Spaf
Honorary Hall of Fame Member
imported post
TSP and managing your funds
Let me see if I have this right!
Congress created the TSP so that government employees could invest money into funds that would grow and support their retirement.
TSP created safe low return funds and some volatile high return funds, mainly index funds.
Government employees are generally novices to finiancial investing in the market. No training was given to these millions of employees, and the majority of funds remain invested in the safe low return funds. Many employees missed the high returns because they were not educated on the primary movements of the market.
Government employees that tried to help other employees reach better returns by educating employees on how to better invest their funds via the internet and web sites were given repremands and or supensions.
Special internet software is used by government administrators to block government employees from safeguarding or improving their retirement savings plan such as "websense".
Let me check to see what our Union is doing about this.......... .......... Nope nothing there!
Am I missing something! I really don't understand this system, because I not a CEO getting $114K annually to retire
Somewhere I'm confused!
Are we saying to the widows of government employees that your TSP benifits are xxx because they were only invested in the G fund?
This doesn't hit right!
Somewhere there is a wrong!
Rgds :? Spaf
TSP and managing your funds
Let me see if I have this right!
Congress created the TSP so that government employees could invest money into funds that would grow and support their retirement.
TSP created safe low return funds and some volatile high return funds, mainly index funds.
Government employees are generally novices to finiancial investing in the market. No training was given to these millions of employees, and the majority of funds remain invested in the safe low return funds. Many employees missed the high returns because they were not educated on the primary movements of the market.
Government employees that tried to help other employees reach better returns by educating employees on how to better invest their funds via the internet and web sites were given repremands and or supensions.
Special internet software is used by government administrators to block government employees from safeguarding or improving their retirement savings plan such as "websense".
Let me check to see what our Union is doing about this.......... .......... Nope nothing there!
Am I missing something! I really don't understand this system, because I not a CEO getting $114K annually to retire
Somewhere I'm confused!
Are we saying to the widows of government employees that your TSP benifits are xxx because they were only invested in the G fund?
This doesn't hit right!
Somewhere there is a wrong!
Rgds :? Spaf