Aviator Guy's Account Talk

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Someone on this WSJ article wrote, “The people who brought you ski slopes smack dab in the middle of the desert might have trouble servicing their debt? Gee, who da thunk it?”

You must admit, that’s a pretty funny comment on the economic crisis in Dubai…

http://online.wsj.com/article/SB10001424052748703499404574561421358490650.html

As far as my account, I guess it all comes down to how the markets react in Asia this weekend and especially on Monday!! If I see a major downturn on Monday, I will jump back into stocks. If they are neutral, I will probably get back in as well, probably with the C Fund. This buy and hold 2 IFT limit from the TSP board is hurting TSP investors!! I just wish they would start a Gold Fund and Real Estate as promised, especially now!! Good luck with your TSP investments!!:cool::cool:
 
WorkFE said:
Check your local welfare office thats where you will find them.
Click to expand...

The people who work are getting outnumbered by the ones who dont or dont want to work - look-out! the Nation is headed for a black hole :eek:

But not to worry our Mighty Leaders in the FedGov will save us! they will print mo' money and everything will be alright (sarc) :notrust:
 
I sure wish we had those unlimited IFT’s back in our TSP pockets. I find my trading is now ruled by those IFT limitations, so we’re really stuck with the TSP board buy and hold strategy. I decided to move back into large caps November 30th so as not to waste an opportunity to get back into stocks. Now I’m holding my breath that the Dubai situation settles down. As far as the USA economy, this report off of Bloomberg this afternoon is encouraging! Any level over 50 is Das Gud!!! :cool::cool:

http://www.bloomberg.com/markets/ecalendar/index.html

Business Activity in U.S. Unexpectedly Accelerated (Update4)


By Bob Willis

Nov. 30 (Bloomberg) -- Business activity in the U.S. unexpectedly accelerated in November as orders climbed, signaling the economic recovery will carry through into 2010.
The Institute for Supply Management-Chicago Inc. said today its barometer rose to 56.1, the highest level since August 2008, from 54.2 the prior month. Readings above 50 signal expansion. Milwaukee and Texas also showed gains in manufacturing, other reports showed.
 
So much for tightening the budget… LOL:cool::cool:

Highlights of the $1.1 trillion spending bill that passed the House on Thursday:
_$519 billion in routine payments for Medicare and Medicaid.
_$3.9 billion for more than 5,000 "earmarks" — or home state projects sought by lawmakers.
_Establishes an appeals process for automobile dealers closed by General Motors and Chrysler.
_Permits the Washington, D.C., government to provide abortions with locally-raised revenue; permits needle exchange programs in the city; and allows implementation of a medical marijuana referendum.
_Eases restrictions on federal funding of needle exchange programs to combat the spread of disease by drug users.
_Allows Amtrak passengers to transport firearms in checked luggage.
_$7.3 billion for the 2010 Census.
_$5.1 billion for heating subsidies for the poor, almost 40 percent more than requested.
_$41 billion for highway construction, a slight increase.
_$1.6 billion to subsidize Amtrak.

http://www.google.com/hostednews/ap/article/ALeqM5haCLXGQ395I-MYqz7VQV8xNUNsTwD9CGMFEO0
 
Aviator_Guy said:
So much for tightening the budget… LOL:cool::cool:

Highlights of the $1.1 trillion spending bill that passed the House on Thursday:

__$5.1 billion for heating subsidies for the poor, almost 40 percent more than requested.

http://www.google.com/hostednews/ap/article/ALeqM5haCLXGQ395I-MYqz7VQV8xNUNsTwD9CGMFEO0
Click to expand...

The UN, UE and United States Global Warming organizations should be required to donate, if not all, then a goodly portion of this. It should be presented to Copenhagen delegates, and they should particpate by funding this into all the countries that happen to have portions of their land not protected from the cold by the effects of the current GW.
 
