As long as we have the ability to make unlimited IFT's, you only help yourself by becoming educated on being an active (and knowledgable) manager of your funds....if only I had started when I was young.
Chezhoy,
I am not bragging, but learn from others around here...When I started lurking here in Jan 2006, I had been in gov't. for 3 1/2 years. In one year I more than doubled my TSP, and I am only contributing 5%. There are some very wise people here; I am but a pupil. Plus, 2006 was a good year. I think you are going to like it around here.
I remember when the TSP opened up for military. I worked Customer Service at Dover AFB MPF. We were the POCs for the forms...that must have been in 2001...6 years behind, but like I said better late than never. I am really enjoying these forums. I like what James wrote in my Newbie post. I actually just switched mine to 50/50 C/S because of the increase in the past month. I heard 2006 was a great year...2007 is okay...hopefully 2008 is better. As Jimmy Buffett once sang, "Only time will tell."
L- funds are starting to look better all the time
But the I-fund has outperformed all funds the last 4-5 yrs
L funds are not tested for a a downturn - they have not been around for long enough. Drive carefully. I suggest the Basic Typing Lessons Funds: FFF GGG , with a little stock if you really want. But I mean a little, even Lincome is 25% stocks, which may not be the best road right now.
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python
Yeah but it's been beaten up pretty good this month more so than any other Fund YTD.
2040 for a newbie is the way to go. I should have probably put my money in that when they came out...the rebalancing throughout the year actually adds some extra % that you normally would not have in a target fund. That's an added bonus. Plus it's just a cruise control fund....adjusts and rebalances itself.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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