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Politics : Politics for Pros- moderated
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To: Bridge Player who wrote (101592)2/22/2005 10:06:17 PM
From: Sully-  Read Replies (1) of 793750
 
Call it what you wish. Keep in mind I only posted evidence to
support my POV that was the low hanging fruit (I.E. very easy
to find quickly). The TSP website contains a plethora of
valuable information. In addition to that site, everyone
received plenty of other sources of information.

Unlike kholt's baseless diatribes, every employee was given
far more quality information than she implies, replete with
full disclosure about risks in layman's terms. We all
received more than adequate training & we had to sign
statements that we fully understood the risks for each
investment vehicle. They were presented clearly & up front so
you knew that some investment vehicles could face substantial
losses to your principle & how it could occur.

Anyone who is going to place their own hard earned cash in
the TSP should have spent an hour or two researching what was
the best manner to do so for them. If they even did that tiny
amount of research, they would have known about the potential
risks in each investment vehicle.

FWIW, as much as I have personally witnessed the Federal
Gov't screw up the most basic things; I thought that the
Thrift Savings Program was more open, honest & complete than
any investment advice I've received in the private sector.
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