WUZZZZZZZZZZZZZZZZ-----UUUUUUUUUUUUUUP :nuts:
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Squalebear's Account Talk
- Thread starter Guest2
- Start date
WUZZZZZZZZZZZZZZZZ-----UUUUUUUUUUUUUUP :nuts:
CAUSEY: Living adjustment not sure in 2010
Federal, military and Social Security retirees, who got a 5.8 percent inflation adjustment in January, won't like what's not coming up in 2010. According to the numbers crunchers, the retirees may not get any cost-of-living adjustment next January. That group of retirees represents about one in every six Americans. And it takes in a huge chunk of the Washington area, which is home sweet home to hundreds of thousands of federal and military retirees, as well as millions who get monthly Social Security benefits. For every retiree who heads to Florida or Arizona, a much larger number stay in the area because of friends, family or medical services and numerous tax-free commissary outlets.
Benefits paid to members of the federal family and people who draw Social Security are linked to the rise in inflation as measured by the Consumer Price Index (CPI). That's a very good deal considering that most American retirees don't get company pensions and that those who do never get a cost-of-living adjustment. Last year higher oil prices led to the biggest inflation catch-up for retirees since the mid-1980s. But now plummeting oil prices and the ripple effects of the recession have turned inflation into deflation. Retiree cost-of-living adjustments by law are based on the rise in the Labor Department's CPI from the third quarter of this year comprising the months of July, August and September) over the same time period in the previous year.
Living costs actually declined last October, November and December. And they rose only slightly in January, February and March. That means that halfway through the cost of living countdown, the CPI that triggers raises is lower than it was this time last year. If that trend — either deflation or modest inflation — continues, experts say it is very possible that federal/military/Social Security retirees will not get any inflation adjustment in January. The silver lining is that benefits are guaranteed even if living costs continue to drop. Congress wrote the law so that the retirees would get catch-up with inflation adjustments when appropriate but that nobody's benefits will be cut if there is no inflation.
Detroit we're not
Many American communities are being hammered by the recession, layoffs and foreclosures. But because of the huge federal presence here — including civilian, military and contractors — Washington is a relative land of milk and honey. And as things get tougher beyond the Beltway, they could get better here. The Obama administration has promised to return to government thousands of jobs that were farmed out to the private sector during the Clinton and Bush administrations. President Clinton trimmed the federal payroll by an estimated 350,000 jobs. Many services once performed in-house were either contracted out or consolidated. People who held those "overhead jobs" in finance, payroll, human resources and contracting were offered buyouts worth $25,000 before deductions. Most of those took place in 1993-94, when $25,000 was worth a lot more than it is today.
The Bush administration continued the contracting-out push, especially in the areas of defense and homeland security. But now the White House believes the government needs to beef up and regain some of its institutional memory. Defense has announced plans to hire 13,000 new federal employees within the next five months. The jobs will be all over the country, from San Antonio to Seattle. A few thousand will also be added here. Defense has announced plans to drastically reduce the number of contract-support employees and replace them with about 30,000 new federal workers over the next five years. Some of them will be former civil service and military personnel rehired because of their special skills. Others will be contract employees — most of whom already have security clearances — who will bring their expertise inside government.
Given the state of the outside job market, and a new appreciation of lifetime civil service benefits such as inflation-indexed annuities and lifetime health insurance, many contractors will be happy to make the change.
Tobacco bill
Whether they smoke or not, federal workers need to keep their eye on the so-called Tobacco Bill that sailed through the House before the long Easter-Passover recess started. It is the vehicle carrying a number of goodies for both active and retired government workers. The bill, by Rep. Henry A. Waxman, California Democrat, would give the Food and Drug Administration control over tobacco products. Backers claim it would save the government millions in reduced health costs. Opponents say it would mean billions of dollars in lost tax revenue to state and local government.
Federal, military and Social Security retirees, who got a 5.8 percent inflation adjustment in January, won't like what's not coming up in 2010. According to the numbers crunchers, the retirees may not get any cost-of-living adjustment next January. That group of retirees represents about one in every six Americans. And it takes in a huge chunk of the Washington area, which is home sweet home to hundreds of thousands of federal and military retirees, as well as millions who get monthly Social Security benefits. For every retiree who heads to Florida or Arizona, a much larger number stay in the area because of friends, family or medical services and numerous tax-free commissary outlets.
