S Fund

The first TSP millionaires were all alike and today, they still have a lot in common. The vast majority have been investing the maximum for 29-plus years.

Almost everybody knows the buy-low-sell-high “rule” of investing. But many people don’t follow it.

After one of the worst days of 2019 for the stock market, nearly every fund in the Thrift Savings Plan took a tumble in May.

The Federal Retirement Thrift Investment Board issued an RFP for two fund managers for its C, F, I and S funds for the Thrift Savings Plan.

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.

TSP performance in March mostly echoed that of the previous month. The F fund performed better, and the S fund continued to plunge from its January peak, but the other TSP funds managed to stay in the black despite yielding still smaller returns.

Allan Roth, founder of Wealth Logic and a nationally syndicated financial columnist, said that when it comes to investing, his motto is “Dare to be dull,” as in boring.

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.

Fear of shutdowns and the potential impact on federal retirement plans may or may not have put a dent in Thrift Savings Plan returns for February.