Shows & Panels
Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- American Readiness: Renewable Power and Efficiency Technologies
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal News Radio's National Cyber Security Awareness Month Special Panel Discussion
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- Government Perspectives on Mobility and the Cloud
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mitigating Insider Threats in Virtual & Cloud Environments
- Modern Mission Critical Series
- The New Generation of Database
- Reimagining the Next Generation of Government
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Monday - Friday, 6-9 a.m.
Host Tom Temin brings you the latest news affecting the federal community each weekday morning, featuring interviews with top government executives and contractors. Listen live from 6 to 9 a.m. or download archived interviews below.
Iced: TSP drops slightly as pay freeze looms
Friday - 12/3/2010, 10:31am EST
By Jolie Lee
Federal News Radio
November's Thrift Savings Plan returns were mostly down. The F, I, and all of the L funds saw slight decreases from October.
Arthur Stein, certified financial planner with SPC Financial, told the Federal Drive that federal employees should not let one month's returns drastically change their allocation amounts.
"It is very psychological. Unfortunately, the average investor does react emotionally and they're much more likely to buy something after it's increased in value and sell after it's declined in value. That's just a formula for losing money," Stein said.
Federal employees should determine an appropriate allocation for the TSP funds and then "stick with it unless there is some kind of major change." Stein added, "What happened last month is not major."
The F Fund, generally considered a "safe" investment, had a 0.57 percent drop last month. The fund is tied to the value of bonds. As interest rates increase, the value of the bonds decreases. A fund like this would be risky outside of the TSP, but a lot of the F Fund is backed by government bonds, Stein said.
"I don't really expect the government to default on those," he said.
The only "really safe" investment is the G Fund, which does not fluctuate very much, Stein said.
Despite the nearly across-the-board negative returns, one piece of good news is the C Fund for the first time has a positive return over the last 10 years, Stein said.
As the possibility of a two-year pay freeze looms, Stein recommends that people put more into an emergency fund and investments.
"You might need more investment to make up for slightly less annuity," he said.
Thrift Savings Plan November returns
|Fund||G Fund||F Fund||C Fund||S Fund||I Fund|
|L Funds||L Income||L 2010||L 2020||L 2030||L 2040|