Benefits paid to members of the federal family and people who draw Social Security are linked to the rise in inflation as measured by the Consumer Price Index (CPI). That's a very good deal considering that most American retirees don't get company pensions and that those who do never get a cost-of-living adjustment. Last year higher oil prices led to the biggest inflation catch-up for retirees since the mid-1980s. But now plummeting oil prices and the ripple effects of the recession have turned inflation into deflation. Retiree cost-of-living adjustments by law are based on the rise in the Labor Department's CPI from the third quarter of this year comprising the months of July, August and September) over the same time period in the previous year.
Living costs actually declined last October, November and December. And they rose only slightly in January, February and March. That means that halfway through the cost of living countdown, the CPI that triggers raises is lower than it was this time last year. If that trend — either deflation or modest inflation — continues, experts say it is very possible that federal/military/Social Security retirees will not get any inflation adjustment in January. The silver lining is that benefits are guaranteed even if living costs continue to drop. Congress wrote the law so that the retirees would get catch-up with inflation adjustments when appropriate but that nobody's benefits will be cut if there is no inflation.
Detroit we're not
Many American communities are being hammered by the recession, layoffs and foreclosures. But because of the huge federal presence here — including civilian, military and contractors — Washington is a relative land of milk and honey. And as things get tougher beyond the Beltway, they could get better here. The Obama administration has promised to return to government thousands of jobs that were farmed out to the private sector during the Clinton and Bush administrations. President Clinton trimmed the federal payroll by an estimated 350,000 jobs. Many services once performed in-house were either contracted out or consolidated. People who held those "overhead jobs" in finance, payroll, human resources and contracting were offered buyouts worth $25,000 before deductions. Most of those took place in 1993-94, when $25,000 was worth a lot more than it is today.
The Bush administration continued the contracting-out push, especially in the areas of defense and homeland security. But now the White House believes the government needs to beef up and regain some of its institutional memory. Defense has announced plans to hire 13,000 new federal employees within the next five months. The jobs will be all over the country, from San Antonio to Seattle. A few thousand will also be added here. Defense has announced plans to drastically reduce the number of contract-support employees and replace them with about 30,000 new federal workers over the next five years. Some of them will be former civil service and military personnel rehired because of their special skills. Others will be contract employees — most of whom already have security clearances — who will bring their expertise inside government.
Given the state of the outside job market, and a new appreciation of lifetime civil service benefits such as inflation-indexed annuities and lifetime health insurance, many contractors will be happy to make the change.
Tobacco bill
Whether they smoke or not, federal workers need to keep their eye on the so-called Tobacco Bill that sailed through the House before the long Easter-Passover recess started. It is the vehicle carrying a number of goodies for both active and retired government workers. The bill, by Rep. Henry A. Waxman, California Democrat, would give the Food and Drug Administration control over tobacco products. Backers claim it would save the government millions in reduced health costs. Opponents say it would mean billions of dollars in lost tax revenue to state and local government.
TSP board endorses Roth IRA option for enrollees
By Alex M. Parker aparker@govexec.com April 20, 2009
The Federal Retirement Thrift Investment Board on Monday officially endorsed a proposal to give Thrift Savings Plan participants the option to invest in a Roth Individual Retirement Account, but did not green light a move that would allow the TSP to create additional investment funds.
During its monthly meeting, the board also voted in favor of a provision that would allow the spouses of deceased federal employees to continue managing their funds in the TSP instead of requiring them to withdraw those funds 60 days after their spouse passed away and reinvesting them elsewhere.
The House passed legislation (H.R. 1256) on April 2 that contained provisions that would create a Roth IRA account option for TSP participants and a mutual fund window in the plan that would allow enrollees to invest in more than 13,000 mutual funds in addition to the plan's core offerings. Roth accounts -- which allow participants to invest after-tax into their retirement accounts so it can be withdrawn later without taxes -- now are offered by many retirement plans.
