Good point I don't know why I didn't think of that strategy since I already do it with my other money lolThat's why you start putting money in every week at this point (don't dump it all in at once and hope you bought at the bottom). You don't know where the bottom is (nobody does). This way, you spread your buying across the valley.
This has to be a joke, did you mean to put it in purple?I just looked at my TSP account, lost 3k. I was allocated 50/50 between the C and S funds, switched it all over to G fund this morning. Hopefully I did the right thing I retire in 7 days!
I just looked at my TSP account, lost 3k. I was allocated 50/50 between the C and S funds, switched it all over to G fund this morning. Hopefully I did the right thing I retire in 7 days!
G fund is the "safest" fund to go in to.
I just looked at my TSP account, lost 3k. I was allocated 50/50 between the C and S funds, switched it all over to G fund this morning. Hopefully I did the right thing I retire in 7 days!
I done the same thing as soon as I heard China was having troubles last week. Everything is in G fund with the exception of the L2040. Historically it seems that about every seven years or so the market takes a plummet. 2015, 2007, 2001, 1994, 1987. I doubt we have seen the last of the market dropping this year
This has to be a joke, did you mean to put it in purple?
Seriously, that's like following up a stupid mistake with more stupid mistakes... if you're serious, I'm sorry, you did some damage to your retirement...
I did not realize the 7 year cycle but thanks for pointing it out! I moved to G fund to avoid any more $3k dumps. I will probably move back to C and S in the next couple days. I know you're not supposed to play with TSP daily but, when I see a $3k loss, I commence to evacuating body cavities.....
I plan on leaving mine on G fund to let this all ride out. In sept/Oct of 2008 TSP share prices dropped dramatically about like they are now. I'm not saying this is going to happen again, but if it does I'll have a chance to buy into the "I" fund with super low share prices.
Between Monday of last week and Wednesday of this week, I've lost about $14,000 .... Not fun to watch, but I'm gonna ride it out.....
Please explain as I am not as savvy about this stuff as I used to be 20-30 years ago