Boghies Account Talk

Hey Birch, Don't Tell Anybody...

Let's keep this one a secret.

I wanted to put that stupid 10% I'm holding in the 'F Fund' toward the 'S Fund'. You know, buy the dip and all that. Brilliant, absolutely brilliant. A masterful market timer:laugh:

I forgot that the TSPers keep banker's hours. Closed today...

Why close an automated trading site on a day the market is open?:confused:
 
I'm with ya there on the secret. Great minds think alike I guess. However, the TSP site says nothing about being closed that I see, and when I posted a move, it didn't warn me that it wouldn't take effect till close of business tomorrow.... disregard... found the message. Would have thought it would be a little more eyegrabbing... No accounting for idiocy I guess :)
 
Dakota,

We could start a Market Timing Newsletter. Maybe Tom will let us have a blog.

We will time our trades for holidays and weekends:p



Anyway, I'm such a bad timer this flub will probably save me money:laugh:
 
Gotta Bail on that 'F Fund'

While I don't like ALL of the indexes falling, that "F Fund" looks like the worst of the bunch...

Everybody seems to think bonds are toppy.

And, folks gotta move their assets somewhere...

So:
G: 0%
F: 0%
C: 40%
S: 20%
I: 40%​
80% in large cap with a little juice in the small cap.

Still have 1 IFT left in November to rebalance the equities funds
 
I don't think college kids should be allowed to vote until they find employment and start paying taxes - that way they have some skin in the game.
 
I don't think college kids should be allowed to vote until they find employment and start paying taxes - that way they have some skin in the game.

Then how do we account for all these politicians photo oping when they vote for them selves? Did they ever find employment? Did they ever pay taxes? :cheesy:
 
What a surprise...

Kalefornea can't sell its debt:embarrest:

California's $10 billion bond sale this week was seen as a test of access for governments to the bond markets, and the middling interest signaled that municipalities could have to pay more to attract investors​

I've been hearing commercials every hour on the value of buying short term Kalefornea bonds. What a deal!!!

After pouring billions into municipal bond funds most of the year, investors pulled $115 million out of the funds last week, the Investment Company Institute said Wednesday. That was the first weekly outflow in seven months, ICI said​

My guess is that the advertising ain't workin'.

I don't know how that will directly affect us, but it might be positive for the 'C/I Funds'. Folks will be looking for safer investments with dividends they can count on.

Go Blue Chips!!!
 
The United Nations...

Re(1): 'A Second Point of View', The Belmont Club, John Fernandez (Wretchard)

When the 'United Nations' had teeth of steel and skin of armour...

It is truly amazing to hear the term 'United Nations' describing a victorious war machine forcing the surrender of a warrior culture.

Today the 'United Nations' is a toothless hag trying to capture the carbon footprint of warships built and sunk during that 'pointless' war.

Oh well...
 
Just A Simple Question?

Folks,

Both the 'G Fund' and Social Security use the same investments.

G Fund FactsBy law, the G Fund must be invested in nonmarketable U.S. Treasury securities specially issued to the TSP. The G Fund investments are kept by electronic entries which do not involve any transaction costs to the TSP. The G Fund rate is set once a month by the U.S. Treasury based on a statutorily prescribed formula (described below), and all G Fund investments earn that interest rate for the month. (The G Fund rate is also used in other Government programs, such as the Social Security and Medicare trust funds and the Civil Service Retirement and Disability Fund.)​

Why did Social Security benefits not accrue cost of living increase over the past two years while the 'G Fund' grew 2.97% in 2009 and 2.42% so far?

Just asking...

Is the Federal government gaming the system?

Are we really skimming the equivalent of hidden fees from oldsters?
 
Q. What is a cost-of-living adjustment (COLA)?

A. A COLA is an automatic adjustment in benefits that occurs annually. The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of the last year a COLA was determined to the third quarter of the current year. If there is no increase, there can be no COLA.
Q. Who determines the CPI-W?
A. The CPI-W is determined by the Bureau of Labor Statistics in the Department of Labor. By law, it is the official measure used by the Social Security Administration to calculate COLAs.

