Hello everyone. My name is Reuben. I am a 24 year old Fed employee. I contribute 10% to my TSP account. I have been tracking on other websites. I just recently found this site and I like the graphing capabilities. I was invested in the C, S, and I fund. Yesterday I made an interfund transfer and went 25% G and 75% F. The market is spooking me.
Hopefully this site will add to my knowledge of the market and allow me to better invest in my TSP. Any pointers for a young guy like me??
RZ
New to site
Moderator: Aitrus
Hi Reuben.
Welcome to TSP Center. I think you're on the right track if you're saving 10% of your salary and interested in your retirement account at age 24. You'd be surprised at the amount of people who don't start saving at that age...
While I'm very intested in market timing, I've had mixed results with it. I'm still not convinced of a market timing system that has proven results for the long haul. But there are some members doing very well in our Leader Board this year.
Good luck in this crazy market!
Welcome to TSP Center. I think you're on the right track if you're saving 10% of your salary and interested in your retirement account at age 24. You'd be surprised at the amount of people who don't start saving at that age...
While I'm very intested in market timing, I've had mixed results with it. I'm still not convinced of a market timing system that has proven results for the long haul. But there are some members doing very well in our Leader Board this year.
Good luck in this crazy market!
TSPking
It's a gift...and a curse ~ Adrian Monk
It's a gift...and a curse ~ Adrian Monk
WELCOME TO TSP CTR
AT AGE 24, YOU DON'T HAVE TO FRET TO MUCH ABOUT DECLINING MARKETS. IT MAKES GGOD SENSE TO PROTECT YOUR INVESTMENT BY ALLOCATING YOUR SHARES TO THE F AND G FUNDS, BUT LIKEWISE, DON'T MISS OUT ON A BUYING OPPORTUNITY. YOUR CONTRIBUTIONS (65% IN MY ESTIMATE) SHOULD BE FOCUSED ON THE C-S AND I FUNDS (BUY THEM WHILE THEIR CHEAP KID). 
Thanks
Thanks for the comments everyone.
I have been in C, S, and I funds since I was hired on in 2004. I am definitely not a day trader plus we do not have that ability in our TSP anymore anyway. Although, I have to take an interest in my TSP because there is a huge difference between 5% and 10% return.
Using the calculator on this site, contributing 10% with expecting 2.5% increase in salary at age 57 when I'm eligible to retire I would have $903,883 with a 5% return. Same scenario but with 10% return my balance would be $2,606,496
The 10 year compound return for the C fund listed on the Official TSP website is 5.88%. Just looking at their chart the annual return range is -22% to +28%. If I can educate myself enough to know when the market corrections will be I'll be in great shape! Hopefully, haha
Live for today and plan for tomorrow!! I look forward to learning all I can from the more experienced investors.
Reub
I have been in C, S, and I funds since I was hired on in 2004. I am definitely not a day trader plus we do not have that ability in our TSP anymore anyway. Although, I have to take an interest in my TSP because there is a huge difference between 5% and 10% return.
Using the calculator on this site, contributing 10% with expecting 2.5% increase in salary at age 57 when I'm eligible to retire I would have $903,883 with a 5% return. Same scenario but with 10% return my balance would be $2,606,496
The 10 year compound return for the C fund listed on the Official TSP website is 5.88%. Just looking at their chart the annual return range is -22% to +28%. If I can educate myself enough to know when the market corrections will be I'll be in great shape! Hopefully, haha
Live for today and plan for tomorrow!! I look forward to learning all I can from the more experienced investors.
Reub
Fund Prices2024-04-17
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.25% |
| F | $18.68 | 0.50% | -2.85% |
| C | $78.62 | -0.58% | 5.72% |
| S | $76.27 | -0.89% | -1.07% |
| I | $40.66 | -0.17% | 1.19% |
| L2065 | $15.60 | -0.47% | 3.17% |
| L2060 | $15.60 | -0.47% | 3.18% |
| L2055 | $15.60 | -0.47% | 3.18% |
| L2050 | $31.39 | -0.35% | 2.57% |
| L2045 | $14.34 | -0.33% | 2.47% |
| L2040 | $52.43 | -0.31% | 2.41% |
| L2035 | $13.87 | -0.28% | 2.31% |
| L2030 | $46.25 | -0.25% | 2.24% |
| L2025 | $12.93 | -0.12% | 1.78% |
| Linc | $25.29 | -0.09% | 1.55% |