S Fund

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Q. The Dow Jones was down on Sept. 30 by 128.57 points, yet the S Fund only decreased from 31.0512 to 31.0038. Why such a small drop in S Fund? I called the Thrift Savings Plan and no good answers.

A. Because the S Fund isn’t the Dow Jones Industrial Average. Different markets often do different things at the same time.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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