Woah, January! If you were watching the stockmarket last month you were in for a wild ride. The stock market was incredibly volatile last month. “Our Chief Investment Officer said in January there were 10 days where there were 100 points swings. It was a roller coaster,” Kim Weaver, Director of External Affairs, Federal Retirement ThriftRead… Read more »
It was a negative week for stocks with choppiness throughout and an unsatisfied reaction by investors to the Feds policy statement Wednesday afternoon. Thursday looked promising which some credited to Fed member Janet Yellen’s statements about interest rates staying low and how she felt things were going well for the economy, however that was quicklyRead… Read more »
Stocks ended the week on a down note, but overall it was a pretty good holiday-shortened week for the market and all of the TSP stock and bond funds finished with gains. Oil continues to be a drag but the ECB announced a $1.3 trillion QE package and the market loves easy money. Here areRead… Read more »
Volatility remains high and a dramatic drop in the Swiss franc sent stocks on a wild ride this week. Earnings season kicked in and that should provide a catalyst for stocks this week, whether up or down. The indices are at a critical point and I wouldn’t look away too long this coming week. HereRead… Read more »
How did your retirement plan fare in 2014? Are there any changes you should make as we head into 2015? As the calendar flips ahead to a new year, January is the perfect time to make sure your retirement plan is running smoothly. Kim Weaver, Director of External Affairs at the Federal Retirement Thrift Investment Board,Read… Read more »
Stocks opened higher last week, but sellers stepped in taking advantage of the light volume trading. Whether it was profit taking or investors selling losing positions for tax purposes, the market gave way at the end of the year, and couldn’t rebound on Friday – the first trading day of the year. Here are theRead… Read more »
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 »
As summer sun cools to fall, the Thrift Savings Plan (your retirement plan), has also made a turn. After a down July, all but one of the TSP funds are back in the black. All Thrift Savings Plan domestic funds recorded gains over the past month, while the I Fund, invested in international stock, fell 0.14 percent.Read… Read more »
It was a big week for the stock market as the indices continued their rally off of the early August lows. We’ve seen this kind of action before as once again the bulls took charge after the bears failed to take the market down to an elusive 10% correction. Here are the weekly, monthly, andRead… Read more »
There was a FERS open season held back in 1987-88 and 1998, allowing employees with at least five years of Civil Service Retirement System (CSRS) service to voluntarily transfer to FERS during one of the two open seasons. When these individuals, called TransFERS retire, they receive both a CSRS annuity and a FERS annuity. TheseRead… Read more »