For many people nearing retirement, running out of money is one of the top fears. Unless they work for the federal government.
The S and I funds of the TSP had bad years in 2018 but bounced back big time last year. Mike Causey asked financial planner Arthur Stein why?
To protect their annuities from the ups and downs of the stock market, many active and most retired federal-postal workers have a major chunk of their Thrift Savings Plan account in the Treasury securities G fund.
A growing number of Thrift Savings Plan investors are nervously wondering how much longer the current bull market will last, and can last.
Almost everybody knows the buy-low-sell-high “rule” of investing. But many people don’t follow it.
Despite the red hot stock market and longest-ever bull market in history, federal workers have just over 40% of their money in treasury securities.
Senior Correspondent Mike Causey recently received an email from a listener with $1.2 million in the Thrift Savings Plan and made on his second move of funds last September.
If you have a Thrift Savings Plan account what did you do in December when the high-flying stock market, after wobbling a couple months, dropped big time? Financial planner Arthur Stein has some ideas on today’s episode of Your Turn.
For the past decade the number of self-made millionaires in the federal Thrift Savings Plan has been growing steadily. peaking in September. But the last quarter of 2018 saw the market fall.
Washington, D.C. area financial planner Arthur Stein joins host Mike Causey on this week’s Your Turn discuss how volatility in the U.S. stock market is affecting federal workers’ TSP accounts, and whether feds should head for the ‘safety’ of the Treasury securities fund, or stay the course. October 17, 2018