C Fund Skyrockets in October
The TSP’s C Fund had a positive return in October of more than 8%–the best return since the height of the bull market way back in 2000.
The TSP’s C Fund had a positive return in October of more than 8%–the best return since the height of the bull market way back in 2000.
With the C Fund down more than 20% in the past twelve months, fund investors are looking for a respite. They may get one in October if the stock trend continues for the last several days of October.
The Federal Retirement Thrift Investment Board says that problems with the new system prevent it from implementing a new record keeping system
C Fund Loses about 11% in September
The S&P Index results are now available for the past month and the past quarter. The C Fund is based on this index so readers can get a close idea of how their fund is doing now.
TSP investors are changing how they invest their retirement funds in this bear market. Many are also changing their retirement plans.
The C Fund is down about 18% for the past twelve months but turned positive for August 2002.
Investors usually flee stock funds at the end of stock market declines, just in time to lose out on the next round of gains.
Should you invest in stocks? Yes, but be careful. The C Fund is a good long term investment and you may have short term interests.