Steadygain
TSP Elite
Bank bailouts sweep Europe
European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.
http://money.cnn.com/2008/09/29/new...s_bailout.ap/index.htm?postversion=2008092911
In the Army I would call this a RED ALERT
Folks this is REALITY: This situation extends far beyond the US Economy and its Markets - so in the end if we are honestly going to go after the "BAD GUYS" then it needs to be done on a global level.
It's possible (but highly improbable) that Congress will block 'The Amnesty Package' in favor of an alternative plan. Since the underlying machinery of Fannie/Freddie/AIG has already been implemented CHIEF ECONOMISTS may persuade them to seek a better plan.
I PERSONALLY SEE THE BULK OF THIS AS "POLITICS AT IT'S BEST"
For that reason I have no problem staying 100% S Fund because Politics has a way of wooing the population and all this will spring back up. I have years to go and today and the next week or two make no difference.
If you're in G Fund now - you have that much less to make up for; if you're fully invested it's better to ride it out. The limitations in the IFTs have taught me more and more to be patient in the tough times and to look at the overall picture.
European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.
http://money.cnn.com/2008/09/29/new...s_bailout.ap/index.htm?postversion=2008092911
In the Army I would call this a RED ALERT
Folks this is REALITY: This situation extends far beyond the US Economy and its Markets - so in the end if we are honestly going to go after the "BAD GUYS" then it needs to be done on a global level.
It's possible (but highly improbable) that Congress will block 'The Amnesty Package' in favor of an alternative plan. Since the underlying machinery of Fannie/Freddie/AIG has already been implemented CHIEF ECONOMISTS may persuade them to seek a better plan.
I PERSONALLY SEE THE BULK OF THIS AS "POLITICS AT IT'S BEST"
For that reason I have no problem staying 100% S Fund because Politics has a way of wooing the population and all this will spring back up. I have years to go and today and the next week or two make no difference.
If you're in G Fund now - you have that much less to make up for; if you're fully invested it's better to ride it out. The limitations in the IFTs have taught me more and more to be patient in the tough times and to look at the overall picture.