Quote Originally Posted by Atarrin View Post
Thanks for all of the replies. I have been lurking for a couple of weeks now and trying to learn my stuff.

I'm a relatively new hire (< 1 year) who is trying to put as much in TSP now as possible.

If you don't mind a bit of a topic shift, what's so wrong with the L Funds? I know there's a big debate here about "Buy and Hold" vs. Market "Timers" but this seems to go beyond that.
Basically, L funds are risk management funds that use a time based positioning system to determine market allocation. The real scare here is because it is time based, the allocations can be detrimental to your money because the allocations could "lock in losses" when the market is swinging.....can you imagine taking a 2% hit and then because the fund says, Oh, Its an allocation day, and I need to move money to bonds, and that 2% loss gets locked in on your money?

That's why the L funds scare those who are more actively trading!

But if you actively trade, some use L funds to hedge a Lilly pad position (G Fund)!