Thread: Aviator Guy's Account Talk

What reall makes me angry about SoCal - and Californaia- is that kids who are college age don't get to stretch their wings. When I went to UCLA in 1974 you could rent an apartment in Santa Monica. Nothing fancy but liveable. You could strike out on your own. Young adults (lets face it they are not teenagers) don't have that option now. That's not right.

I moved to So Cal in 2001 and I love it out here on the left coast. Before I accepted my current job, my co-workers told me horror stories about California. The only one that was correct was the high price of real estate. I purchased my current home in March of 2002. Had I waited until Mar of 2006, that same house would have almost doubled in price!!! The extra fed locality pay for So Cal helps us make ends meet.

I’m a career fed worker and I have lived / worked in IL, TN, CA, WA, GA, IN, VA and finally back to CA. I enjoyed all of my Navy / Fed travels, but if I had to pick the top two, I would say CA and GA. I guess the trick is to just make the best of wherever you live?

Originally Posted by Tempest

What reall makes me angry about SoCal - and Californaia- is that kids who are college age don't get to stretch their wings. When I went to UCLA in 1974 you could rent an apartment in Santa Monica. Nothing fancy but liveable. You could strike out on your own. Young adults (lets face it they are not teenagers) don't have that option now. That's not right.

It's nice to see there's a few Fed Civ. Travelers out there... I've been working for the Navy for 20 years... San Diego, HI, DC, Lemoore, Monterey, Italy and Nevada.... Looking forward to another move down the road... Ain't Life Grand!!!

Best of luck this week!!

John

3-23-07, 15 UK sailors captured at gunpoint by Iranian military is being reported. This is a huge geo political event that will affect markets. Iran has proven to be a major player when it comes to escalating the war in the Middle East and they just upped the ante big time! My prayers are with the sailors families.

UK: 15 Marines seized by Iran

POSTED: 8:38 a.m. EDT, March 23, 2007

LONDON, England (CNN) -- Fifteen British Marines on patrol in the Persian Gulf have been "seized" by the Iranian navy, the British Ministry of Defense said.
The Marines were "engaged in routine boarding operations of merchant shipping in Iraqi territorial waters," the ministry said in a statement on Friday.
A U.S. military official who monitors the region told CNN the Marines stopped an Iranian ship suspected of smuggling automobiles, and boarded it for an inspection.
While the Marines were on board, six Navy ships from the Iranian Revolutionary Guard showed up and claimed the British had entered Iranian waters.
A dispute ensued over whether the Marines were in Iraqi, international, or Iranian territorial waters, and the 15 were then seized and taken to Iran, the U.S. military official said.
An Iraqi fisherman told Reuters the incident took place in the Shatt al-Arab waterway that marks the southern stretch of Iraq's border with Iran. His account could not be immediately confirmed.
The British ministry's statement said the Marines "completed a successful inspection of a merchant ship when they and their two boats were surrounded and escorted by Iranian vessels into Iranian territorial waters."
The statement added: "We are urgently pursuing this matter with the Iranian authorities at the highest level and on the instructions of the Foreign Secretary, the Iranian ambassador has been summoned to the Foreign Office. The British Government is demanding the immediate and safe return of our people and equipment."
There was no immediate word from Tehran on the incident.
The U.S. military official said the British Royal Marines are believed to be unharmed. It was not immediately clear where in Iran they were taken.
The British Foreign Office said Iran's ambassador in London had been summoned and Britain was demanding their immediate safe release, Reuters reported.
http://www.cnn.com/2007/WORLD/meast/....uk/index.html

Good news this morning on the initial jobless claims and the GDP numbers are better than expected and that’s Das Gud.

Bad News is the Iranians are still stirring things up with their illegal capture of those UK sailors. For this reason, I’m very cautious, so I will be in the market very short term. Good luck with your TSP investments!

Good news this morning on personal spending / income and corn futures. The overnight Asian markets were up and the European markets are still mixed.

Bad news is still Iranian political belligerence. The world might wake up and see how dangerous it would be to have that country with Nukes. It appears their government is being run by the revolutionary guard. This event has driven up the price of oil 7 percent just in the month of March!

Gulf naval forces on all sides are at their highest alert. I wouldn’t be surprised if there is another Gulf maritime incident soon, but it won’t fare well for any Iranian forces who dare to get their feet wet. For this reason, I’m jumping out of the market by the COB today. Good luck with your TSP investments!

Excellent viewpoint! Thank you

The 1st Quarter of 2007 has been one wild roller coaster ride and it was a lot of fun! I’m moving into April with caution, but I’m very optimistic there will be a lot of opportunities in the 2nd quarter to grow our accounts in the green. Good luck with your TSP investing!

Note: I have enclosed my XLS file that I use with my Treo 700 to track my funds.

They are releasing the UK hostage’s and that’s good news. The bad news is that Iran still wants to build Nukes. I would think this will be good for the markets. It should have a positive impact on oil prices too.

I decided to move from the “I” fund this morning (4-4-07), but after the news of the hostages, I changed my decision and will stay in the I fund for another day. I’m still very cautious and will probably move away stocks tomorrow. I’m just trying to stretch my gains out for another 24 hours. Good luck with your TSP investments!

Originally Posted by Aviator_Guy

...

I decided to move from the “I” fund this morning (4-4-07), but after the news of the hostages, I changed my decision and will stay in the I fund for another day. I’m still very cautious and will probably move away stocks tomorrow. I’m just trying to stretch my gains out for another 24 hours. Good luck with your TSP investments!

Good call Aviator Guy,

Have a great weekend ... The weather is going to be great. Nice time to do a little cruising.