Moving your balance (interfund)

[stebbins777]

My co-worker moves his tsp balance from the c,s,and I fund to the G fund every time he hears the market is goin to take a hit. Is this smart to do?

 

[JTH]

My co-worker moves his tsp balance from the c,s,and I fund to the G fund every time he hears the market is goin to take a hit. Is this smart to do?

By the time you hear something on the news, most times the market has already priced it in, so no it's a bad idea, in fact it's a really bad idea.

 

[nnuut]

My co-worker moves his tsp balance from the c,s,and I fund to the G fund every time he hears the market is goin to take a hit. Is this smart to do?

Surely would be nice if you could predict when a drop is going to happen, when he figures it out let me know and we will become MILLIONAIRES!
BUT, yes we do try and do that, most of us!

 

[Birchtree]

Never pay attention to the noise - pick a stratgey and maintain discipline. Every time the market goes down is time to do a little dance - get those golden prices to build a base. It's the number of shares accumulated toward retirement that counts.

 

[Silverbird]

That's his exit strategy but what is his entrance strategy?

 

[Boghie]

Generally, it is a bit better to get out of a rising market than a dumping one.

I mean, why lock in losses during a correction. Maybe shave some off by getting out a bit early, lose some gains by getting in a bit late - but, just blindly bailing after a down day.

That is a strategy for becoming someone's lunch