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Why Invest in Risky TSP Stock Funds? To Make More Money

TSP

Management Information Specialist
PBGC
Tue Dec 16, 2008 12:33 PM

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I am a single woman that have been working in the federal government for over 13 years. Now that I have been making more money in the last year, I have been able to input 15% of my salary into my TSP, but in less than three months I have seen my TSP drop down over $25,000.00 in the I fund because of the market. I have been so busy working on several projects at work that I did not notice that I had lost that much money until the TSP quartely report came to my house. Last year I had over $100,000 in my TSP account but as of today I have less than $ 45,000.00 in my TSP account. This makes me very angry because I can't watch the market everyday on tv; but I do have a suggestion to the TSP. They need to give the FERS people the option to receivd an e-mail on the daily changes to the different Funds because we are in a world of changes. If I had an e-mail reminder like this then I would moved my money earlier. Being a FERS and not a CERS has hurt me because I don't understand the market.

Re: TSP

editor
FedSmith.com
Tue Dec 16, 2008 2:21 PM

We send out the latest changes to the TSP each daily in the FedSmith newsletter as well as post the latest updates to each TSP fund by month. We also cover the changes to the TSP funds in the past month at the beginning of each month. You can also sign up to use the TSP portfolio tracker to track the daily value of your account automatically and it is also a free service.

In effect, the service you are asking for is already available to you at no cost.

barclays

worker
usg
Sat Jun 6, 2009 9:42 PM