The Senate has yet to take up legislation on either issue, and neither chamber has introduced bills regarding spousal accounts.
Of the four board members present, two supported allowing mutual fund offerings to enrollees, while two opposed the idea.
Opponents claimed it would complicate the TSP needlessly, and allow politics into the process. "This would totally, radically alter a plan that has been in place since 1986," said board member Alejandro Sanchez. In a survey of TSP members, only 10 percent said they would enroll in the mutual fund offering if it meant paying an estimated $100 fee, according to Sanchez. The board said because only a percentage of the overall federal workforce likely would participate, those who did choose to use the mutual fund window should pay for its implementation. The $100 fee they asked respondents about was a hypothetical annual fee, but that figure could be lower. Supporters of a mutual fund option said it would remove political pressure from the process.
By allowing TSP members to choose mutual funds for themselves, there would be no need to lobby the investment board to include a particular fund in its core programs, argued Tom Trabucco, director of external affairs. "I see it as the equivalent of a pressure-cooker release valve," said Pamela Jeanne Moran, deputy director of external affairs. Board member Gordon Whiting said the plan did not go far enough, and TSP members should be allowed to invest in individual securities as well as mutual funds. Executive Director Greg Long opposed broader investments because he said he did not want to encourage "intraday trading" for retirement programs. As for the Roth IRA account option, Long predicted the plan would be a "game-changer" for younger government employees -- especially those in the military -- who pay little in taxes now. While the board passed the proposal, it faced questions from some members who balked at the prospect of providing advice to TSP members considering how to invest their retirement funds.
Trabucco said the Employee Thrift Advisory Council would discuss the issues on Wednesday, before Congress takes them up again.
By Alex M. Parker aparker@govexec.com April 20, 2009
The Federal Retirement Thrift Investment Board on Monday officially endorsed a proposal to give Thrift Savings Plan participants the option to invest in a Roth Individual Retirement Account, but did not green light a move that would allow the TSP to create additional investment funds.
During its monthly meeting, the board also voted in favor of a provision that would allow the spouses of deceased federal employees to continue managing their funds in the TSP instead of requiring them to withdraw those funds 60 days after their spouse passed away and reinvesting them elsewhere.
The House passed legislation (H.R. 1256) on April 2 that contained provisions that would create a Roth IRA account option for TSP participants and a mutual fund window in the plan that would allow enrollees to invest in more than 13,000 mutual funds in addition to the plan's core offerings. Roth accounts -- which allow participants to invest after-tax into their retirement accounts so it can be withdrawn later without taxes -- now are offered by many retirement plans.
The Senate has yet to take up legislation on either issue, and neither chamber has introduced bills regarding spousal accounts.
Of the four board members present, two supported allowing mutual fund offerings to enrollees, while two opposed the idea.
Opponents claimed it would complicate the TSP needlessly, and allow politics into the process. "This would totally, radically alter a plan that has been in place since 1986," said board member Alejandro Sanchez. In a survey of TSP members, only 10 percent said they would enroll in the mutual fund offering if it meant paying an estimated $100 fee, according to Sanchez. The board said because only a percentage of the overall federal workforce likely would participate, those who did choose to use the mutual fund window should pay for its implementation. The $100 fee they asked respondents about was a hypothetical annual fee, but that figure could be lower. Supporters of a mutual fund option said it would remove political pressure from the process.
By allowing TSP members to choose mutual funds for themselves, there would be no need to lobby the investment board to include a particular fund in its core programs, argued Tom Trabucco, director of external affairs. "I see it as the equivalent of a pressure-cooker release valve," said Pamela Jeanne Moran, deputy director of external affairs. Board member Gordon Whiting said the plan did not go far enough, and TSP members should be allowed to invest in individual securities as well as mutual funds. Executive Director Greg Long opposed broader investments because he said he did not want to encourage "intraday trading" for retirement programs. As for the Roth IRA account option, Long predicted the plan would be a "game-changer" for younger government employees -- especially those in the military -- who pay little in taxes now. While the board passed the proposal, it faced questions from some members who balked at the prospect of providing advice to TSP members considering how to invest their retirement funds.
