@siesaw23 You should be in the lifecycle fund unless you have a compelling reason for deviating from that. The following are not good reasons...
- "insert fund fund performed really well this insert time period." Past performance does not guarantee future performance, especially when it comes to market returns.
- "I want to be more aggressive", The life cycle funds are very aggressive early on.
"My NCO told me..." Your NCO can barely read and drives a lifted F350 he's been trying to pay down for the last 8 years. Don't take financial advice from your NCO.
admittedly I’ve been hands off on my TSP thus far
Good! You're not supposed to actively manage it! It is literally built to be set and forget.
L2050 fund that hasn’t returned much
Ummm dude you are only 24, you are in the wrong lifecycle fund. 2060 is a much better fit for you.
Hit me with any tips y’all got!
Don't chase performance. Look at the returns of the S&P 500 (C fund) from 2000-2010. It returned almost nothing for an entire decade. Meanwhile international crushed it. You should stay diversified, including internationally and focus on predictable long term returns while you focus on your career/education.
If you want to chase higher risk investments, do it outside of your tax advantaged accounts. That spaces valuable and you don't want to waste it.