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
Monday - Friday, 4-7 p.m.
In Depth with Francis Rose features daily interviews with top government executives and contractors. Listen live from 4 to 7 p.m. or download his archived interviews on our daily show blogs.
Trading can help, hurt your TSP
Monday - 6/6/2011, 7:02pm EDT
Federal News Radio
Fiddling around with your Thrift Savings Plan (TSP) account too much could hurt your wallet.
A study by market research firm Dalbar and reported by the New York Times found that in two decades ending last December, the average stock fund investor realized 3.8 percent in annualized returns. That's compared with more than nine percent for the Standard & Poor's 500 (S&P 500) stock index.
In the TSP, the C Fund is designed to match S&P 500 performance.
"The fundamental problem, as noted in the story, with frequent trading is that very few people can consistently outsmart the market both in when to get out and when to get back in," Tom Trabuco, federal Retirement Thrift Investment Board external affairs director, told Federal News Radio. "The other [problem] is, of course, that there are costs associated with frequent trading, which take away from your investment return."
Another study found that some wealthy investors feel guilty for trading too often, the Times reported. Forty percent of study participants said they practice market timing instead of a buy and hold strategy.
The good news, Trabucco said, is that "60 percent of the wealthy [surveyed] are saying you're better off ... being more conservative."