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July TSP Returns: Lifecycle Investors Looking Good for Past 12 Months

Lifecycle Funds

Probation Officer
U.S. Probation Office
Tue Aug 1, 2006 12:47 PM

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Some of my coworkers recently attended a seminar where a financial planner suggested that they should consider changing from the 2020, 2030 or 2040 fund because of the problems going on internationally due to the fact that those funds are heavily invested overseas. I don't agree with this since the stock market usually goes up after a major event such as war or natural disaster.

Who you gonna ask?

DoD
Employee
Tue Aug 1, 2006 8:03 PM

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The problem with "expert" advice is that it it nothing more than speculation. If you ever watch the business/financial show on the Fox News channel on Saturday mornings, you will find a whole panel of experts who can't agree on anything. One expert's best pick is another's worst. About the only thing a person can do is determine how much risk they wish to take (how much you can afford to lose) and make you investing decisions from there. Sort of like sitting down at the poker table - no matter what your strategy, sometimes you win and sometimes you lose. You just gotta know how much you can afford to lose before you sit down.

Re: Who you gonna ask?

Engineer
FAA
Wed Aug 2, 2006 6:15 AM

I find it easier to watch the Bloomberg report first thing each morning to get the facts of the financial market. That way, rather than speculating on which commentator is correct, I can weigh the data and facts myself against the "goings on of the world" and make my $ decisions.

After a short while, it's suprising how even a novice can begin to spot trends and (more often then not) decide how to shift TSP funds, et al.