Hmmm, looks like that little short Iranian President (mini me / I dema dodge) wants to stir things up in Iraq… I hope this is just a false report because I’m in the C with no more IFT bullets left…:cool::cool:

Baghdad, Iraq (CNN) -- Iranian security forces seized an oil well in southern Iraq on Thursday night, two senior Iraqi government officials said Friday.
The oil well is in Maysan province, east of Amara, near the Iranian border, the officials said.
Iran is denying the incident took place and said that Iraqi authorities have not yet contacted the Iranian Embassy in Baghdad. And Iraqi authorities didn't know whether Iranian forces still had control of the property on Friday.
The officials said Iraq's Foreign and Oil ministries were mulling what steps to take, and state TV said Iraq's National Security Council was to meet Friday to discuss the incident. Prime Minister Nuri al-Maliki was to preside over the meeting.
http://www.cnn.com/2009/WORLD/meast/12/18/iran.iraq.oil.well/index.html
 
I noticed the new TSP website has a beta website and its pretty cool… I also noticed the TSP site now has a PIP (Personal Investment Performance) that is posted the 3rd business day of each month… My PIP for the last 12 months ending 02/28/2010 is 29.49%... It feels really good to recover a little from the 2008 stock market disaster!!!... I’m still 27K away from my peak balance in 2007, but that doesn’t factor in my Maxed out contributions / matching funds and the over 50 catch up funds deposited… The 2008 returns really hit my TSP, I just hope it didn’t turn off any of our TSP investors…

I decided to jump out of the S fund COB 3-5-2010… I’ve been in the S fund since late January… I just want to cool my jets for a while in March and sit on the sidelines… I will jump back in if I see any downward trends (> 2%) next week… I still like the S fund…:cool::cool:
 
Special Notice for April 2nd: Because some of the stock and bond markets will be closed Friday, April 2nd, we will not be updating share prices in any of the TSP funds for that day. Consequently, transactions will not be processed until the following business day (that is Monday, April 5th).

Moved back into the S COB 3-31-2010 so as to not waste my 2nd IFT for March… I was waiting for a downward correction after I moved into the F on March 5th, but no such luck… The post above was taken off of the TSP website… Good luck with your TSP investing!!!:cool::cool:
 
OK, that’s it, I’m out… Where is the TSP board in all of this??? I base my investing on their new rules for TSP participants which limits us to only 2 IFT’s per month!! The TSP board states they restrict Federal Employee’s IFT’s because it costs the plan too much money. Counting today, I lost more money in the TSP than I paid for my third house! The IFT restrictions are killing my account. And whatever happened to the TSP board opening up a Gold Fund??? The TSP board has done absolutely nothing to help participants and they do not have the best interest of Federal Employees.:cool::cool:
 
If you are say 5 or more years from retirement that may not be the thing to do.

I can go anytime, and am still standing in 99% in front of the bus with the headlites glaring at me.

If you held on in March 09 and didn't sell you should be able to endure the recent emotional sell off of a much lesser magnitude. You can bet the big boyz are in and buying like MOFo's

Now, where did I put my Valuim.......
 
So does Aviator. TSP is a cottage industry now with antiquated systems of contact and discussion. I had to write them a letter today to ask why my 05/06 TSP loss shows 4.0% instead of 3.3%. Write them a letter! Write them a paper letter!
 
Apple Profit jumped 78 percent!!! My wife and I purchased a couple of the Apple 3G iPads when they first came out and we love them. I’ve been so impressed with these new Apple devices I purchased a Mac Mini to replace my old desktop computer. I would highly recommend Apple products hands down… :) :) I passed up the iPhone and decided to get the new Sprint HTC 4 G phone and it works pretty good.

Copied this from the Wall Street Journal… Just released…

JULY 20, 2010, 5:20 P.M. ET

By JOHN KELL
Apple Inc.'s quarterly profit jumped 78%, as the company posted stout initial sales of its multimedia iPad device and the latest version of its smartphone, the iPhone 4.
A main driver of growth for the quarter was the iPhone, which sold 8.4 million units, 61% more than a year earlier. Apple also reported it sold 3.3 million iPad devices, which became available in early April.
 
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