The Federal Government is underwriting it. I'm on the old CSRS (not FERS). One perk of this system is the ability to put up to 10% of your lifetime earnings in what is termed a "voluntary...
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The Federal Government is underwriting it. I'm on the old CSRS (not FERS). One perk of this system is the ability to put up to 10% of your lifetime earnings in what is termed a "voluntary...
I'm within a year of retirement on CSRS and am about to make a sizable after-tax contribution to the voluntary contributions program. My intent is to then transfer this to a Roth IRA I have at...
By the way Coolhand, I'm sure I speak for many others who really enjoy your posts and your blog in saying thanks for all your efforts. I don't often post but I read you blog and your posts almost...
Agree, Coolhand. We are in an almost unavoidable downward spiral any way you go. Since deficit spending is about 12% of the economy, the multiplier effect probably means it accounts for about 20% of...
From the internet - seems reasonable:
Materials Needed:
rag
baking soda
white vinegar
vacuum
hot water
2 mixing bowls
You forgot the rest of the paragraph:
" I should also emphasize that the pattern is not "bet-the-farm" reliable. Bottom Line: The market is still medium-term oversold, but it continues to show...
Happy Birthday, Coolhand! I enjoy reading your blog.
I like his reasoning. Unfortunately, we don't have enough people in Congress like him.
Show,
Although I don't have a lot of pity for the "Big 3", I don't really want to see them go under either. However, I have not seen them coming to Congress with a new business plan that will...
Birch,
I understand that today's market prices will probably seem like bargains 3 to 5 years from now. But what makes you think that the economy is headed for such a quick turnaround - I see no...
Best "approximate" rate of return calcs:
today's balance - (12/31/07 beginning balance + YTD contributions) = net profit
(net profit/(12/31/07 beginnning balance + 1/2 YTD contributions)) x...
That's where you go now to get your pay stubs and change information about yourself, if you are a federal employee.
I also smoked for about 25 years, but managed to quit "cold-turkey" about 11 years ago. Although I believe the really bad cravings went away after a couple of weeks, it was actually a couple of...
I'm with you, Nnut - I don't have confidence in technical analysis of the markets in this environment.
I don't blame you, Hunter. This market is too unstable, in my opinion, to risk your hard-earned investment money. Looking back at the 2000-2003 downturn, we had a roughly 40% haircut off the...
Gotcha, Steady - Government workers were shifting into the G fund. Now it makes sense.
Thanks.
Steady,
I still don't understand what you meant by "The Government recently moved everything to G FUND" - what did they move?
Thanks.
Steady,
What do you mean "The Government recently moved everything to G FUND"? I agree with you move, by the way. I am already on the lilly pad - I may not catch the initial updraft at the start...
That's "borax", not "clorox".
[quote=350zCommTech;188970]I wonder what makes Warren Buffet think this is the bottom? I know that his time frame is 5 to 10 years, but how in the world are we going to get out of this mess without...
Another bad sign - Bernake is running his mouth again!
Congrats Reactive - way to navigate the market minefield! About Obama, I'm not so sure that stock investors will suddenly flood the market with money if he is elected (and it's looking like he...
You know, maybe the government can come up with a new scheme - I just don't know. But I think they can't restore confidence any time soon and get people buying houses and cars and big tv's, etc. I...
I got tired of getting run over by the train. I had gotten out back in January with about a 9% loss and had fought my way back with a couple of good quick in-and-out trades to about even for the...
I made the jump back to the pad. Now it's official - the 1000 point rally will start tomorrow!
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