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.
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.
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.
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.
The C Fund of the Thrift Savings Plan tracks the U.S. stock market's 500 largest publicly traded funds. The S Fund tracks the remaining 4,500 so-called small caps, although many are far from small.
If you go by averages the stock market is long overdue for a major correction — at least 20 percent, maybe 30 percent or more. During the Great Recession it was down almost 40 percent.
Thanks to their Civil Service Retirement System and Federal Employees Retirement System annuities, most federal-postal workers are in good shape compared to many of their private sector counterparts.
Financial planner Arthur Stein has many clients who are TSP investors, even several TSP millionaires. He offered advice in today's guest column.
Imagine the financial and emotional hangover you would have today if some, most or all of your retirement nest egg had been invested in the Thrift Savings Plan's T Fund? That's "T" for technical stocks.
Are you worried about your retirement nest egg? If so, financial planner Arthur Stein has a couple of simple investment tips and he will share them when he joins host Mike Causey on this week's Your Turn.
Are you a federal employee worried about your mix of TSP funds and retirement nest egg? If so, financial planner Arthur Stein has a couple of simple, ulcer-preventive tips.
Federal employee and financial coach Abraham Grungold's Thrift Savings Plan strategy has always been slow and steady, to keep pouring in those contributions and not watch the stock market, which is like a rollercoaster.