allocation advice

[Nappy]

Hello everyone, I have a question that I would like to pose. I currently am in the following funds
G40%
F15%
C25%
S10%
I 10%
I am 50years old and have 25years fed service. I have been investing for 19 years into TSP.
I would like to know if this strategy would be correct or should I conserve more? Thanks

 

[Nappy]

Thrift Savings Plan (TSP)

Dave’s suggestion is to invest:

• 60% in C fund/plan
• 20% in S fund/plan
• 20% in I fund/plan

Something to think about.............

 

[poolman]

Thrift Savings Plan (TSP)

Dave’s suggestion is to invest:

• 60% in C fund/plan
• 20% in S fund/plan
• 20% in I fund/plan

Something to think about.............

Hi Nappy and Welcome to TspTalk.com!,

You will probably be hard pressed for anyone on this site to give you allocation suggestions. Really what this site is all about is not for the Buy and Hold individual.

My suggestion would be since you are thinking in terms of adding to your allocation is to try and catch a dip to increase your allocation. The stock markets have been on a tear for the last 6+ months. We are due for a pull back. The question is when. I'm thinking we are close to it happening. I'm not talking a 2 or 3 percent pullback but something on the lines of 10 to 15 percent.

Welcome again and Good luck !

 

[nasa1974]

Welcome Nappy. Your investing is going to depend on what kind of risk you are willing to take. The bottom line is are you depending on your TSP account for retirement (pretty much if you are FERS). If you need your TSP to retire then I would suggest very little risk. If you will not have to depend on your TSP account to make ends meet then you can take more risk. It comes down to what you need vs. what kind of risk you are willing to take. Good Luck.

 

[James48843]

Nappy:

NO ONE HERE CAN OR SHOULD be telling you what your allocation should be.

We're all just federal employees the same as you, we're NOT financial planners who hold licenses to advise you. So we can't, legally, and we won't.

The point is for YOU to learn more about investing, so that YOU can make your own informed decisions about where your money will work for you best.

No one here has a crystal ball, and we cannot tell you that the market will go up net week, so you should be in stocks, or that the market will go down, so you should be in the G fund. We don't know.

So the best thing for you to do is....learn as much as you can yourself, learn what your own investment style is, and then put your own money where YOU feel comfortable with it.

If you want "automatic pilot", then put it in an age appropriate L fund. (If you need the money starting in 2020, then L2020 is the age appropriate fund).

But if you want to control your own destiny, then NO ONE HERE can advise you what the perfect allocation is for you. Only YOU can decide that.

Good luck.

 

[Nappy]

Thanks folks I wanted to get feedback and that's what I was expecting. I will have to make time to do more research on the markets and strategy. I like this website and hope I can learn from others.
1.Where would a good place to start if I wanted get up to speed on being active in investing?

Thanks again and let the tears roll.........

 

[James48843]

Thanks folks I wanted to get feedback and that's what I was expecting. I will have to make time to do more research on the markets and strategy. I like this website and hope I can learn from others.
1.Where would a good place to start if I wanted get up to speed on being active in investing?

Thanks again and let the tears roll.........

Here is a good place to start:

http://www.tsptalk.com/mb/showthread.php?t=3629

Good luck.

 

[Nappy]

James thanks, I appreciate info!