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Below is the link to the information about our new TSP website.



GovernmentExecutive.com

http://www.govexec.com/story_page.cfm?articleid=45063&oref=todaysnews

Revamped Thrift Savings website could be delayed until June
By Emily Long elong@govexec.com
April 19, 2010


The Thrift Savings Plan board said the launch of its new website may be delayed by a few weeks and multimedia features could be added later, officials said during a meeting on Monday...
 
Yesterday the S funds cost per shares was higher for the first time this year than the I funds cost per shares , $19.0601 vs. $18.9695.
 
Well depending which fund you where in yesterday you either made a few bucks or lost a few bucks. :D Of course I am not telling anybody anything they do not already know. :nuts:

Todays start is not looking good for the home team. :worried: Good luck everyone. Later.
 
Not sure what is going on with the FRTIB. This is the 22nd of April and they still have not posted the meeting minutes from February. How difficult can it be?
 

GovernmentExecutive.com

Burning Question: Should Reagan be on the $50 bill?
April 22, 2010

Ardent promoters of President Ronald Reagan's legacy want to see more than his name on an airport in Washington. They want his face on American money.
Washington Post Federal Eye blogger Ed O'Keefe notes today that Rep. Patrick McHenry, R-N.C., has pushed a proposal to put Reagan on the $50 bill, replacing Ulysses S. Grant. But it turns out that nearly eight in 10 Americans don't like the idea, according to a new Marist poll.
In fact, even among Republicans, more than 70 percent want to leave the $50 bill alone. Apparently, leading Union forces in the Civil War still counts for something with most Americans.
By the way, if you just need your Reagan fix for the day, check out this newly uncovered footage of him acting with none other than James Dean on General Electric Theater in 1954, courtesy of our friends at the Atlantic.

Poll: Most oppose Reagan on the $50 bill
(Federal Eye)
Burning Question is a recurring feature that looks at key issues and compelling stories being explored at other publications and social media sites.


COMMENTS

  • Are you kidding, Why, to celebrate massive budget defficits? Trading arms for hostages? Hell NO!
    Joe Posted April 22, 2010 7:40 PM
  • Lets see...so far they've named a Federal building, an airport, and a naval ship after Reagan...seems to me like we've done enough to honor him. If you feel the need to do more to honor Reagan, name one of your kids after him!
    Not-On Fire over this Posted April 22, 2010 7:33 PM
  • The Presidents on US currency are milestone setters, peole who have done something of historical proportion..what great feat did Reagan accomplish? If anything, Obama should be the next honored President...being the 1st minority elected to the high office...what about that?
    Don Posted April 22, 2010 7:05 PM
 
So what will happen today? Excluding January when Fridays where strongly negative the trend has been more positive with a little mixed tossed in. Surprisingly the market tanked last Friday with the news against GS. What will investors do today with a positive spin on Greece? Let's strap in nice and tight, we could be in for one heck of a ride.
Here is the link to the article below: http://finance.yahoo.com/news/Stock...44.html?x=0&sec=topStories&pos=1&asset=&ccode

GOOD LUCK EVERYONE!!





Stock futures rise, point to higher opening

Stock futures climb as Greece debt concerns again ease after country plans to tap rescue loans



Stephen Bernard, AP Business Writer,

On Friday April 23, 2010, 6:57 am


NEW YORK (AP) -- Stock futures rose Friday as concerns about Greece's ongoing debt problems eased.
European markets rallied sharply after Greek officials said they would make a formal request to tap a rescue package from the 15 other countries that use the euro and the International Monetary Fund. The debt-burdened country will have access to about $53.37 billion...
 
Attached is the averages for the month of May. I get my information from Govexec.com Thrift Savings Plan Monthly Returns, http://www.govexec.com/careers/thrift/tspfunds.htm

For May I am not too sure how accurate the information is. There seems to be some glaring discrepancies, such as: I fund-2009, 2007, 2005 and 2001; S fund-2002 and 2001. If anyone wants to check it out and report be my guest.
 
