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Thread: KevinD's Account Talk

  1. #1

    Join Date
    Sep 2008
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    West of Atlanta
    Posts
    2,580

    Default KevinD's Account Talk

    I have decided to start my own thread and try to not clutter other posters threads unless I think it might actually add something to the discussion. That doesn't mean that it actually WILL add anything...

    I have learned more in the last couple of weeks about finance and investing than I have in my entire life up to this point. It was the losses in my TSP that caused me to start paying more attention and kindled my thirst for knowledge. These are certainly interesting times we are living in and what better point in time to really learn how it all works.

    Tom - I just want to take the opportunity to thank you for this site and message board. You "really done good" and I appreciate it.

    To everybody else - Thanks for the posts and information. Especially the links to news articles. I wouldn't know how or where to find that kind of information any other way.

    May we all live long and prosper!


  2.  
  3. #2

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,396

    Default Re: KevinD's Account Talk

    KD I think we are all still learning! This stuff is like LIFE, there is always something to learn. The hard part is sorting out truth from fiction.
    Best of luck.



  4.  
  5. #3

    Join Date
    Jul 2004
    Location
    Virginia, USA
    Posts
    993

    Default Re: KevinD's Account Talk

    Good to hear from you, and good investing! You can join our Automated Tracker if you choose , but its not required. Having this account talk thread is needed to join. Follow the links in my signature to read more about the tracker.

  6.  
  7. #4

    Join Date
    Sep 2004
    Location
    Missouri
    Posts
    8,619

    Default Re: KevinD's Account Talk

    Good job, glad to have ya here.
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

  8.  
  9. #5

    Join Date
    Jul 2007
    Location
    Pacific Northwest
    Posts
    709

    Default Re: KevinD's Account Talk

    Welcome aboard!!

  10.  
  11. #6

    Default Re: KevinD's Account Talk

    KevinD Good Prospering?,
    I've been trying to get the best information possible to make good returns for awhile. I must say the others on this site are as good as you can get. I have to always in the end of reading all these messages and links, make the final judgement. With all the info they give to you here, it's like a no-brainer on what to do (usually?)





    ***********************************************
    I have learned more in the last couple of weeks about finance and investing than I have in my entire life up to this point. It was the losses in my TSP that caused me to start paying more attention and kindled my thirst for knowledge. These are certainly interesting times we are living in and what better point in time to really learn how it all works.

    Tom - I just want to take the opportunity to thank you for this site and message board. You "really done good" and I appreciate it.

    To everybody else - Thanks for the posts and information. Especially the links to news articles. I wouldn't know how or where to find that kind of information any other way.

    May we all live long and prosper!

  12.  
  13. #7

    Join Date
    Oct 2007
    Location
    Occoquan, VA
    Posts
    2,423

    Default Re: KevinD's Account Talk

    These are volitile times, measure twice, cut once.
    "All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python

  14.  
  15. #8

    Default Re: KevinD's Account Talk

    Measure twice AND double-check which side of the line the sawblade is on.

  16.  
  17. #9

    Join Date
    Sep 2008
    Location
    West of Atlanta
    Posts
    2,580

    Default Re: KevinD's Account Talk

    Most of us here are in the G fund...myself included.

    (Showing my ignorance) What circumstances would cause the G fund to evaporate? Total meltdown? Depression?

    If the Pond dries up do the Lilly Pads die?

    Worst case scenario - How bad could it get?


  18.  
  19. #10

    Exclamation Re: KevinD's Account Talk

    Quote Originally Posted by KevinD View Post
    Most of us here are in the G fund...myself included.

    (Showing my ignorance) What circumstances would cause the G fund to evaporate? Total meltdown? Depression?

    If the Pond dries up do the Lilly Pads die?

    Worst case scenario - How bad could it get?
    The (G) Fund is a no-risk fund. Its part of our retirement program and
    such, should be insured for up to $250,000 , if required at all. Should
    I be wrong. we share in the lack of knowledge and invite any and all
    members to help with the details.

    The (F)-(C)-(S)-(I) are all risk funds and are subject to great loses.

    In any case, this Thread should help;
    http://www.tsptalk.com/mb/showthread.php?t=6274

  20.  
  21. #11

    Join Date
    May 2008
    Location
    Utah
    Posts
    1,991

    Default Re: KevinD's Account Talk

    Quote Originally Posted by squalebear View Post
    The (G) Fund is a no-risk fund.
    Yes, no-risk, SB. That is the trade-off for getting yukky returns.

    The G fund is invested is special short term nonmarketable government U.S. Treasury securities that are specially issued to the TSP (specially issued so that we get a long-term rate on the short-term securities). They are backed by "the full faith and credit of the United States." And what that means is that they are as secure as it is possible to be. If they went down the tank then we'd have a lot worse problems than just how to pay for our retirement ....

    Lady

  22.  
  23. #12

    Join Date
    Sep 2008
    Location
    West of Atlanta
    Posts
    2,580

    Default Re: KevinD's Account Talk

    Quote Originally Posted by XL-entLady View Post
    If they went down the tank then we'd have a lot worse problems than just how to pay for our retirement ....

    Lady
    This is what I was wanting to know. Under what circumstances would even the G fund evaporate?

    Total stock market collapse? Civil war? Terrorist nuke NY? What worse problems?

  24.  
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