Stocks were thrown into positive territory Tuesday as the market was up at the open; the strong open also happened to be the peak of the week. Stocks sold off intraday Tuesday and the selling continued into Wednesday and Thursday. Janet Yellen spoke Friday Morning about the next potential interest rate hike. Her comments wereRead… Read more »
Posts Tagged: TSP
Researchers have revealed that only .5 percent of all the officers have over a million dollars in their TSP accounts.
Not coordinating your retirement accounts with your outside investments is a mistake that can cost you greatly.
To maximize your TSP, you’ll need to do more than just contribute money. You’ll also need to steer clear of the following mistakes.
While no one should make investment decisions without careful research (or, if you’re so inclined, speaking with a financial advisor) here are some tips to get you started when thinking about how to handle your TSP funds and avoid panic.
It is now time to make sure you understand how your retirement accounts function in the distribution phase so that you can maximize your income streams as you begin withdrawing on your savings.
The S&P 500 was down four of five days this week leading to more than a 1% loss in all the TSP stock funds. Anticipation for next week’s vote on whether Britain leaves the Euro Zone has been a hot topic for traders this week. Thursday’s gains were a indication of how stocks will reactRead… Read more »
The market produced slight gains for the week after oscillating day to day between gains and losses. The Fed further validated potential rate hikes in June on Wednesday. This wiped out the gains of the preceding rally to end the day with a slight gain for the S&P500. Selling continued into Thursday but buyers slowlyRead… Read more »
The market saw two good days of positive action this week; the first Tuesday and the second Thursday, both with the rally in oil as a catalyst. The gains of those days were wiped out the following day(Wednesday and Friday) though with weakness in Disney and retail. Friday’s action pushed the market into negative territoryRead… Read more »
Stocks were initially down this week but the bulls fought back to keep things at par as traders awaited the FOMC policy statement. Nothing particularly new was announced by the Fed; they sustained their dovish behavior as they know how sensitive the market can be otherwise. The statement didn’t change the mood of the weekRead… Read more »