I understand that, but what if it takes 1,000 years to come back to what it was before the drop?
Steve,
I understand your concern. Please realize, however, that two actions are to be taken, if you wish to grow your TSP.
Ideally, you want to sell before a huge collapse
and
You want to go back into equities before a massive growth in equities.
So, if you sell before a massive growth in equities
(which still may occur over the next 2-3 years according to that article)
and then buy back too soon (while the markets continue to collapse),
both actions will hurt your long term returns.
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Posted by: sarah_oz@yahoo.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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