TSP stock funds were up in November. One fund is now up more than 14% for the year. Bond yields are also up. Here is why the market jumped and a big investing advantage for federal employees seeking to preserve their money if inflation recurs with faster economic growth.
Does the stock market predict the results of a presidential election? The TSP stock funds were down in October.
The earlier you start saving for retirement, the better off you will be financially when you finally get there. Here are some tips for younger federal employees to help them build a stronger financial base for the future.
The Thrift Savings Plan will most likely be the largest income producing asset that you own when you reach retirement. However, the author points out that there are some big mistakes you can make with your TSP account, and many federal employees make them without even realizing it.