Have a brokerage account? IRA? ROTH? OR TSP (Thrift Savings Plan)? Do you care about your Retirement? And do you want to make sure your nest egg grows???
Retirement and 401k for federal employment. TSP. A 10-minute review of the different funds G, C, S, I, F. We will show you how to track them and which ETF’s they follow and give you an idea of where your money should be stashed! Take control of your cash! Don’t have a TSP? You can put your funds or money in these ETF’s as well. A user-friendly video for all who have funds in the stock market. Weekly reviews.
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Sources
CiovaccoCapital (youtube channel)
Grow my TSP…(read more)
LEARN MORE ABOUT: Thrift Savings Plans
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HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
The Thrift Saving Plan (TSP) is a retirement savings plan for government employees, including military members. It offers a range of investment options, including stocks (ETF’s). From October 19th to October 23rd 2020, the TSP and stocks experienced some highs and lows.
On October 19th, the TSP saw overall gains across all of its funds. The C fund, which tracks the S&P 500, had a 1.54% gain, while the S fund, which tracks small-cap stocks, saw a 2.44% gain. The I fund, which tracks international stocks, also had a 1.77% gain. Overall, it was a positive day for TSP investors.
However, the rest of the week proved to be more volatile. On October 20th, the TSP saw losses across all of its funds, with the C fund experiencing a 0.43% loss, the S fund a 0.25% loss, and the I fund a 1.24% loss. The rest of the week saw a mix of gains and losses, with the C fund seeing a slight gain on October 22nd and the S fund experiencing a slight loss on October 23rd.
In addition to the TSP, ETF’s (exchange-traded funds) also experienced some ups and downs during this week. The S&P 500 ETF (SPY) had a 1.53% gain on October 19th, but saw losses on the following days, closing with a 0.50% loss on October 23rd. The Russell 2000 Small-Cap ETF (IWM) also saw gains on October 19th, but experienced losses throughout the rest of the week, closing with a 2.03% loss on October 23rd.
Overall, the week of October 19th to October 23rd was a mixed bag for both the TSP and stocks (ETF’s). While there were some gains, there were also losses and volatility. It is important for investors to remember that the stock market is constantly changing and that past performance is not indicative of future results. It is essential to have a long-term investment strategy and to regularly review and adjust that strategy as needed.
October was an interesting month. Moving to 100% G or Cash before the election. Video to follow shortly.
Thank you for sharing brother!