How-dee!

[Mike vB]

Hi all!!

I'm an ART in the aircraft maintenance career field here at Tinker AFB, OK. Just now joining the GS/YC workforce with 20 years of military duty.

I'll probably be in for 10 more on the civilan side, but I'm looking to retire in 2-3 years for the military portion.

I'm looking to move into an FAA position if at all possible and would appreciate any insight from current/past FAA employees.

I haven't invested in TSP before, so I think I'm getting in at a good time (looking at 100% C fund).

Still have a lot of research to do... so little time.

Mike

 

[Frixxxx]

Welcome to the board....hope you get what you are looking for.....Max out your contributions for the tax DEFERMENT.

Good Luck!

 

[tsptalk]

Welcome Mike! Nice to have you here.

 

[nnuut]

Welcome to the Board.
Best of luck Mike!
Norman

 

[Guest2]

Welcome to our family !

 

[KevinD]

Nice to have you.

 

[Show-me]

Good to see ya! Welcome!

 

[James48843]

Welcome.

 

[Mike vB]

Glad to be here. :nuts:

 

[ATCJeff]

Welcome and thanks for your service!

 

[poolman]

Welcome,

Thank you for your service. I understand it...

Your move is based on your education of the markets and your age.

How much time do you want to invest studying and reading?

Short Answer -- Go Long and forget it.. You will hopefully be fine..

Long Answer -- Start reading everything in this MB. And Study it....

I Love It...

Poolman

 

[Mike vB]

PoolMan,

Education of Markets, well, um, ... Basically zip.

I could hardly tell you how a dividened is calculated - but I do know that to big or too little of a dividend is a movement indicator.


Since I'll have my USAF Reserve retirement set, and my military buyback for my civilian job will be completed, I'll have 2 small retirement incomes come retirement time (I'm 40 now).

So, with the market in the shape it's in, and I think it'll continue to decline for the near future (6mo-1yr at least), your theory of "going long" actually makes the best sense for me.

I'm holding at 100% G for the time being, and am seriously considering a 100% C IFT move once I feel we're near "a", "some", or "the" bottom.

My logic - in 10 years, I'll be very well off in TSP since the S&P will have nowhere to go but up, or the stock market won't exist on Earth.

As stated before, as I get closer to that 10yr point, I'll be shifting back to G or something safer.


Oh, and I do watch Cramer on Mad Money - if that counts. BooYah!

 

[Zebra]

Welcome aboard!

 

[Steadygain]

I'm looking to move into an FAA position if at all possible and would appreciate any insight from current/past FAA employees.

Buster may be able to help you out.

He was my daughter's bodyguard (a warrior) and did a super job at that. She loved his style. Anyway you might send him a PM.

Good luck and welcome