Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- Improving Healthcare Outcomes through IT Policy
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
Shows & Panels
Long-term tips for your Thrift Savings Plan
Monday - 11/29/2010, 4:11pm EST
Murray "realized that the best way to do it is to invest in index funds, diversify and invest for the long haul," said Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board, in an interview with the DorobekINSIDER.
In other words, Murray promotes the kind of "passive" investment that is the Thrift Savings Plan, Trabucco said.
When markets shift dramatically, people have the urge to take out their money. However, people "must fight this urge," Trabucco said.
He added that the best thing to do for your investment is to "contribute periodically, regardless where the market is."
People who want to invest in a less risky fund can at anytime transfer to the G Fund, Trabucco said.
"You can always seek safety as many times as you want if you want to move small amounts, but you are restricted to two interfund transfers into the risky funds each month," Trabucco said. "That should be plenty. Compared to other plans, it's actually quite generous."