It's funny to read the many posts about waiting for the next correction before someone jumps onto the rally bus or I jumped in and out after making 2% or 3%, and will wait for the next opportunity to get back on the bus.
I have a lot of respect for many intelligent folks on this MB but I am surprised at some of the folks not taking a little bit of a chance, some risk. Now granted must of us if not all of us got burned 2008 and early 2009. So being gun shy can't be held against anyone.
But I decided to take a risk. Being CSRS had a lot to do with it because I am not fully dependent on my TSP account for retirement. I am not trying to brag because I think I have been more lucky than good and I didn't panic this past January. But I was getting a little nervous. 3/5/2009 was my low point and I thought I would stay in that deep hole for a long time. It took me almost two years to recover from my 2007 losses. But as of yesterday I have gained almost 56% since 3/5/2009 and MTD I was 5.28% and YTD I was 12.85%. Honest it's more luck than skill.
How far will this rally go? Who knows. And sometime in the near future I will retreat most of my shares to the G fund.
May has shown to still average out to being a month that you can stay in stocks and not get burned to bad. June through September is another story.
Good luck everyone I hope 2010 can be good to all of us.
 
Friday I think surprised many. So what will the market do today? Typically Mondays have been very good to those that are invested. Hopefully I did the math correctly, so here goes.

I left the two Tuesdays out of the calculations that started the work week after a Monday holiday. So I added the last 14 Mondays to see what the profit/loss might have been. This is what each fund has earned:
F - 0.06
C - 0.85
S - 1.38
I - 0.96

So if we had the IFT's to do this and you where in the market on Mondays, only, this is what you would have earned YTD for each fund.

If I add the two Tuesdays (after the Monday holiday) the numbers would look like this:
F - 0.05
C - 1.25
S - 1.89
I - 1.50
 
Well yesterday started out like a typical Monday but sure didn't finish on a happy note. :sick: Going to be an interesting week. :notrust: Good luck everyone.
 
Well I can't say this wasn't expected, just not all at once. :mad: Must have missed something important in the news that is the cause of the sell off. :confused: Good luck all.
 
Took a stroll through memory lane. Didn't realize that I got logged off and clicked my account to post something and there I was back at my first post. Read my first twenty pages before I could pull away. All that I can say is thank you. I have made some great friendships here and hope to continue making many more. Some friendships will be missed.


OK folks let's turn this market around and make some MONEY.
 
OH WELL!! The market giveth and the market taketh away! :(

Looks like it will be at least a -2.40%. I had worse one day losses in 2009. If the week levels out I will still end up on the positive side for the month. :worried:

Sorry for anyone with 100% in the I fund today.
 
It is difficult to say why the market has continued to rise. But yesterday seems a bit curious on why it fell so hard on the Greece and Portugal news. Quarterly profits have been coming in equal or better than expected and Greece's problems are not a recent surprise. So who caused the market to tail spin yesterday? What's up????
 
It is so confusing to try and figure out this market right now. I give credit to coolhand, JTH, show-me, poolman and the many others that try to analyze and track the continuing saga of the stock market.
So what will tomorrow bring? It is the last trading day of the week and month. What surprises are in store for us? If the market continues to head up then it is not difficult to expect a full recovery from Tuesdays sell off. That would make a lot of people happy. It would make me happy.
I have my fingers crossed for tomorrow but know better than to hold my breath. I hate that passing out thing that happens. Even if tomorrow ends up on the negative side of the spreadsheet I cannot complain how April has treated me.
Unless the market takes an absolute dive I do expect to have something positive to show for the month. If May can be half as good as April has been it will make it easier to start moving to the lily pad for the summer doldrums.



GOOD LUCK EVERYONE!!!
 
I wouldn't want to miss the hot time summer in the city thing - I'll be essentially long most of the way - waiting on several cycles to nest.
 
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