Sounds like you have it under control and who ever it was that told you to move to G needs to take a lesson from you. (just my opinion)
As far as allocation...thats up to you but you do have time on your side.
Good luck what ever you do.
Hello all,
I am a GS-9 employee with about 25 years until retirement. I currently contribute 15% of my earnrings to my TSP, with the following allocations:
I- 40%
S-30%
C-30%
I have been told by some to move everything into the G fund until the stock market improves.
I 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.
Any suggestions? I 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?
Thanks for any and all advice.....
Sounds like you have it under control and who ever it was that told you to move to G needs to take a lesson from you. (just my opinion)
As far as allocation...thats up to you but you do have time on your side.
Good luck what ever you do.
Welcome to the Message Board Bruins21. Nobody knows what will happen next. You would be safe in the "G" and be able to jump in if the markets turn around. Being a BEAR Market it might bounce up then turn around and continue down right after so I wouldn't jump back in on the first bounce. Or you can take a big risk, like me and stay where you are and possibly lose big time, but like they say you have time to recover. I've been riding this thing down and will stay until I can't take anymore, which may be really soon.
Best of luck
Norman![]()
You have 25 years on your side. IMO, it would be silly for you to sell this "loss".
Remember, you never lose until you actually sell.
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
Welcome and you're doing fine. Perfect time to be buying.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -- Thomas Jefferson
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