Moving to the "G"
For the record, this morning the dow is at 6570.
Like most folks with a retirement fund, I've watched the value of mine deflate like a tire with a nail in it. A big nail. Since I get paid by Uncle Sam, my retirement savings in in what's called the TSP, the Thrift Savings Plan. You can allocate your savings between different funds. Most funds are different stock-based funds. There is also a bond fund, and the ultimate in slow performers, the "G" fund, or the Government Securities fund. The G never loses money, but it rarely makes any either. 3% is big for the G.
I don't like messing with my TSP account distribution too much, and in fact, have avoided doing so ever since the market started to slide. I prayed about it a bit, but mostly just pondered the issue in my heart. I got up this morning intending to move my money into the "G", but first started reading the word. I popped open my Bible to read, and it ended up opening up here:
- Ezekiel 12:3
- Therefore, thou son of man, prepare thee stuff for removing, and remove by day in their sight; and thou shalt remove from thy place to another place in their sight: it may be they will consider, though they [be] a rebellious house.
So, I marked down where the Dow is at, at the top of this message, and for now have moved my TSP account all into the "G". If the Dow starts going back up over 7000, I'll consider putting it back into the market. I am totally aware of the potential to basically "lock in my losses" with this move, but I do feel it is divinely inspired. This is not me telling people to get out of the market. Nope. I'm just saying I feel I've got God's confirmation on this particular move for me. Time will tell.



There are no comments for this entry.
[Add Comment] [Subscribe to Comments]