Posted on Mar 27, 2020
Is Now the Time to Move to the G Fund? - FedSmith.com
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Great read on the Thrift Savings Plan.
Is Now the Time to Move to the G Fund? - FedSmith.com
Posted from fedsmith.com
TSP
DoD Civilian
US Government (non-DoD) civilian
Military Life
Retirement
Posted >1 y ago
Responses: 6
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TSgt Joe C. PO3 Steven Sherrill CW3 Kevin Storm SSG (Join to see) SGM Steve Wettstein SMSgt Thor Merich MSG (Join to see) PO1 John Johnson MAJ Ken Landgren LTC Greg Henning PVT Mark Zehner MSG Tom Earley Alan K. SPC Mark Huddleston PO1 H Gene Lawrence SGT Elizabeth Scheck Sgt Deborah Cornatzer SSgt Boyd Herrst SPC Diana D. SPC Nancy Greene
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MAJ Ken Landgren
- Some thoughts: If your stock fund is in the red, you will lose money if you sell. Ride it out as the market will go up again.
- Picking market swings are almost impossible to predict. However, I do think the market will go down further with the advent of more bad news in regards to Coronavirus.
- I have always said if you are a couple years out from retirement to move your investment to safer investments.
- Picking market swings are almost impossible to predict. However, I do think the market will go down further with the advent of more bad news in regards to Coronavirus.
- I have always said if you are a couple years out from retirement to move your investment to safer investments.
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- Some thoughts: If your stock fund is in the red, you will lose money if you sell. Ride it out as the market will go up again.
- Picking market swings are almost impossible to predict. However, I do think the market will go down further with the advent of major bad news in regards to Coronavirus.
- I have always said if you are a couple years out from retirement to move your investment to safer investments.
- If your stock fund is growing by 7% and the S&P 500 growth rate is 12%, your fund is a dog.
- You will get a tax break by investing in your retirement account. Let's say you are in the 25% tax bracket and you invest $10,000 for the year. You will not pay taxes on the $10,000 and will save $2,500 in taxes. So, we have two courses of action:
COA1 Pay Tax = $2500 Spend = $7500
COA2 Pay Tax = 0 Invest = $10,000
- Picking market swings are almost impossible to predict. However, I do think the market will go down further with the advent of major bad news in regards to Coronavirus.
- I have always said if you are a couple years out from retirement to move your investment to safer investments.
- If your stock fund is growing by 7% and the S&P 500 growth rate is 12%, your fund is a dog.
- You will get a tax break by investing in your retirement account. Let's say you are in the 25% tax bracket and you invest $10,000 for the year. You will not pay taxes on the $10,000 and will save $2,500 in taxes. So, we have two courses of action:
COA1 Pay Tax = $2500 Spend = $7500
COA2 Pay Tax = 0 Invest = $10,000
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