BOP employees

F.C.I. FAIRTON, N.J. HERE !
"Just remember, any day can be my Friday"

Still Proud, Still Working, so I won't have to
do control movements from my wheelchair at
80 years old. (LoL)

Glad to see a few fellow Officers and Staff on
board to make some TSP money.
:blink::cheesy::laugh::worried:
 
I forgot about this thread glad to see others as well. How's everything going on at your perspective institutions?

Hate to say it but theres a feeling in the air that something might kick off here.
 
I forgot about this thread glad to see others as well. How's everything going on at your perspective institutions?

Hate to say it but theres a feeling in the air that something might kick off here.

After 18 years, it's never been worse and it won't get any better. We have
the largest number of STG's then any other FCI across the country. Maybe
the coccaine law change (inmate friendly) could hold them off just a little
longer before finding something else to riot over. Unlike the National Lock
Down of 1995. Anyway, stay strong and stay safe! I don't know which
Institution you work at, but it really doesn't matter. We must go home
each day to make those Interfund Transfers to offset our inadequate
government salaries. Keep your chin up and make some TSP money !
 
USP Marion checking in on this end......If this market doesn't do something quick,,,,,,,,,I might need a job in retirement.................
 
USP Marion checking in on this end......If this market doesn't do something quick,,,,,,,,,I might need a job in retirement.................

(LOL) KentuckyBOP,

I'm sitting on the (G)Lilly Pad since mid last week. If Tuesday looks
unchanged or down, I'm jumping to stocks (but not 100%). Capitol
Preservation is key until a bottom is established. It may be close or
right around the corner, but caution is warranted.

USP Marion, wow, a real prison it is ! Watch your back & Back your watch.
;)
 
I agree that (ideally) capital preservation is the objective in today's volatile market, but , in my particular situation, I feel the need to , also, be aggressive and try to hit more upswings than downswings. I will retire at the end of next year and , hopefully, will add a few more dollars to my balance.
 
I agree that (ideally) capital preservation is the objective in today's volatile market, but , in my particular situation, I feel the need to , also, be aggressive and try to hit more upswings than downswings. I will retire at the end of next year and , hopefully, will add a few more dollars to my balance.

kentuckyBOP,

(The following represents the opinion of a Correctional Officer with no
professional experience in finance nor investing. It's just my opinion)

Risk vs. Reward ! If you plan to leave your money in the TSP throughout
retirement (say, monthly withdraws) you'll have time to recover losses
and do better over the long haul. Not a bad idea at all ! Many others do
this to extend the life of their TSP balances due to longer living.
;)
If your taking an immediate annuity, "aggressive" for "a few more dollars"
is down right scarey with your retirement so close. Have you figured out
what your TSP balance would be with a 15% gain over the next year. If
so, compare it to the G-Fund 4.75%. Take your balances and see what
the increase/decrease would mean through the TSP Annuity Calc on the
TSP website. You'll see that the Annuity won't be all that rewarding when
comparing the differences. If the Market has developed a Down Trend
from its all time highs (and it has), caution my friend, caution is the word!
:worried:
 
If your taking an immediate annuity, "aggressive" for "a few more dollars"
is down right scarey with your retirement so close. Have you figured out
what your TSP balance would be with a 15% gain over the next year. If
so, compare it to the G-Fund 4.75%. Take your balances and see what
the increase/decrease would mean through the TSP Annuity Calc on the
TSP website. You'll see that the Annuity won't be all that rewarding when
comparing the differences. If the Market has developed a Down Trend
from its all time highs (and it has), caution my friend, caution is the word!

I agree with you completely in this regards...........I do plan to make monthly withdraws from my TSP Account. I will still try to obtain maximun gains in my account as I do now during my retirement.....
 
Welcome aboard fellows BOP’eers. It is really good to know that some of us are meeting here. For security reasons, believe it or not, let me just say that I began my career in Phoenix, AZ, a long time ago. A great deal of my job consisted of being a “specialized detective” to determine if "they" really needed those “Idles” or they were just trying to get out of work. I also authorized the use several kind of “mm’s” to keep them happy.

I created www.tspgo.com. The idea of www.tspgo.com came about several years ago after going to a Program Review somewhere in the NER. A few of my friends were calling me at work to ask me for guidance on what to do with their TSP. When the number of calls increased and they were coming in at work, I figured it was time to find a safe way of sharing my thoughts without compromising my job or theirs. www.tspgo.com was borne. I began posting my TSP Funds analysis in the internet.

Just a note of caution. Be extremely careful when using the MB at work. I would not recommend to access it from work. They can track you and you can get in a lot trouble for it. I should know. I am above GS-11 supervisors.

Work hard, guard and invest your TSP. Look at it as your main source of income after retirement. Let it be two months or twenty years from now.

God bless you, guys/gals. .. And thanks for the outstanding job you do.

TSPGO!
 
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