3/1/2023 0 Comments Postal 4 no regret rateWhat’s the best show you’ve streamed recently? I reread the book Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard Thaler and Cass Sunstein-a very interesting and useful book that you can apply to work and personal life. ![]() What’s the best book you’ve read recently? I drive an XPeng P7 Wing edition in China. What’s your favorite mode of transportation? My favorite musicians, like Mayday and Jay Chou, are established but still producing beautiful new songs. Who’s your favorite new emerging musical artist? I have to say it is a very good cardio workout, while you also learn how to fight. My family started taking Thai kickboxing lessons together. What is something you’ve tried for the first time recently? ![]() ![]() Here he divulges some off-duty habits and preferences to Bloomberg TV’s Francine Lacqua, co-anchor of Bloomberg Surveillance and host of Leaders With Lacqua.īlack coffee, lots of reading, and emails. executive, has been vice chairman and president of electric vehicle startup XPeng Inc. Low Annual Salary Increase Offset by TSP’s PerformanceĪ number of FedSmith readers have commented on articles regarding the annual average raise for the General Schedule of 2.7% that goes into effect this month.(Bloomberg Markets) - Hongdi “Brian” Gu, the former JPMorgan Chase & Co. That does not always happen, but long-term investors usually come out ahead.įor federal employees investing in the TSP, this provides them with a much richer retirement after turning in the federal employee identification cards as their TSP investments will provide a greater financial cushion during retirement. Those that held on, and perhaps added to their investments upon hearing bad news, fared very well. No doubt, those who reacted quickly to the latest headlines and panicked by selling their stock investments lost money in the stock market. In the midst of a panic about COVID-19 infections, closing schools, closing stores, mandating vaccines via presidential executive orders, and creating a large workload for the judicial system, and the highest rate of inflation in almost 40 years, the stock market has carried on. Rewarding Patience and Dampening Emotions But, for the year, the Fund provided patient investors with a return of 12.45%-despite the down months. The S Fund dropped more than 5% in November, 4% in September, more than 1.2% in July, down in May less than 1%, and also showed a negative return in March. A drop in the first month of the new year may have scared some investors who may have been thinking 2021 was not going to be a good year for their TSP. The C Fund dropped more than 1% in January 2021. The C and S Funds dropped in November and September. Human nature being what it is, there were undoubtedly some investors who saw their investments go down in some months and sold some of their TSP stock funds in an attempt to avoid any further drops if the market tanked. Investors had a few opportunities to panic during the year. ![]() Ģ021 Was Tumultuous Year-and TSP Returns Rewarded Those With Patience Here are the TSP returns for all of the TSP Funds for December and for all of 2021: Īll TSP returns are available at. TSP Performance for December and 2021 Annual Returns That number is likely to go even higher as of December 31st. Looking at these TSP returns over the last several years, it is easy to see why there were almost 99,000 TSP participants with at least one million dollars in their TSP accounts at the end of October 2021. The L Income Fund, which also includes some stock investments, had a much better return than the G Fund. The L 2050 fund had an excellent return of 16.34% and the L 2045 returns 15.4%.įor more conservative investors, note that the G Fund (often considered the safest TSP Fund) had a return of 1.38% for the year. This means the L 2065, L 2060, and L 2055 provided investors with the best annual returns (19.90%). The Lifecycle (L Funds) with the highest returns were the most aggressive funds as their percentage of stocks in the account is the highest. For those in the TSP who use the L Funds, 2021 was also a very good year for improving your TSP balance.
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