Last week was a holiday shortened week and we went into Friday with just minor losses in the stock market, but as you may have heard, the May jobs report came in well below expectation and stocks sold off sharply. If you missed it, estimates were looking for an increase of 150,000 jobs and weRead… Read more »
Worst week of the year The stock market and the TSP stock funds experienced a precipitous decline last week with barely a notice of any kind of relief rally. The buyers have gone on vacation apparently, while the trouble in Europe dictates the action. Here are the TSP fund returns for the week of MayRead… Read more »
Usually, in todays economy, most federal employees I speak with have doubts on their thrift savings plan retirement. The older employees have an interesting mindset. They feel the market is too unpredictable to dabble in interfund transfers. “Too dangerous” is what I get most of the time. As of this post, I am 32 yearsRead… Read more »
Ralph Smith is the president and a co-founder of FedSmith.com. Sign up for the FedSmith.com free daily email newsletter to get the latest news affecting federal employees. There are plenty of reasons to be concerned about our economic future. Headlines from Europe scream about countries defaulting with investors in Greece potentially taking a 70% lossRead… Read more »
Weekly TSP Wrap-up from TSP Talk If history can repeat itself, we could see a positive start to March Stocks were modestly lower last week, but February proved to be a good month for stocks; particularly for U.S. stocks. For the week, the C-fund was down 0.37%, the S-fund slipped 0.35%, and the I-fund lostRead… Read more »
By Dorothy Ramienski Internet Editor Federal News Radio Good news came out of this month’s Federal Retirement Thrift Investments Board meeting, including news about how and when you might be able to contribute to your TSP account in the future. Tom Trabucco is director of external affairs for the Board and explains. Hear the entireRead… Read more »
Hi everyone – It’s your govloop weekly dose of TSP Talk. This market commentary is updated daily on www.tsptalk.com. Stocks ended a good week on a sour note Friday as the major indices and TSP stock funds were down about 1% across the board on the day, while the F-fund picked up 0.16%. For theRead… Read more »
Federal Employees News Digest is having a breakfast seminar on August 18th – one of the panels has Greg Long from the TSP talking about the legislation that will make changes to the Thrift Savings Plan – plus Q&A afterwards. As the spouse of a long time federal employee, I know that I’ll be askingRead… Read more »