Greetings from Texas

[Aleksandor51]

Well, actually Texas by way of California where I spent most of my life. Anyway, I retired in 2008 from the EPA and moved to Houston. Unfortunately, most of my TSP was a victim of divorce in 2006, so I didn't have much time to build it back up. I'm not planning on withdrawing anything from TSP until at least 2023, so my interest is in what allocations would be best for maximum return and of course minimal risk. In other words, what every investor wants. Right now it's 100% F Fund, (it was 70% F, 30% G, for years). I changed to 50% C, 50% S back in April, but being admittedly clueless on investing, got nervous when the market got nervous last couple of weeks and switched back to F. Since casual reading in this forum reveals people who are way more savvy than me when it comes to TSP, I'm interested in a good strategy. Thanks y'all!

 

[nnuut]

Welcome to the Forum Aleksandor51, plenty of advise here the hard part is figuring out which to take. Read as much as you can and learn all that you can. Check the Auto Tracker and you can see who is doing well and who isn't. We are all waiting for this big spike to the downside to turn around, take my word on this NOBODY really knows when it will hit bottom.
Best of luck
Norman

 

[Aleksandor51]

Thanks for the reply. I certainly will be going through some other threads, especially those by any by other retirees. The one downside of retirement re: TSP is, of course, you can no longer make any contributions, so investment fluctuations are pretty worrisome. I stayed in CSRS plus I still do part time consulting, so I'm not destitute. But I still dream of striking oil while planting a tree in the back yard and becoming a Texas oil baron. I once thought of also being a Texas cattle baron, but cattle rustling is still a hanging offence down here.

 

[nnuut]

I'm retired myself Jan 2010, I love it. I don't touch my TSP funds they are an emergency fund to me. I will have to start mandatory withdrawals when I'm 70 1/2 years old but have time left to figure out what the best option is. Keep making more money the more have in there the brighter your future. I can live comfortably with my Pension CSRS and little Social Security because the house and cars are paid for. Catch the next BIG uptrend and watch it grow.

 

[busybrwneyes]

Well, actually Texas by way of California where I spent most of my life. Anyway, I retired in 2008 from the EPA and moved to Houston. Unfortunately, most of my TSP was a victim of divorce in 2006, so I didn't have much time to build it back up. I'm not planning on withdrawing anything from TSP until at least 2023, so my interest is in what allocations would be best for maximum return and of course minimal risk. In other words, what every investor wants. Right now it's 100% F Fund, (it was 70% F, 30% G, for years). I changed to 50% C, 50% S back in April, but being admittedly clueless on investing, got nervous when the market got nervous last couple of weeks and switched back to F. Since casual reading in this forum reveals people who are way more savvy than me when it comes to TSP, I'm interested in a good strategy. Thanks y'all!

Welcome Aleksandor51! I wish I could find that thread someone posted. He basically retired also and couldnt contribute anymore but in 8 years I think it was, he was able to double his TSP balance. This site is just full of good info. Good luck!

 

[burrocrat]

...cattle rustling is still a hanging offence down here.

not if you're good at it.