I just wanted to say hi. I have been reading all of your posts and they have great info. I have been sitting in the G fund for longer than I would like to admit. A few years back I tried to time the market and got burned. Since then, I have pretty much played it safe and unfortunately missed out on some great returns. I am looking for a good entry point, but with markets being at an all time high and hearing about how they may consolidate before the next leg up, leaves me frozen in the G fund. I guess I better thaw out if I want to make some money.
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- Thread starter Boomer01
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nnuut
Moderator | TSP Talk Royalty
- Reaction score
- 210
Welcome to the Forum Boomer01. Yes the markets are hard to read with all of the politics pushing them up and down. Looks to be topping to me so I will wait a while and see how it goes, been waiting too long myself. Check the Auto Tracker some of us are doing real well.
Best of luck,
Norman
Best of luck,
Norman
WorkFE
TSP Legend
- Reaction score
- 516
I'm not one of them. Welcome to the board and good luck.
- Reaction score
- 2,450
Welcome Boomer! There's a lot to consider like age, how long you have until retirement, etc. But one good way to get a feel for things is to throw a little into the stock funds (maybe 10% or so) and you will look at your account and the stock market a little differently. After a while you will be able to make better decisions about whether you want to put more in, or take some or all out.
It's like when I'm in a losing stock position for a long time and am afraid to sell because I think it may shoot up as soon as I sell. But selling, in this case) sometimes clears the mind and you look at the investment differently. I can reevaluate the the stock better when I've made a change.
Good luck!
It's like when I'm in a losing stock position for a long time and am afraid to sell because I think it may shoot up as soon as I sell. But selling, in this case) sometimes clears the mind and you look at the investment differently. I can reevaluate the the stock better when I've made a change.
Good luck!
Thanks for the advise. I have about 10 years to go until retirement (I can go in 8, but my past G fund investment strategy will make it more like 10). There have been a few times this year where i said if the S&P goes down to 1500 (Aug) or 1600 ( a few weeks ago) I will go in. In both cases it came close, but never went that low and it shot up from there. I'm hoping the S&P will drop a little in the near future so I can put a little in. I'm thinking about putting some money in the I fund next week.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
Once you get into virgin uncharted territory there are no rules - trendlines and chart patterns may not predict anything. There may not be an opportunity for a pull back for months on end - everything happens intraday. In other words, waiting to buy pull backs may not turn out to be the right play. Buy now and cry later.
MrJohnRoss
Market Veteran
- Reaction score
- 58
IMHO, you may want to consider dollar cost averaging into some of the equity funds by changing how your "new money" going in to the TSP is allocated. That will slowly increase your equity exposure. Depending on your age, your years to retirement, and your risk tolerance, you should consider placing a portion of your assets in equities in order to grow your TSP.
Since you've been in the G Fund for so long, it may scare you to be in equities. Rather than put your money in the market all at once, you may want to consider putting in a pre-determined amount, say, 20-25% from your G Fund if/when the S&P drops down to it's 50 day moving average. So far this year, the market has bounced right back each time it's reached that level. That way you at least have a plan, and are systematically getting your money to work for you over time.
Good luck!
Since you've been in the G Fund for so long, it may scare you to be in equities. Rather than put your money in the market all at once, you may want to consider putting in a pre-determined amount, say, 20-25% from your G Fund if/when the S&P drops down to it's 50 day moving average. So far this year, the market has bounced right back each time it's reached that level. That way you at least have a plan, and are systematically getting your money to work for you over time.
Good luck!
Boghie
Market Veteran
- Reaction score
- 363
Boomer,
Sitting in the 'G Fund' has not and will not be safe. But, with 10 years till retirement I would never (although never is such a long time - yuk, yuk...) be more than 40% or 50% in C/S/I. I don't know anything about you other than a potential time horizon - you might be a multi-millionaire trust funder or a widget maker for all I know - but would probably recommend two things:
- Move 25% - 50% into a mix of C/S/I
- Make all Contributions to C/S/I
Boghie
Market Veteran
- Reaction score
- 363
Spot on advice...
MrJohnRoss
Market Veteran
- Reaction score
- 58
Thank you. Just trying to help.
MrJohnRoss
Market Veteran
- Reaction score
- 58
Good job.
Yes, the 50 DMA (day moving average) is around 1680. Now just keep your eye on it.
