devaluing the yuan

This topic contains 1 reply, has 2 voices, and was last updated by  TS Paul 3 years, 7 months ago.

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  • #17027

    Ben

    Is China’s devaluation of the yuan just market noise or do you think this is something much more serious for your allocation strategy?

    #17033

    TS Paul
    Keymaster

    I will address the Chinese currency devaluation in some detail in the next update (which I hope to get out this weekend). The short answer is that this obviously wasn’t great for any of the Thrift Savings Plan stock funds (C, S or I) in the short term, but I don’t think this will have a significant impact over the medium term, and is very unlikely to have any long term impact. More this weekend when I get some computer time.

    Thanks for being the one to ask the question – everybody else was thinking it. 😉

    -TS

    The TSP Allocation Guide www.TSPallocation.com

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