Q. Why is there no COLA for 2011?
A. By law, Social Security and Supplemental Security Income benefits increase automatically if there is an increase in the Bureau of Labor Statistics’ Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from the third quarter of the year in which a COLA was last determined to the third quarter of the current year. This year there is no increase in the CPI-W from the third quarter of 2008 to the third quarter of 2010.
http://www.ssa.gov/cola/2011/2011faqs.htm#q1
Crooks! :nuts:
 
All In!!!!

Kinda Edelman Scientific though...
G: 0%
F: 0%
C: 50%
S: 30%
I: 20%​
This allocation has an average return of 10% with a standard deviation (risk) of 13%.

And, it gets 20% of my assets out of the EU.

And, keeps no assets in the F.

Yuk, and more yuk.

:p
 
Mr. Buffet - please shut up...
I know it is a free country, and I know we have free speech - but can you just shut up.

Let me give you some free - and very easy - advice to solve your tax problem.

Fill out the 1040 Short Form.

I know you can't fill out the 1040EZ, but you can use the short form.
Also, save some aggravation and some tax attorney fees by not seeking a bunch of write-offs. Why keep all your trading and business expenses in a bunch of shoe boxes. Don't bother keeping those records since you won't be writing off those silly expenses.

Then move to sunny Kalefornea or green New York.

Finally, I’ll fill out the 1040 Short Form for you. My gift. My donation.

See, easy...
I fixed your problem...
Your marginal tax rate will be 40%...
 
Mr. Buffet - please shut up...
I know it is a free country, and I know we have free speech - but can you just shut up.

Let me give you some free - and very easy - advice to solve your tax problem.

Fill out the 1040 Short Form.

I know you can't fill out the 1040EZ, but you can use the short form.
Also, save some aggravation and some tax attorney fees by not seeking a bunch of write-offs. Why keep all your trading and business expenses in a bunch of shoe boxes. Don't bother keeping those records since you won't be writing off those silly expenses.

Then move to sunny Kalefornea or green New York.

Finally, I’ll fill out the 1040 Short Form for you. My gift. My donation.

See, easy...
I fixed your problem...
Your marginal tax rate will be 40%...

hear, hear, i'm with you on that one.

let's make it a flat 40% for everyone and stop all this bobbin and weavin.

shouldn't be much trouble, greece only lost two in riot caused fires and ireland still has potatoes right?

let's get this flat tax show on the road. only loophole is the one at the end of the noose.

you play here you pay here, simple as that.
 
Yowser Burrocrat, yowser...

You do know that a 40% Federal income tax will send you to the streets - don't you.

And, then add state income tax.
Then Social Security.
Then Local.


See you in skid row:nuts:


Only the very wealthy pay a flat rate. It is called the AMT. And, it sucks.
 
been there, ain't far from there now.

got a nice barrel and some salvaged pallets, we gonna roast donated weanies tonight.

come on down, it ain't as bad as you think.

probably have to leave that hdtv behind though, too big to fit into an abandoned shopping cart (we call 'em rv's down here).
 
Hey Burrocrat,

We could just move to Frisco. I hear you get your own shopping cart (provided by the city) and some walkin' around money (provided by do-gooders)!!!

Then go underground. I don't want to work for 40% of my income. I can hide in the rocks on Coronado Beach. Frisco would be too cold in the winter. We've got to go to ground en-mass because we'll have to rouste some Mexican citizens seeking jobs Americans just don't want.

Got an idea for non-taxable income. I'll sit under the bridge overpass with a sandwitch board advertising:

Computer Programmer
Will work under the table @ $80/hour​

I'll be the clean cut one in shirt and slacks:p

been there, ain't far from there now.

got a nice barrel and some salvaged pallets, we gonna roast donated weanies tonight.

come on down, it ain't as bad as you think.

probably have to leave that hdtv behind though, too big to fit into an abandoned shopping cart (we call 'em rv's down here).
 
no offense meant boghie, i'm with you not against you.

too cold in frisco? today is the first day in 5 it's been higher than single digits, nights are even colder.

i won't move to frisco because i like cheap plastic toys with my happy meal, i don't want to marry my minestrone, and i don't look good in pink.

i can walk to work, school, store, and more. if i want to work i can always eat.

in most of the world that is livin phat.

we got it so good here, but folks seem more concerned with whether they can buy a new tv with funny money than they think about how we gonna keep the lights on here.
 
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