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Reply to "Move TSP to G for a bit?"
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[quote=Anonymous][quote=Anonymous]You CAN time the market on occasion. In this case, I was right. I exchanged funds out of I fund and placed them into G three weeks ago. I have not lost a cent as the market plummets. We are officially in correction territory as of today. Down 10%.[b] You people really think we are going to sky rocket back up in the next week or two? No. I am going to hold G until there is “confirmable” and trustworthy progress on the world stage on oil and all that madness. Even then, we are due for a recession because of low employment, CPI and PPI and I might hold for 6 months.[/b] All I see is a continued downtrend and I have been right so far. Maybe 1 month maybe six months or longer I will ultimately switch back into C or I or a combo of both. Obviously over time those are where money is made and CAGR and all that, but as of now, no fking way. [/quote] Those of us with money in retirement funds don’t need that money in the next 3 weeks or even a year. If you don’t like risk then just use a more low-risk method of investing. If you’re only a couple years from retirement then yes maybe it’s best to keep money in the G Fund.[/quote]
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