Image: Chaiyapak Mankannan/Shutterstock.com

The TSP started 2020 with a mix of gains and losses in January, with more of the latter than the former.

The international stock I fund dropped 2.73 percent while the small company stock S fund lost 0.62 percent and the large company stock C fund fell 0.04 percent; meanwhile the bond F fund gained 1.91 percent and the government securities G fund rose 0.17 percent.


The January returns for the lifecycle L funds were: Income, 0.01; 2020, -0.02; 2030, -0.45; 2040, -0.59; 2050, -0.71.
Chart here: https://www.fedweek.com/thrift-savings-plan/

January was a down month for the S&P 500 overall, which represents about 80% of U.S. stock market capitalization and is tracked by the C Fund. After a strong market rally from October through December of 2019 (and into the first half of January 2020), things have become quite choppy again during the second half of January with mixed economic data and everyone trying to guess the economic impact of the coronavirus outbreak.
Continue: TSP: Volatility Returns Amid Virus Headlines, Reduced Growth

Here in January 2020, market conditions are not quite as overbought as they were in January 2018, but they are more overbought than any other recent period.
Keep reading: TSP: The Market Pulls Back on Virus Headlines

TSP Investors Handbook, New 7th Edition