blocked from making an IFT, please let us know right away, as that will be evidence that they started making changes before they have legal authority to do so.
 
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