Thread: Move everything to the G????

Originally Posted by nnuut

I hope you're having fun!

Oh, I'm having a blast!

You???

I'm pretty new to investing, but I am going to take a stab at this....

Originally Posted by Bruins21

I have been told by some to move everything into the G fund until the stock market improves.

What is the reasoning? You have 25 years for the market to pick up. At this point your account balance means practically nothing (unless you are planning to borrow your money).

Originally Posted by Bruins21

II had been of the mindset that, in light of my youth, and the amount of time I have until retirement, I'd be better served to just leave my TSP alone, and just ride it out.

Yep, 25 years is a long ride. Sadly this won't be the last hit we take as teh market goes up & down.... like a roller coaster. It's those who are retiring within the next few years who are worried about the market.

Originally Posted by Bruins21

IAny suggestions?

I'm going to buy as much "I" fund stock as possible (100%) while it's dirt cheap & sit on it! Anyone else doing this?

Originally Posted by Bruins21

II realize I'm "losing money" right now, but I was under the impression I'd be getting more shares at a lower price right now - which would prove beneficial later?

ding ding ding! I believe you are correct. Buy low / sell high, right?

Originally Posted by Bruins21

Thanks for any and all advice.....

Hopefully, that is correct and helps. Again I am pretty new myself to TSP with just under 20 years to go....

H93H, Its true that the (I)Fund has been the Grand Leader over time.
But that shouldn't stop you from having a diverse portfolio. Even at such
low prices. They could go lower. What if the market moves sideways
for the next 2 years (its more then possible). The short term looks very
inviting for a bounce, but we'll see these levels again before its all said
and done (JMHO). Maybe Bruins21 might consider the (L) Funds based
on his retirement time line. My point to it all is Diversification and good
timing. If were going to be better off come mid 2009 (guessing) then
maybe investing half now would be wiser then throwing it all at risk.
The closer we come to mid 2009, the more he could up his risk factor.
Just a thought as I drive around saying hi to everyone. Good Luck.