Thrift Savings Plan expenses rising

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Tdubs
Posts: 420
Joined: Tue Apr 24, 2018 7:50 pm

Re: Thrift Savings Plan expenses rising

Post by Tdubs » Mon Apr 15, 2019 4:37 pm

tea_pirate wrote:
Mon Apr 15, 2019 8:23 am
The only other people at work who seem to care about investing are market timers who use the "signals" from websites like TSP Talk. It's amazing how much money they lose out on compared to buy and hold. Some think they can choose the best performing fund of the year in January. Some think they can buy into the C, S, and I Funds before an upswing then retreat to the G Fund before a downturn and increase their returns. They spend every day at lunch talking about their latest strategies. I'll occasionally get caught in a water cooler chat and they'll ask me how my returns are, which I sometimes know from a quick read of my quarterly and annual statements.
There is a collection of a dozen or so TSP timer groups. Some charge for membership, others don't. I wandered into one for a while. It is fascinating to watch the psychology of a group that obediently jumps when one advisor tells them to.

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