Thread: L2010 fund

Originally Posted by saturneptune

I have been in the G fund about as long as Dave. Today before the deadline, I moved everything to the L2010 fund. This afternoon, everything dropped out. Gives one kind of a sick feeling.

Sleep well, enjoy the weekend. You can change it back to G on monday, with maybe minimal loss if any, maybe an up day. If you've been in G YTD your in great shape, and L2010 is conservative enough it wont hurt much if Monday is down. Monday will be a good day to nibble in a little and get a feel for trading. You're buying low, after all.

What a difference a few days make. TSP Board probably 2nd guessing making L funds default.

Originally Posted by FUTURESTRADER

What a difference a few days make. TSP Board probably 2nd guessing making L funds default.

They have to justify the cost of the L funds somehow!!

But you have to wonder if empowering the government employees with education would be a cheaper option...

Quick note to those in the L2010 fund-

The L2010 becomes the L INCOME fund in July 2010, NOT January 2010.


On January 1, 2010, the L 2010 target mix will move to holding:

L2010_jan.jpg

When July comes, there will be a new L 2050 introduced, and the L2010 will cease to exist as it rolls to the L Income function.

Here is what the L 2010 will BECOME in July, 2010:

L2010_july.jpg

Just an FYI.

Originally Posted by James48843

Just an FYI.

Good stuff. Thanks James.

I have another related question or two. I checked the TSP main site and I don't precisely understand what becomes of 2020 and 2030. My best interpretation is that they keep their current rebalanced configurations thus, virtually making them mirror what the 2010 and 2020 were at inception. It's probably not cent for cent what the 2010 and 2020 were, but a reasonable facsimile anyways since, when the 2010 and 2020 were introduced, they had more "agressive" allocations that got rebalanced to less agressive. Am I pretty close on that one in that their "time decay" keeps them on track, more or less, to "take the place" of the funds they are "replacing?"

The second is if the folks in Lincome get their accounts rebalanced to the "new" Lincome allocation -- which might be more or less agressive than they might wish? I might have not looked in the right places. This might be useful info to Lincome folks.