It’s been a busy last  few weeks.

Posts have been a bit light as I’ve spent my efforts on fighting a malware attack on the blog (more about this later).   This focused my time on the administrivia of running the Gubmints blog instead of providing good content.  But don’t worry- There’s plenty more to come.

I’ve been receiving lots of inquiries about how to calculate a Military Service Credit Deposit to ensure proper calculation of the FOUR Service Computation Dates for federal employees.    I decided to model the Gubmints SCD Audit service and pricing similar to the Service Record Audit that Association of the United States Navy (AUSN) provides to its members who are up for a promotion board (I had my service record audited prior to my O-5 board and was very happy with the Navy Service Record Audit provided by AUSN).

For those of you Feds who are Veterans, I’m offering a new service to calculate and/or Audit your Military Service Credit Deposit.  I’ll do this both for veterans with Full Retirement (20+ years Active Duty) or discharged Veterans with a DD-214.

You can find out more about the Military Service Credit Deposit audit service by clicking ‘SCD Audit‘ above in the Navigation Bar.  Feedback is always welcome!



7 Reasons Hedge Funds Suck

The following is a summary of points I found in ‘The Hedge Fund Mirage by Simon Lack. Simon spent an entire career on Wall Street as a trader or providing ‘Seed Funding’ to Hedge Fund managers. The goal of his book is to inform investors and provide some transparency to the Hedge Fund Industry.

Feds and Vets, thank yourself that the TSP prevents you from stepping in these Hedge Fund land mines below:

Continue reading


132x81-Plat-Points

Here’s another dirty trick good ol’ Dad taught me.

Ever wanted to wait 60 days to pay for something you purchase today?  Maybe you have a commission check, periodic bonus, or other anticipated revenue event – And you would like to purchase something today without bouncing checks or taking out a ’90 days same as cash’ consumer loan? Continue reading


Don't go work for this guy.Mmm- Yeah, I’m gonna have to ask you to save much more for retirement, okay?

Defined-Benefit Pension Programs (like your FERS Annuity and/or Military Retirement Pension) are headed the way of the Dodo Bird.  Here’s a recent example.

The State of California recently illustrated the difficulty of running a Defined-Benefit Pension program.   CALSTRS (the California State Retirement System) is a juggernaut of a pension fund that is designed to support almost 500,000 teachers, state employees, and municipal employees in retirement. Continue reading