This is for all the newbie’s out there. It is important that you take control of your account.
When I started my TSP (around 1985) I didn't pay much attention to it and spent most of my time in the G fund because it was convenient. I did play in the C fund a little bit but really didn't educate myself on how things worked. It wasn't until 2004 that a friend of mine showed me what could really be done with my TSP. I am no expert by any means and I would say a lot of my accomplishments could be attributed to dumb luck but since the start of 2004 to the end of 2011 I was able to increase my TSP account by 114%. These numbers could have been better but in 2008 I finished at a -12.82% and last year I finished at a 2.17%. I guess where I am going with this is those that still have 15-20 years left can really make an impact to your account. Use this forum to your advantage and increase your knowledge of how things work. We all want to be comfortable in retirement. Good luck.
When I started my TSP (around 1985) I didn't pay much attention to it and spent most of my time in the G fund because it was convenient. I did play in the C fund a little bit but really didn't educate myself on how things worked. It wasn't until 2004 that a friend of mine showed me what could really be done with my TSP. I am no expert by any means and I would say a lot of my accomplishments could be attributed to dumb luck but since the start of 2004 to the end of 2011 I was able to increase my TSP account by 114%. These numbers could have been better but in 2008 I finished at a -12.82% and last year I finished at a 2.17%. I guess where I am going with this is those that still have 15-20 years left can really make an impact to your account. Use this forum to your advantage and increase your knowledge of how things work. We all want to be comfortable in retirement. Good luck.