Ah, the allure of the G fund. A popular fund that is invested in treasury securities, and traditionally one of the safest investments available, the G fund is guaranteed by the federal government. Barring the total collapse of the United States government, the government pays the interest. The “safety” and backing of Uncle Sam earmarks this fund as a very attractive option for those investing in the Thrift Savings Plan (TSP). The largest defined contribution plan in the world, the TSP is a tax-deferred savings and investment plan for federal employees. It has over six million participants, totaling over 770 billion dollars spread among its 15 funds (including the Lifecycle funds, a diversified mix of other TSP funds). Roughly 260 billion dollars—a sizable 33 percent—is in the Government Securities Investment Fund, or G fund, alone. ...
Source: https://www.theepochtimes.com/the-untol ... 16200.html
The Untold Risk of the ‘Risk-Free’ G Fund
-
claireokc
- Posts: 10510
- Joined: Wed Dec 01, 2021 11:40 pm
- Location: Deep in the Heart of Soonerland
- Has thanked: 2 times
- Contact:
The Untold Risk of the ‘Risk-Free’ G Fund
"America needs a brushfire, a moral and spiritual brushfire. And brushfires burn from the bottom up." ~ Bob Woodson