2012 was a banner year for the Thrift Savings Plan. Funds across the board saw marked improvements. Kim Weaver is the Director of External Affairs the Federal Retirement Thrift Investment Board. She told Chris Dorobek on the DorobekINSIDER program that the 2012 returns aren’t something you should wave a stick at. But before we getRead… Read more »
After a very modest two day pullback on Wednesday and Thursday, stocks rebounded on Friday after what appeared to be a weaker than expected jobs report where we actually saw the unemployment rate move back up to 7.9%, and 157,000 jobs being added, which was slightly lower than estimates. But large upward revisions to theRead… Read more »
The market’s relentless move higher continued as new highs were made on the S&P 500 every day last week. Earnings have been generally strong, except for Apple’s disappointment, and imagine the gains we may have seen in the indices if Apple was involved in this rally rather than tumbling and being the worst performing stockRead… Read more »
For the second week in a row, the S&P 500 bottomed out on Wednesday, then closed near the high of the week on Friday. I don’t know what the significance of that might be except that in market timing and technical analysis, we are sometimes just watching out for patterns because they tend to repeatRead… Read more »
Holiday weeks tend to have a positive bias, but what we saw last week was not typical. We saw big gains with nearly 4% returns in each of the TSP stock funds. The question now of course is, what will a post-holiday market look like? Here are the TSP fund returns for the week ofRead… Read more »
Last week was a bit of a rollercoaster ride for the stock market as we saw strong gains early in the week, a big sell-off in the middle of the week, and another rally on Friday. Greece, Spain, economic data, and some bank downgrades helped shape the action. Here are the TSP fund returns forRead… Read more »
Last week started out shaky for the stock market as we saw a sell-off on Monday, which experience a hangover from the jobs report. Despite some nice rallies, the indices struggled to move above the break-even mark through Thursday, but on Friday the bulls took charge and it moved stocks into positive territory for theRead… Read more »
Last week was a holiday shortened week and we went into Friday with just minor losses in the stock market, but as you may have heard, the May jobs report came in well below expectation and stocks sold off sharply. If you missed it, estimates were looking for an increase of 150,000 jobs and weRead… Read more »
Worst week of the year The stock market and the TSP stock funds experienced a precipitous decline last week with barely a notice of any kind of relief rally. The buyers have gone on vacation apparently, while the trouble in Europe dictates the action. Here are the TSP fund returns for the week of MayRead… Read more »
It is extremely rewarding to open peoples eyes to the thrift savings plan millionaire strategy. You might even say it brings great pleasure to have realized there was a way to retire a millionaire at the age of 32. It took me going to college for marketing to then realize there were no jobs toRead… Read more »
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