Trabucco said the Employee Thrift Advisory Council would discuss the issues on Wednesday, before Congress takes them up again.
Mike Causey's Federal Report:
Wisdom of the Crowd
April 2, 2009 - 2:00am
When it comes to developing an investment strategy are you the Lone Ranger, do you canvas the car pool, watch the market round-the-clock or let your money ride in good times or bad? In his popular book, The Wisdom of Crowds, author James Surowiecki argues that often large groups of people are smarter, or at least have a broader range of knowledge, than a small circle of the elite. Obviously it's more complicated than that.
Like how big is the group and did you round it up at Harvard Square or your local lockup?
Earlier this week we asked real folks, people who are investing in the TSP, what they are doing during these troubled financial times. Lots of responses. Maybe you can pick up some tips, or be reassured by what you are doing, or not doing. Here are some of their systems:
"Still pinning my hopes to the folks who run the L-funds. I'm sure they are watching these markets very closely. Still hoping they will buy low on my behalf before the market bounces back up later this year (?) so I can make some of my losses back before retirement. I guess this makes me the optimist, because I know the market WILL bounce back. It's just how long it takes to do so." Jennie
"There is one type of investor you did not ponder, perhaps because you do not think they exist. But we do! My husband actually increased our investments in the C, I and S funds last fall when the market was tumbling. I rearranged my current allotments to buy the more volatile I and S funds, and let the 80 percent I had invested in the C-fund ride. Dear hubby actually transferred everything from his F and G funds into the stock funds. We figured we definitely bought low, maybe not at the lowest, but low enough. Now we're waiting for the market to rebound. When it does, we will squirrel away some bucks into the super-safe G fund." Laura at the IRS
"Mike, I've changed my investment strategy. I've decided I'm going to actually buy, albeit slowly, the fund with the lowest cost per share. I'm going to do this on a quarterly basis. For the First Quarter of 2009, it appears the C-Fund is the cheapest. If this trend continues, I will move my current contributions each quarter as follows: 1Q = 5%; 2Q = 20%; 3Q = 30%; 4Q = 35%; 5Q = 60%; 6Q = 70%; 7Q = 80%; 8Q = 90%; 9Q = 100%. And then, I'm going to start moving existing balances in the other funds over in $10,000 increments until all of it is in the cheapest. But if the scenario changes and another fund is at least $1 cheaper per share, then I start all over again moving my current contributions in the above schedule. I figure I can't lose. UNLESS, the cheapest fund continues to go down to the ground. Then I guess, I'll be still be here." Eric E.
"Does flying by the seat of one's pants count? I had every thing in the G fund due to a bad case of cold feet in the middle of 2006. Feet warmed up about the middle of September last when I figured the bottom was near. Moved back in to a mix of CSI with a portion of my portfolio that I felt was "extra" (whatever that means). Needless to say, I am not quitting my day job to become a stock advisor. All this to say, every time I think I will cut my losses and duck back into G, you say something that makes sense and I decide to hang out there a little longer...thank you for keeping it real with a good dose of humor..." Kate E.
"Yes, I have a system that worked. My wife and I are both retired CSRS. We retired at low grades. We both retired two years ago after 33 years at the grades GS-7 step 10. We both made the maximum amount of contributions to the G fund. We did not make any contributions to the L, C, S, I funds or any of the other TSP funds. We put any additional savings we had into long-term 5, 6, or 7 year FDIC insured CDs. Since our retirement we have travelled on 3 cruises: one for 2 weeks to Denmark, Norway, Sweden, and Russia. Another cruise we took was to Canada and New England. This summer we are planning a 2 week cruise from Rome to Greece. We have also taken vacations to Cape Cod. We were able to do this because neither of us trusted equities, financial planners, or Wall Street. We both live in the Arlington area. My internist and many acquaintances tell me that they cannot retire, because their TSP and their 401(k)s have lost too much money. I know their income was and is a lot higher than mine, but for some reason, I just cannot feel much sympathy for them." Stan S.
