James48843
03-23-2008, 03:45 AM
Here is TSP's Tracey Ray, talking on the radio:
http://federalnewsradio.com/emedia/111801.mp3
In this interview, she talks about how important it is to watch the market.
She says "It's nicer to be moving your money from stocks into fixed income vehicles, because you retire when your money is higher than when it is lower..."
Radio host- "So no matter what's going on, the bottom line right now is just hold still? "
Ray: " Uh, uh, well, that's what,uh...... the long term return of the market would say to you that that would be the right thing to do. We don't like to provide advice to our, to our clients. We do educate, do educate..."
Radio host: "Education being don't start freaking out and trading and selling and stuff cause you're just chasing the market at this point? "
Ray: "Right! Exactly, Exactly. "
http://federalnewsradio.com/emedia/111801.mp3
In this interview, she talks about how important it is to watch the market.
She says "It's nicer to be moving your money from stocks into fixed income vehicles, because you retire when your money is higher than when it is lower..."
Radio host- "So no matter what's going on, the bottom line right now is just hold still? "
Ray: " Uh, uh, well, that's what,uh...... the long term return of the market would say to you that that would be the right thing to do. We don't like to provide advice to our, to our clients. We do educate, do educate..."
Radio host: "Education being don't start freaking out and trading and selling and stuff cause you're just chasing the market at this point? "
Ray: "Right! Exactly, Exactly. "