Hi everyone,
I am really worried about how the stock market is doing. I currently have 20% in the L fund C-20%, S-30 , I - 30%. I keep losing money and I have recently learned when a person keep moving the money around a person losses alot of money.
At this point, I am waiting for the market to rebound. I wonder should I just put my money in the G fund for now. Or wait until the end of December to see what happens. What do you all think.
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It's like the others have said, It's your call, :notrust:
I've got 22 years in (all 100% TSP max'd) but, I'm kind of new at this also. I'm always trying to time the market and be right at the top when the market turns around? My time til retire is over 20 years, so I feel that I can be brave and tough (stupid?) and take all the pain the market can throw at me. The TSP guru's said to take the loss and then you'll have all that stock available at a low price? If you duck out now, then you can get back in next month without that loss? RIGHT?
The first half of this year, I didn't lose much using their strategy, but in the last month, I've lost (-$25,k) or 20% of my total. I've got to just put in and keep G-50% (for security) then put my IFT %'s out there, so I can get a little (sick?) fun in until the TSP board says "Whoa, DannyBoy, you're done", again. There's also the ability you have of making unlimited IFT's, that is if, after your second IFT your move increases your G fund?
I'm still not good figuring a way that can help much, unless you can make IFT's to all funds totally, that is if, after your second IFT your move increases your G fund, that is if, after your second IFT your move increases your G fund? :worried:
Good Luck?,
DannyBoy,