People are selling their investments off like crazy, so it's safe to ask yourself if there is anything you can do to protect your Thrift Savings Plan (TSP). It is possible to move your funds from the C Fund or S Fund into the much safer G Fund, but is it truly worth it after all the recession-related sell-offs in the last month? I'm not a financial expert, but if I could go back to February 19th, I would have move all my money from the C and S Funds into the G Fund to protect my retirement investments. But because I didn't at the time, I've lost nearly $30,000 as the NASDAQ, S&P500, and Dow took a nose dive into unprecedented losses. So is it too late? The market movers and shakers are creating an incredibly volatile market right now, but it's possible that indexes like the S&P 500 will reset and rebound based on the pending fiscal and economic stimulus bill that is sitting with the Senate right now. If you're still interested in transferr...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)