If your like most active and retired federal investors you have little or no money in the I fund of the Thrift Savings Plan.
The last few months of volatile activity resulted in huge numbers of withdrawals and inter-fund transfers, and so May appeared to reflect a calming among investors.
What Stein can diagnose are sick and healthy financial trends, pointing out that for 11 years, leading up to the virus-driven crash, the stock market was in bull-market territory longer than any time in the country’s history.
According to last week’s Wall Street Journal, the top-stock buyer for the government of a very oil-rich Middle Eastern nation has been scooping up multiple shares of Marriott and Boeing (Disney World and the airliner)…
Do you find yourself wistfully looking back to the good old days of 2008-09? If so, welcome to what may be a fast-growing club.
Whether you are a plodder or a planner, foot-loose or up-tight, odds are your retirement checklist didn’t mention the possibility of a once-in-a-lifetime pandemic that would knock the 11-year bull market to its knees.
If your like most federal investors, a not-so-funny-thing happened to your retirement nest egg earlier this year.
The current world economic situation triggered by the coronavirus pandemic reminds more people of the Great Depression than it does the Great Recession of 2008-2009.
With the stock market reeling from the impact of the coronavirus who do you feel sorriest for, the 22,432 TSP millionaires or the 5 million-plus smaller investors?
Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
Over the past 11 years just about everybody and his brother has predicted that the record-long bull market couldn’t last forever.
When you leave government are you going to keep your optional retirement nest egg in the Thrift Savings Plan, or move some or all of it to an outside investment option? And does it matter?
Starting the new year at a low point, nearly all Thrift Savings Plan funds were down in January compared to December.
Despite high returns for the TSP’s stock index funds last year, a majority of federal workers have most of their nest egg money in the G fund.