Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- Mission-critical Apps in the Cloud
- Mobile Device Management
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- Understanding the Intersection of Customer Service and Security in the Cloud
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."