"This is in response to your request for an investing system that 'works'. (By the way, I have at least 10 years before retirement.) From the past, I know that the stock market will go up (eventually) and that historically the returns in stocks have outpaced bonds and they stay ahead of inflation. Despite knowing the statistics, psychologically/emotionally, I kept tinkering with my TSP account every 3 to 6 months (over the past 12 to 18 months) because I just couldn't take losing so much money! I was 'hurting'. What I finally did was put my future contributions and my current balance into one of the 'L' funds (2020) and I have not looked back since! I wrote a promise to myself to not look at the balance until ~ 12/09. I also write down my investment philosophy and why I make the changes that I do so that I can try to have the emotional part of me and the rational part of me on the same page. Sometimes it is so hard to stop being schizophrenic and to maintain the discipline and patience that I think is required to achieve my goals! Moving to the lifecycle fund has seemed to calm my fears (my risk tolerance) so far." Denise B.
Wisdom of the Crowd
April 2, 2009 - 2:00am
When it comes to developing an investment strategy are you the Lone Ranger, do you canvas the car pool, watch the market round-the-clock or let your money ride in good times or bad? In his popular book, The Wisdom of Crowds, author James Surowiecki argues that often large groups of people are smarter, or at least have a broader range of knowledge, than a small circle of the elite. Obviously it's more complicated than that.
Like how big is the group and did you round it up at Harvard Square or your local lockup?
Earlier this week we asked real folks, people who are investing in the TSP, what they are doing during these troubled financial times. Lots of responses. Maybe you can pick up some tips, or be reassured by what you are doing, or not doing. Here are some of their systems:
"Still pinning my hopes to the folks who run the L-funds. I'm sure they are watching these markets very closely. Still hoping they will buy low on my behalf before the market bounces back up later this year (?) so I can make some of my losses back before retirement. I guess this makes me the optimist, because I know the market WILL bounce back. It's just how long it takes to do so." Jennie
"There is one type of investor you did not ponder, perhaps because you do not think they exist. But we do! My husband actually increased our investments in the C, I and S funds last fall when the market was tumbling. I rearranged my current allotments to buy the more volatile I and S funds, and let the 80 percent I had invested in the C-fund ride. Dear hubby actually transferred everything from his F and G funds into the stock funds. We figured we definitely bought low, maybe not at the lowest, but low enough. Now we're waiting for the market to rebound. When it does, we will squirrel away some bucks into the super-safe G fund." Laura at the IRS
"Mike, I've changed my investment strategy. I've decided I'm going to actually buy, albeit slowly, the fund with the lowest cost per share. I'm going to do this on a quarterly basis. For the First Quarter of 2009, it appears the C-Fund is the cheapest. If this trend continues, I will move my current contributions each quarter as follows: 1Q = 5%; 2Q = 20%; 3Q = 30%; 4Q = 35%; 5Q = 60%; 6Q = 70%; 7Q = 80%; 8Q = 90%; 9Q = 100%. And then, I'm going to start moving existing balances in the other funds over in $10,000 increments until all of it is in the cheapest. But if the scenario changes and another fund is at least $1 cheaper per share, then I start all over again moving my current contributions in the above schedule. I figure I can't lose. UNLESS, the cheapest fund continues to go down to the ground. Then I guess, I'll be still be here." Eric E.
"Does flying by the seat of one's pants count? I had every thing in the G fund due to a bad case of cold feet in the middle of 2006. Feet warmed up about the middle of September last when I figured the bottom was near. Moved back in to a mix of CSI with a portion of my portfolio that I felt was "extra" (whatever that means). Needless to say, I am not quitting my day job to become a stock advisor. All this to say, every time I think I will cut my losses and duck back into G, you say something that makes sense and I decide to hang out there a little longer...thank you for keeping it real with a good dose of humor..." Kate E.
"Yes, I have a system that worked. My wife and I are both retired CSRS. We retired at low grades. We both retired two years ago after 33 years at the grades GS-7 step 10. We both made the maximum amount of contributions to the G fund. We did not make any contributions to the L, C, S, I funds or any of the other TSP funds. We put any additional savings we had into long-term 5, 6, or 7 year FDIC insured CDs. Since our retirement we have travelled on 3 cruises: one for 2 weeks to Denmark, Norway, Sweden, and Russia. Another cruise we took was to Canada and New England. This summer we are planning a 2 week cruise from Rome to Greece. We have also taken vacations to Cape Cod. We were able to do this because neither of us trusted equities, financial planners, or Wall Street. We both live in the Arlington area. My internist and many acquaintances tell me that they cannot retire, because their TSP and their 401(k)s have lost too much money. I know their income was and is a lot higher than mine, but for some reason, I just cannot feel much sympathy for them." Stan S.
