nasa1974's Account Talk

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nasa1974 said:
.....This information is from the April 2014 meeting minutes (4,628,444 TSP participants). So the survey was mailed to just over 1% and 11.8% responded. So the FRTIB is satisfied that 0.01% of it's members are happy. I think I did the math correctly. So take out of this what you want but it appears that 0.01% speaks for all of us.
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I took that survey, I received the card and the packet, but did it on line.

Statistics are a funny thing. Believe it or not the sample is about consistent with reporting results like this.
 
I did not receive the survey invitation. I wish I had. I would have given them a piece of my mind. :p I guess that would have made it not a representative sample.

Did the survey allow for comments? I hate the ones we get that are written in such a way that we can't really tell them what we think. Those seem to be the ones the government specializes in. It smacks of: only tell us what we want to hear. :mad:
 
Cactus said:
I did not receive the survey invitation. I wish I had. I would have given them a piece of my mind. :p I guess that would have made it not a representative sample.

Did the survey allow for comments? I hate the ones we get that are written in such a way that we can't really tell them what we think. Those seem to be the ones the government specializes in. It smacks of: only tell us what we want to hear. :mad:
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I could put in comments and I did where available. But with comments, comes context. If my comments were keyworded in a way that it could be linked with like comments from other users, then it was probably looked at appropriately. But as with all surveys, the outlier doesn't get the attention. I did mention limits, costs, and representation in their monthly metrics as incomplete. I also mentioned that it would be beneficial to represent the cost of our two (free) IFTs as a way to gauge an investors overall performance and impact to the collective, but I received no follow up from anyone.
 
Frixxxx said:
I could put in comments and I did where available. But with comments, comes context. If my comments were keyworded in a way that it could be linked with like comments from other users, then it was probably looked at appropriately. But as with all surveys, the outlier doesn't get the attention. I did mention limits, costs, and representation in their monthly metrics as incomplete. I also mentioned that it would be beneficial to represent the cost of our two (free) IFTs as a way to gauge an investors overall performance and impact to the collective, but I received no follow up from anyone.
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See, that's why you didn't get follow up.

"That boy got too much a book learnin' I reckon." Or, "This fool don't know what he talkin' 'bout." Was probably how that thought process worked when your comments were (possibly) read by some random gov't bureaucrat. :D
 
Minnow said:
See, that's why you didn't get follow up.

"That boy got too much a book learnin' I reckon." Or, "This fool don't know what he talkin' 'bout." Was probably how that thought process worked when your comments were (possibly) read by some random gov't bureaucrat. :D
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They we're like:
images

WHAAAAAAAAT?
 
GET READY FOR ANOTHER GOVERNMENT SHUTDOWN

Whether you agree with POTUS or not these are the people we have running the government up on the hill.

This is from govexec.com.

Start saving your pennies.

GElogo_170x40.gif
Government News, Research and Events for Federal Employees - GovExec.com

Ted Cruz: Republicans Shouldn't Fear a Government Shutdown Over Immigration

 By Dustin Volz National Journal November 24, 2014 36 Comments
Ted Cruz: Republicans Shouldn't Fear a Government Shutdown Over Immigration - Oversight - GovExec.com

"Sen. Ted Cruz is threatening to reprise his role as a catalyst to a government shutdown, arguing on Sunday that Congress should use spending bills to block President Obama's recent executive action on immigration..."
 
Two interesting articles about TSP from govexec.com

GovExec.gif
Government News, Research and Events for Federal Employees - GovExec.com

Congress Approves Changing TSP Default Settings to More Lucrative Funds

By Kellie Lunney December 11, 2014 6 Comments

Congress Approves Changing TSP Default Settings to More Lucrative Funds - Pay & Benefits - GovExec.com

"The Senate passed a bill on Wednesday that would automatically enroll new federal employees in a more diverse, age-appropriate retirement fund rather than the safer government securities offering. It now heads to President Obama for his signature..."



The TSP by the Numbers

By Tammy Flanagan National Institute of Transition Planning December 11, 2014 3 Comments

The TSP by the Numbers - Retirement Planning - Pay & Benefits - GovExec.com

"This week, the Thrift Savings Plan held its quarterly meeting of personnel and payroll office representatives. This is when new and updated information is disseminated to agencies to share with their employees..."
 
Hey, Nasa !

Meant to tell you the other day : Wife and I were watching the live Orion flight on the NASA channel, and I thought of you ! That whole thing brought back a LOT of memories, from our younger days ! Sure looks like an Apollo capsule to me ! :)


Stoplight...
 
OK!! So I have been putting in some hours to get the 2015 TSP Spreadsheet ready to go. I think this version should have less errors in it than the 2014 version. :rolleyes:

So if anyone is interested just PM me your email address and I will send you the 2015 TSP Excel Spreadsheet. It's 246KB so it's to large to attach.
 
I'm going to have to post a little more often. I'm ready to fall off the "Top Posters (in last 90 days)" list. :worried:
 
I have mixed feeling about this while the G fund is not going to see a lot of increase it is the fund with the least amount of risk. The L Funds are a lot more volatile and carries more risk, while I would argue that yes as a younger new employee you should take more risk it should be up to the individual on how much risk or what fund they want to use.
nasa1974 said:
Another article from Govexec.com.

Obama Signs TSP Bill Into Law

By Kellie Lunney December 19, 2014 14 Comments

"It’s official: New federal employees automatically will be enrolled in a more diverse, age-appropriate retirement fund rather than the safer government securities offering..."
Obama Signs TSP Bill Into Law - Pay & Benefits - GovExec.com
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markmars said:
I have mixed feeling about this while the G fund is not going to see a lot of increase it is the fund with the least amount of risk. The L Funds are a lot more volatile and carries more risk, while I would argue that yes as a younger new employee you should take more risk it should be up to the individual on how much risk or what fund they want to use.
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True the "L" fund carries more risk but the employee still has the option of staying in the "L" fund or moving it to something more comfortable or something riskier. The hardest thing is getting new employees educated on how to handle their TSP.
 
At least they'll learn about volatility early while their accounts are still small. I didn't learn about volatility til after my accounts had gotten quite sizeable-had over 10 years into tsp at that point (2000) and lost 25% of what I had accumulated, all mostly while not having a clue how the market really operates and why. Took me til 2006 to recoup losses from 2000-2002, but learned along the way the necessity of maxing out savings by minimizing debt and planning for minimizing taxes in retirement, which I began putting into practice around 2002.

dodged the next big market-drop bullet, but since 09 I've been learning the other hard lesson I've needed to learn-about being underinvested with those maxed out savings-normal healthy market behaviors don't operate when the Fed interferes-took me long enough to wrap my brain around that one. Risk I get, it's time for me to consciously focus on the reward part. burro may have to recalibrate his ark model again, once I get rolling. I'll put my new strategy in place with start of the new tracker year. :)
 
Re: GET READY FOR ANOTHER GOVERNMENT SHUTDOWN

I would like to bring this to the top of the page again.


If anyone is interested just PM me your email address and I will send you the 2015 TSP Excel Spreadsheet. It's 246KB so it's to large to attach.
 
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