Your Thrift Savings Plan returns have been on a steady climb but the recently the funds have had negative returns.
In June, nine of the ten funds had negative returns.
“It was not a good month for TSP investors,” said Tom Trabucco of the Federal Retirement Thrift Investment Board. But, he added, “Perhaps by adding a little bit perspective, we can brighten your day.”
For the year and for the past 12 months, TSP returns are still “pretty good,” Trabucco said.
And since mid-June the S&P 500 went up 5.7 percent, he said.
“That gives an indication of how quickly this market can move and why it’s important, if you have the stomach for it, to be invested it the stock market because the gains can be significant over short periods of time,” Trabucco said.
Despite the recent negative returns, Trabucco said interfund transfers have not increased.
“Generally we have 4,000 to 12,000 interfund transfers in a day,” he said. “Over the last couple of weeks that’s exactly where it’s been.”