"This is in response to your request for an investing system that 'works'. (By the way, I have at least 10 years before retirement.) From the past, I know that the stock market will go up (eventually) and that historically the returns in stocks have outpaced bonds and they stay ahead of inflation. Despite knowing the statistics, psychologically/emotionally, I kept tinkering with my TSP account every 3 to 6 months (over the past 12 to 18 months) because I just couldn't take losing so much money! I was 'hurting'. What I finally did was put my future contributions and my current balance into one of the 'L' funds (2020) and I have not looked back since! I wrote a promise to myself to not look at the balance until ~ 12/09. I also write down my investment philosophy and why I make the changes that I do so that I can try to have the emotional part of me and the rational part of me on the same page. Sometimes it is so hard to stop being schizophrenic and to maintain the discipline and patience that I think is required to achieve my goals! Moving to the lifecycle fund has seemed to calm my fears (my risk tolerance) so far." Denise B.
Tuesday - April 21, 2009
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +:blink:
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met) :blink:
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +:blink:
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met) :blink:
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
From the looks of things, the "Smart Money" took the Market down during
the last hour of trading. But not by much ! I'd like to join the Bull Camp,
but that -4% to -5% loss we experienced on Monday needs to be fully
broken before I sign on the dotted line. 6 out of the last 8 TSP days have
been up and that fence I'm on is beginning to breakdown.
I can't help
but wonder if the Deep Pockets will extend this market into May, or, simply
head to the Hamptons for the summer?
the last hour of trading. But not by much ! I'd like to join the Bull Camp,
but that -4% to -5% loss we experienced on Monday needs to be fully
broken before I sign on the dotted line. 6 out of the last 8 TSP days have
been up and that fence I'm on is beginning to breakdown.
I can't helpbut wonder if the Deep Pockets will extend this market into May, or, simply
head to the Hamptons for the summer?
While looking at Countryboy's Thread "Why This Recession Seems Worse Than '70s and '80s"
I couldn't help but notice how long we may have left in this Bear Market. I loved the little
mountains off the bottom in '74 & again in '78. If I had to summarize where I believed we
are in todays market, it would be late 1974.
I couldn't help but notice how long we may have left in this Bear Market. I loved the little
mountains off the bottom in '74 & again in '78. If I had to summarize where I believed we
are in todays market, it would be late 1974.
Wednesday - April 22, 2009
Back into the "Deficit" side and back into Double
Digits. The swing to both sides continues !
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +
(04/22/09) -0.1297 tsp cents -
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met)
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
Back into the "Deficit" side and back into Double
Digits. The swing to both sides continues !
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +
(04/22/09) -0.1297 tsp cents -
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met)
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
OPM's RetireEZ Program At Risk of Failure, GAO Says
Only 13% of Workers Say They Are Very Confident of Having Enough Money to Live Comfortably in Retirement, Study Reveals
http://www.myfederalretirement.com/public/368.cfm
http://www.myfederalretirement.com/public/368.cfm
Stocks Set To Advance
Futures point to higher open for
Wall Street after Apple posts upbeat results.
Wall Street after Apple posts upbeat results.
SB, You are really passing along a lot of information. Must have been a quite night.
I squeeze it in when I can ! Thought I'd share some of the articles that
related to Federal Retire. Things look "GREEN" for today.
