Posts Tagged: finances

Follow the $$$ Again?

“Follow the money,” the now iconic line from the Watergate scandal, urged reporters Carl Bernstein and Bob Woodward to follow the money trail to root out government corruption. But, just as Bernstein and Woodward discovered, following the government money trail can be incredibly difficult. The reason? Funds from different programs often overlap or are reportedRead… Read more »

TSP Talk Weekly Wrap Up

We saw some interesting action this four day week producing a potential bottom to these January woes. Nothing is certain but the bulls do have a little momentum on their side as we run into earnings season. Although the day ended in negative territory, Wednesday’s reversal gave buyers some confidence. The bulls followed up withRead… Read more »

3 Reasons why Millennials Can’t Skimp on Retirement Savings

We’ve all thrown money away on outlandish purchases. As a freshman in college, I was a student worker earning minimum wage. Naturally, I thought spending a cool $500 on skateboarding sneakers was reasonable. I did not skate, mind you, but that’s beside the point. My supervisor at the time, perhaps sensing a perilous financial future,Read… Read more »

TSP Talk Weekly Wrap Up

Stocks had their third consecutive week of loss after a rising dollar hurts earnings for U.S.-based multinational companies whose products become more expensive overseas. The rising dollar also brought oil down to $44.84, another key factor affecting strength in stocks. Here are the weekly, monthly, and annual TSP fund returns for the week ending MarchRead… Read more »

Female Feds: What’s in Store for Your Financial Future?

By Abigail Reid, Writer-Editor, Federal Retirement Thrift Investment Board Recently, the Thrift Savings Plan examined gender differences in retirement saving among Federal employees. For the first time, we segmented data from our annual Participant Behavior and Demographics Report by gender, in addition to factors like age and length of tenure. Considering that March is Women’sRead… Read more »

TSP Talk Weekly Wrap Up

Some late selling on Friday and the historically bullish trading day after Thanksgiving turned into a disappointment for the bulls. For the week stocks were up slightly with the I-fund leading the way for the TSP stock funds, and bonds (F-fund) came to life to lead all of the TSP funds with a 0.56% gainRead… Read more »

7 Tips to Make the Most of Your Thrift Savings Plan – No Matter Your Age

Are you saving like you should? Our tips below will help you out, no matter where you are in your public sector career. I happened to be in a government building in Texas last week when I noticed a sign encouraging active participation in a retirement plan. It read: “I’ll save for retirement when I’mRead… Read more »