TSP funds receive returns at the end of each month and not often do we see almost positive returns on all the funds of the plan. The thrift savings plan (surprisingly so too) saw all but two of its funds see positive returns during the month of November. This was in accordance to the Thrift Investment board of the federal retirees.
The fixed income bonds’ fund did see a slight fall and went down 0.25 percent during the last month. The international stocks also saw a slight decrease of 0.89 percent. This is a bit startling when you consider the latter received a 7.07 percent gain during the month of October.
Positive TSP funds!
The common stocks of the C fund saw a 0.31 percent increase in November and the S fund’s small and mediocrely sized companies also saw a handsome 1.75 percent rise in the last month. This was the best of all the rises in the Thrift savings’ plan’s offerings in the month of November.
The steady G fund of the TSP funds that is concerned with the securities of the government also saw a 0.17 growth in percentage and this is the same as the growth it saw during the month of October. This is a bit surprising because it was expected to see a bit more rise than it ended up seeing.
The lifecycle offerings which allow the investors to make the movements to portfolios that are less risky (As they approach retirement) also saw some excellent returns during the month of November. They also grew during October.
These excellent returns aren’t going to go unaccounted for and are going to mean a lot more registrations in the schemes as well. Here’s hoping that this continues for the months to come too and we get to see these quality rises every month.
