New to site

[Michigander]

hey all!

i've been asleep at the retirement switch for several years now and just realized that i've been contributing 100% of my TSP funds to the G fund for the past nine years. probably not the worst place to have let it ride, dumb luck, but i'd like to take a more active role in diversifying my distributions.

with the way things are going, it looks like the 'S' fund may be a good place to allocate 25-30 percent of my resources, given my projected retirement isn't for another 15-17 years (ugh). thoughts on this? anyway, i look forward to following some of your knowledgable posts and hopefully learning quick!

thanks!

 

[WhoDey]

Welcome! I'm new too (joined last month), so we can learn together.

Good for you for having the initiative to take the reins of your TSP.

 

[tsptalk]

Welcome Michigander!

 

[nnuut]

Welcome Michigander, you still have plenty of time to build your TSP, that's GOOD.
Best of luck, see you around.
Norman

 

[James48843]

Welcome aboard!

Since you've been putting money into the G fund, at least you have something going for you.

I always advise folks to start out reading this thread-

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

It's a good start on where to start to build your nest egg.

Best of luck!

 

[nasa1974]

Michigander, Welcome aboard. Great place to learn.

 

[MrJohnRoss]

Welcome Michigander! Since you still have over 15 years before retirement, my advice (FWIW), is to learn as much as you can about market timing here on this site. You can do MUCH better than sitting in the G Fund. After accounting for inflation and taxes, you are losing money. You also do not just want to park your money in the C,S, or I fund and walk away. You'll need to keep a close eye on what's going on with the market, and do your best to time your trades to maximize your TSP.

Best of luck to you!

 

[RealMoneyIssues]

Welcome Michigander and good luck !!

There is a ton to learn here and great people to learn with.

RMI

Welcome aboard!

Since you've been putting money into the G fund, at least you have something going for you.

I always advise folks to start out reading this thread-

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

It's a good start on where to start to build your nest egg.

Best of luck!

You never gave ME that advice
Maybe I would be doing better...

 

[Michigander]

wow, THANKS to you all for the response... looks like I found the right place for information! While I'm learning, I dumped 100% in to the L-2030 fund... fingers crossed. I look forward to keeping up with this now, thanks again.

 

[Handballer]

Being in the G fund last year wasn't too bad. Over 400 of us lost some of our TSP money. :worried: On the other, 400 made money. The leaders made big money. This year following the IFTs of the leaders probably is not a bad idea.