My Fingers arecrossed and hoping for the best. We still haven't made up for that -4.46%
Kick In The Pants
on Monday, but I'm think we will by Friday's end. Thursday - April 23, 2009
Huge swing turns into one heck of a profitable
day and a Big Time Swing to the Overpayment
side of the O/D Tracker. As close to a Double
Didget overpayment as it gets. :blink:
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +
(04/22/09) -0.1297 tsp cents -
(04/23/09) +0.0944 tsp cents (Overpaid) + :blink:
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met) :blink:
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
Huge swing turns into one heck of a profitable
day and a Big Time Swing to the Overpayment
side of the O/D Tracker. As close to a Double
Didget overpayment as it gets. :blink:
.....DATE..........YTD TSP CENTS.....
(03/23/09)+0.0949 tsp cents (Overpaid) +
(03/24/09) -0.2058 tsp cents -
(03/25/09) -0.1030 tsp cents +
(03/26/09) -0.0695 tsp cents +
(03/27/09) -0.0723 tsp cents -
.....DATE..........YTD TSP CENTS.....
(03/30/09) -0.0694 tsp cents -
(03/31/09) -0.0732 tsp cents +
(04/01/09)+0.0337 tsp cents (Overpaid) +
(04/02/09) -0.0764 tsp cents +
(04/03/09)+0.0274 tsp cents (Overpaid) +
.....DATE..........YTD TSP CENTS.....
(04/06/09) -0.0775 tsp cents -
(04/07/09) -0.1543 tsp cents -
(04/08/09) +0.0026 tsp cents (Overpaid) +
(04/09/09) +0.0332 tsp cents (Overpaid) +
(04/10/09) +0.0332 tsp cents (Holiday) ~
.....DATE..........YTD TSP CENTS.....
(04/13/09) +0.0605 tsp cents (Overpaid) +
(04/14/09) -0.0679 tsp cents -
(04/15/09) +0.0578 tsp cents (Overpaid) +
(04/16/09) +0.0374 tsp cents (Overpaid) +
(04/17/09) -0.0673 tsp cents -
.....DATE..........YTD TSP CENTS.....
(04/20/09) -0.1877 tsp cents -
(04/21/09) +0.0173 tsp cents (Overpaid) +
(04/22/09) -0.1297 tsp cents -
(04/23/09) +0.0944 tsp cents (Overpaid) + :blink:
THE KEY:
------------------------------------------------- THEY OWE US ----
-.3000 thru-.3999 Elavated Deficit, (Windfall Coming)
-.2000 thru-.2999 High Deficit (Elevated Level)
-.0100 thru-.1999 Medium Deficit (Flip - A - Coin)
-.0000 thru-.0999 Low Deficit (Goal is Met)
------------------------------------------------- WE OWE THEM ---
+ .0000 thru +.0999 Low Overpayment (Goal is Met) :blink:
+ .1000 thru +.1999 Medium Overpayment (Flip - A - Coin)
+ .2000 thru +.2999 High Overpayment, (Elevated Payback)
+ .3000 thru +.3999 Elevated Overpayment, (Payback Imminent)
--------------------------------------------------------------------
Squalebear Takes A Break !
April 24, 2009 7:02pm
From time to time, we all go through it. Its the feeling of having such an
enormous weight on your shoulders, too much on your plate, call it what
you will. Its hitting me hard and some of you know, its not the first time
this has happend to me. With that said, I'm going to be stepping away
from my daily participation for a while. (heck, I don't know if I can) But
I must try. I'm not going far, but I'm taking a step back. Its necessary.
April 24, 2009 7:02pm
From time to time, we all go through it. Its the feeling of having such an
enormous weight on your shoulders, too much on your plate, call it what
you will. Its hitting me hard and some of you know, its not the first time
this has happend to me. With that said, I'm going to be stepping away
from my daily participation for a while. (heck, I don't know if I can) But
I must try. I'm not going far, but I'm taking a step back. Its necessary.
poolman
Top Return 2008
Squalebear Takes A Break !
April 24, 2009 7:02pm
From time to time, we all go through it. Its the feeling of having such an
enormous weight on your shoulders, too much on your plate, call it what
you will. Its hitting me hard and some of you know, its not the first time
this has happend to me. With that said, I'm going to be stepping away
from my daily participation for a while. (heck, I don't know if I can) But
I must try. I'm not going far, but I'm taking a step back. Its necessary.
I understand Squalebear and you know I do.... It happen's.. I'm still staying away for awhile...
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