TSP Closes Books on 2008, and Not a Minute Too Soon

The TSP’s stock-oriented funds in 2008 posted by far the worst year in the program’s two-decade history, with the international stock I fund losing 42.43 percent, the small company U.S. stock S fund down 38.32 percent and the large company stock C fund down 36.99 percent. The bond F fund gained 5.45 percent for the year and the government securities G fund was up 3.75 percent. The 2008 returns for the lifecycle funds were: income, -5.09; 2010, -10.53; 2020, -22.77; 2030, -27.5; 2040, -31.53.