May 13, 2019, was the day we learned, after a 10-year bull market, that the stock market had a paper loss for the day of approximately $800 billion.
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.
Explanations vary as to why the bull market continues. Many who predicted the market would tank, from Trump or Brexit, have yet to be proven correct.
Whether it’s down to strong job growth or low inflation, financial planner Art Stein says Thrift Savings Plan investors should like first quarter 2019 results.
A decade ago today, the US stock market was hitting rock bottom. The Great Recession, which had been in effect for almost two years, showed no signs of getting better — ever.
Financial planner Arthur Stein is today’s Your Turn guest and will talk about investment time periods for Thrift Savings Plan participants.
Maybe it’s time to clean or even replace your personal political filter, at least when it comes to making long-range financial decisions. Most experts agree that based on past history the stock market is long overdue for a major correction of 20 to even 30 percent.
Many feds, young, old or retired, invested heavily in the stock-indexed C, S and I funds are nervous about their Thrift Savings Plans. We asked financial planner Arthur Stein what’s going on.
This year was a crazy one for members of the federal family, with many legislative threats to retirement plans as well as efforts to make it much easier to fire civil servants.
Few people alive today remember the Great Depression, but millions of nervous investors, some in the civil service, wonder how much longer this record bull market can last.