October, as it sometimes does, once again proved to be a scary month for folks invested in the stock market. We didn’t have a Black Friday circa 1929 event. And we are a long way…
After basking in the longest bull market in stock market history, many people with optional retirement accounts are wondering if unhappy days are here again.
If you are associated with the government there are a couple of ways to become a millionaire — legally: Buy a lottery ticket or max out in the Thrift Savings Plan.
The average self-made millionaire had been contributing for 29 years, and more than 64,000 people had account balances ranging from $750,000 to $999,000.
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
Last week’s $1.3 trillion "paper" loss gave a lot of people the jitters, but this is not an unusual amount of volatility.
The U.S. stock market was down 4.21 percent last week or about $1.3 trillion. If you are invested in the Thrift Savings Plan’s C and S funds, that means you, too.
Last week a reader who plans to retire in 2022 asked for some TSP investing help so we passed the buck to you for the wisdom of the crowd. Here’s what you advised.
The number of feds who have account balances ranging from $750,000 to $999,000 rose between 2016 and this year. Now the largest balance is more than $6 million.
During the Great Recession in 2008, thousands of TSP investors pulled money out of the stock market C, S and I funds and put it in the G fund.
Financial planner Arthur Stein said investors who stuck with the stock market during the Great Recession and the rebound that followed have seen their account balances soar.
Financial planner Arthur Stein joins host Mike Causey on this week's Your Turn to talk about bull and bear markets, and explain why playing it “safe” can actually be dangerous to your long-term financial health.
Are you a TSP millionaire? If not, what steps can you take to maximize your retirement benefits? Find out this week when Tom O'Rourke, principal at Miles & Stockbridge joins host Mike Causey on Your Turn. September 5, 2018
Whether you get a pay raise or not next January, chances are you are worth more than you think — literally.
Many federal workers have heard that the current record-long bull market can’t last forever. Many of the experts say a 20 percent to even 30 percent drop in the stock market is possible.