Current market commentary
Our Balanced allocation had completely shifted out of all TSP stock funds in mid-June. Since then, the C, S, and I funds have fallen by 28%, 33%, and 38%. Our Balanced allocation also fell, but by less than 1 percent.
In the current issue, we are continuing to hold 100% in the G Fund for both of our allocations. Even though stocks have gone up a lot over the past few days, they are still too risky, and so we are still staying out of them. We do not try to time the market by picking lows or highs in prices.
Related posts:
- Market commentary
- Number of interfund TSP transfers adjusts to market conditions
- Market conditions unchanged
- “Your market advice is very much appreciated”
- Bonds continue to weaken, stocks still risky
March 3rd, 2009 at 9:59 pm
[...] why I’ve been writing for months on end now that people should get out of the stock funds. But many people are scared. They are [...]