Thrift Savings Plan investors were undoubtedly disappointed in the stock returns from January as all of the underlying TSP stock funds and all of the L funds were down for the month.
But February looked much better with every TSP fund showing a positive return for the month. In fact, February was the best month for the Thrift Savings Plan stock funds since last November. (Check out the historical monthly TSP returns.)
It was close for the I fund. International stocks have not fared too well so far in the year. This fund was up 0.06% for the month and is still down 5.11% for the year-to-date. This performance is, in part, because of problems in Europe as Greece has been considered to be close to defaulting on its sovereign debt. and Spain reported its seventh straight quarter of a decline in its Gross Domestic Product.
The uncertainty of the economy here and abroad has resulted in considerable volatility in the stock market averages. There were eight triple-digit swing days in the Dow Jones Industrial Average in February.
Here are the results for each of the underlying TSP funds in February: