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Everything posted by BFM this
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That's assuming that the stop loss'd individuals are in ops squadrons. What if they are ALO's, white jet IPs, staff, drones? Even if in a flying billet, there's plenty of busy work that can be given to the seagulls, even if you don't want to deal with the hassle of administrative discipline when that work doesn't necessarily get done. I have been one of the most vocal nay-sayers of stop loss on this forum. I think it would take "full-retard" to a whole new level. But at some point, even I concede that it could be a blunt force tool used to make the numbers look better...and little else.
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This. Senator, these are not the droids you are looking for.
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FWIW, I've rolled over several of the Frau's 401k's, and it always took two to three months. They were all various state retirement systems, beurocratic BS nightmares (we need you to mail the paperwork so we can sign it and mail it up to the state HQ, NO you cannot be all 21st century and scan and email!) so the TSP experience sounds similar.
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You still have a dog? Those are tasty.
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Morpheus was right: he is the ONE.
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Until his return, let's reflect on some of his flight planning wisdom. RE: the Tampa A/O
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RPA/Cyber has their medal on the way
BFM this replied to ATIS's topic in Remotely Piloted Aircraft (RPA/RPV/UAS/UAV)
Yes, here was a bit of a dust up when the AM was introduced. . What I wonder, is if back then were the people actually in line for this award thinking "WTF?", like they are now. -
It's ok. Like the West Wing, it's slanted to the left, but not as flamboyantly (those evil Republicans are still the villians). Other than that, well written and entertaining.
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Active-Duty Drag Queens Find Home With Air Force Musical Ensemble Read more: https://www.duffelblog.com/2013/02/air-force-musical-showcase-ensemble-sees-tryout-surge-one-year-after-dadt/#ixzz2Jf6GBNKY Follow us: @theduffelblog on Twitter | duffelblog on Facebook
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Searched AF Times. Nothin. Sounds sketchy.
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Spielberg and Hanks secure rights for HBO WW2 series on 8th AF
BFM this replied to drewpey's topic in Squadron Bar
So much potential. Hopefully, this project meets the expectations of this team's previous accomplishments. So much potential for fail. I still think that Red Tails was a cleverly disguised hate crime.- 22 replies
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- band of brothers
- tom hanks
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MWR used to operate a recreational range on Camp Foster when I was stationed on Okinawa. Had a ton of rentals from a MkII to a .44. Between that and the scuba diving, that assignment rocked.
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This is almost non-news. Its been almost 10 years but... Most units I was in (it was left to the unit-level leadership, who often delegated it down to the shop) had a policy of service uniforms on Fridays. For us, it became the day when the shop would go to lunch out in town together, as the Corps was draconian on it's policy of any untility uniform worn off base.
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Never go full retard...
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US Aircraft Crashes in Djibouti, Four Fatalities
BFM this replied to skinny's topic in General Discussion
11.7kfps roughly equivalent to 117kts in the vertical. -
I've also heard said Amn referred to as the SA-21. (IE: about 21 years old with a disastrously high Pk)
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I didn't see the amount option (haven't been there since they added the Roth option. Max check option: SHACK!
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I'd like to see a percentage OR amount option. I'd rather be able to just divide $17k by 12 and call it a day.
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The Passing of Rich Hauben, Founder of Baseops.net
BFM this replied to ClearedHot's topic in Squadron Bar
Him Him -
Investment showdown -- beyond the Roth, SDP, & TSP
BFM this replied to Swizzle's topic in Squadron Bar
There are better commercial vehicles than TSP; Vanguard and T Rowe Price are two that come to mind. Point is, you should run, not walk, as fast as you can, every year, to max out your Roth savings. All $22k if possible.- 1,190 replies
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- sdp
- weekly trading
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Investment showdown -- beyond the Roth, SDP, & TSP
BFM this replied to Swizzle's topic in Squadron Bar
It can be, but it is typically overrated. On the surface, your PCS orders are buying you a position. Nowhere else/noone else can secure investment positions with such regularity and impunity as the military member. That is worth something. When I get orders in hand, I can easily secure (most of the time) a 100% (or nearly so) leveraged position on a new property. But it comes with some downsides. -First, I plan on management if I intend to hold (and rent). That's going to eat 9% off of your bottom line, and likely >50% off of your margin. Conventional wisdom holds that investment properties should be no further than a 30min drive. So long term, this can be a winning play; planning a 1031 (like kind) exchange once you end up in a rooted location, all of those real estate POSITIONS now become local properties that you can manage yourself. -But the second (and more costly) downside is that: you make your money on the buy. I've seen this work for single dudes. But with a tribe in tow, that becomes a more difficult proposition. Try telling the frau that for the next pcs, you're planning on spending 3-6 (harrumph!) months in a temporary rental while you canvas the market and pick up a bargain. Good luck. Momma's going to want to start nesting immediately. Just how it is. So, in practice, you're probably going to drive away from each duty station with another property that is ~$200-$400 in the red to start with. Keeping in mind that you are building principal while you are occupied, so it's not like it's money down the drain. And it will improve over time (with increasing rents), but my math has worked out to around a 6% long term yield when accounting for expenses. It can be a good conservative long term strategy, but it comes with the occasional ulcer. FWIW- 1,190 replies
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- sdp
- weekly trading
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Investment showdown -- beyond the Roth, SDP, & TSP
BFM this replied to Swizzle's topic in Squadron Bar
Why in the wide-wide-world-of-sports would you ever want to do this? One poster above mentioned rolling his Vanguard into TSP. Look, TSP is great in a 401k-type sense, and it was great when they finally opened it up to the Military (about friggin time!). But compared to most commercial vehicles, ...meh. And especially compared to one of the best managed index fund companies around (Vanguard), why in the hell would you want to trade down like that. In fact, SOMEONE mentioned a really great reason (among many) why you might not want to do this: It's a good deal: invest $5k in your Roth IRA with a solid commercial manager, and another $17k in TSP. After retirement, roll-over the TSP into a commercial vehicle. Don't over-think it.- 1,190 replies
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https://www.youtube.com/watch?v=5RAhU9TmIMM