#rbi #manageyourtsp #reallocatefunds To reallocate funds tactically is to maintain a balanced approach. If the market surges and one of your investments is suddenly doing well, do you ditch your other investments and throw everything you have in that one basket? This generally is not a wise plan for long-term growth. The principle of “buy low, sell high” is a good rule for managing your investments. Retirement Benefits Institute has trained thousands of federal employees as they make plans for federal retirement. For more information about your federal retirement benefits, go to our website at to get support. The information contained in this video should not be used in any actual transaction without the advice and guidance of a tax or financial professional who is familiar with all the relevant facts. The information contained here is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters. RBI is not a broker-dealer, investment advisory firm, insurance company, or agency and does not provide investment or insurance-related advice or recommendations. Brandon Christy, President of RBI, is also president of Christy Capital Management, Inc. (CCM), a registered investment advisor....(read more)
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The Thrift Savings Plan (TSP), is a retirement savings plan for federal employees in the United States. Like many other retirement accounts, TSP accounts have different investment options. These options include government securities, corporate bonds, and stocks. It is important to manage your TSP account effectively by periodically reallocating funds to achieve your retirement goals. One strategy is to approach TSP fund reallocation tactically. Tactical reallocation is about setting up your TSP contributions and allocation based on the market conditions. To tactically reallocate your TSP funds, consider trends in the market, the economic climate, and any political events that may impact the market. With this information, you can move your contributions to the funds that are likely to perform well in the current environment. One tactical strategy that you can use is dollar-cost averaging (DCA). DCA is a strategy where you make regular contributions to your TSP account, regardless of market conditions. During times of market volatility, you can benefit from DCA by buying more shares when prices are low and fewer shares when prices are high. Another tactic is to use rebalancing. Rebalancing involves adjusting your TSP account allocation to maintain the desired asset allocation. The objective is to ensure that your portfolio is in line with your goals and objectives. Regular rebalancing is critical because it ensures that your investments remain diversified and spread across multiple asset classes. It is also crucial to understand the risk level of each TSP fund and how it fits into your own personal risk tolerance level. This knowledge will help you decide when to tactically reallocate your TSP funds. For example, suppose you are getting closer to retirement and have a balanced risk tolerance. In that case, you may decide to move more of your TSP contributions into the G Fund, which is less risky. In conclusion, managing your TSP account involves several key components, such as understanding your risk tolerance level, setting goals, and tactical reallocation. As with any investment strategy, there is no one-size-fits-all approach. However, by leveraging tactical approaches such as dollar-cost averaging and rebalancing, you can help ensure that your TSP contributions are well-positioned to achieve your retirement goals. https://inflationprotection.org/tactical-fund-reallocation-for-efficient-tsp-management/?feed_id=98701&_unique_id=6465b7b1ef082 #Inflation #Retirement #GoldIRA #Wealth #Investing #BrandonChristy #federalbenefitstraining #federalretirement #federalretirementtraining #fersplanning #fersretirement #FERStraining #RBI #RetirementBenefitsInstitute #retirementplanning #ThriftSavingsPlan #BrandonChristy #federalbenefitstraining #federalretirement #federalretirementtraining #fersplanning #fersretirement #FERStraining #RBI #RetirementBenefitsInstitute #retirementplanning
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