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Thread: Move everything to the G????

  1. #1
    Bruins21 is offline Newbie
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    Default Move everything to the G????

    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.....


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  3. #2
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    Default Re: Move everything to the G????

    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.

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    nnuut's Avatar
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    Default Re: Move everything to the G????

    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
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    Arrow Re: Move everything to the G????

    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

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    Talking Re: Move everything to the G????

    Quote Originally Posted by nnuut View Post
    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
    And when Norm jumps ship, that's when I'm climbing back aboard!!!
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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    Default Re: Move everything to the G????

    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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    Default Re: Move everything to the G????

    Quote Originally Posted by Rod View Post
    And when Norm jumps ship, that's when I'm climbing back aboard!!!
    You're a smart man Rod!!
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    Arrow Re: Move everything to the G????

    Quote Originally Posted by nnuut View Post
    You're a smart man Rod!!
    That's b/c I've been hanging around guys like you on here for over 4 years now!
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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    Default Re: Move everything to the G????

    Quote Originally Posted by Rod View Post
    That's b/c I've been hanging around guys like you on here for over 4 years now!
    Hey, I really ment that!! What's b/c, the opposite of a/d?
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    Arrow Re: Move everything to the G????

    Quote Originally Posted by nnuut View Post
    Hey, I really ment that!! What's b/c, the opposite of a/d?
    No... the opposite of a/d is d/a!

    b/c = because
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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    Default Re: Move everything to the G????

    Quote Originally Posted by Rod View Post
    No... the opposite of a/d is d/a!

    b/c = because
    See, I told you you were a very smart man!
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    Arrow Re: Move everything to the G????

    Quote Originally Posted by Rod View Post
    And when Norm jumps ship, that's when I'm climbing back aboard!!!
    Well Norm, I see you jumped ship.

    That means capitualtion has arrived!!!
    "You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
    - Metallica

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