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I pulled out of the C and S fund transfering into the G fund. Most federal agencies will NOT match 5% if all your assets are in the G fund! I bought gold since it just went under $1800 per ounce. We are back to the days of Jimmy Carter! When Carter became president gold was $98 per ounce. When carter left Gold was $302 per ounce. When Reblicans take over the Government I will put all my assets back into the C and S fund. I really miss the gains of the C and S fund and I really miss the 5%
matching, however! I am certain that Gold is a better deal for now!
Many commercial companies charge over 50% above spot value for gold. Get a good gold broker and never pay more than 10% over spot value.
96% is invested in the G fund. It has lost 17K as of last statement. Thinking of jumping ship if it doesn’t improve.
So I was hired on for my job as a Temporary employee, supposed to be Term employee. Temporary employees are not able to get TSP. It took 5 months to fix this issue. I have TSP currently as a term and I’m wondering about the 5 months if I can get reimbursement for it or anything.
Not sure if you could help but regarding taking the money out early, I did it using the new system and it was easy peasy. But my husband initiated a transfer in December the they mailed a check to chase which never made it then when they switched systems they wouldn’t take his call and now the account is at $0 with no one having gotten a check and they keep telling my husband that they’ll open a case and not to call for 6 weeks but we’re way past being patient and understanding when they’ve given us no actual solution or realistic timeframe to get this sorted out?!?
THANK YOU for posting this video. I lost the equivalent of a new Mercedes S Class in the last year. Mine are all set, and will remain at 33% each in the S,C, and I.
What happens if you had a small balance to begin with (invested late) and had it all in C&S funds and the balance was depleted. Now what happens. There is no money. Please advise.
What does L 2040 means?
Im trying to move everything to my G fund, screw all this. I'm better of striving to trade for living.
You can put money in the G fund then go back to a more aggressive fund later.
I will retire next month C, S fund loose too much pat three month. Now I should move all money to G fund?
Please give us your input on the mutual funds that is coming in June.
Christine, You should have put all of it in the C fund. Do the calculation and you will be surprised.
many checking and savings accounts are better then the g fund, avoid it like your life depends on it
Thank you, i feel a lot better now, but i still wonder about the situation with Russia and Ukraine, how bad can this impact the C and S funds? Thats why i moved it all to G fund, can you clarify in the event of catastrophic event like a war???
I screw up constantly and panic ugh
Buy the Dip!
Do what Holy Spirit is telling you to do! He will protect you. So be it.
Thank you
I'm 53 and I'll retire in over 10 years. My contributions are split between the C and S fund. I haven't looked at it but right now I'm not worried. The amount that I gained for those 2 is huge. I'm staying put!
The only folks who should be concerned are those close to retirement. Everyone else should be rejoicing in the downturn in the C, I, and S funds. These funds lost value but nobody lost money (unless you pulled $$’s out of the TSP).
When the value of those funds drop, you can buy more shares. That is you’re ‘buying low’.
When prices are low (i.e., the stock market tanks) you can buy more shares. And when the market goes back up, you have a lot more shares than you would have if the market never went down. In other words, you’re using the market fluctuations to your advantage.
So unless you’re within a year or two from retirement, a market downturn is EXACTLY what you want.
We are entering a tightening cycle, it would pay up big to preserve capital by moving to the G Fund now and buying back later after the pivot. We can’t time the market, but we can watch the economic cycle that is looking bleak right now and Fed can’t pump the market anymore with the runaway inflation they have caused. Worst case scenario is that you miss out on same gains. You will know when the pivot happens if you understand basic economics. Yield curve is about to invert and a leading recession indicator (consumer sentiment index) predicted a recession already. This is indicator has 100% accuracy and has no reason to be wrong this time.
HOLD and WAIT! Don't move money around.Don't look at your account balances until after the market bounces back.
I don't think people are not concern about the drop as much as if this a precursor to a bigger drop. We all know there are some issues, the question is when the crash/reset will happen. Regardless, if you got 10 years or more, keep it in C/S/I. If you got under 5 years… and it will hurt a lot for the crash/reset, put some in G. Never completely get out of C. I would say at minimum, keep 50% in C.
Take the Bill Gate's view. You still own the same amount of stock. The stock just lost a little of it's value. It will come back. So in reality since you do not sell the stock you haven't lost anything.
Totally my bad– Consult went great. Highly recommended! Thanks.
Stay the course people and quit having spasms over this!