A strong market can make investors feel smarter than they really are, and make them forget how much risk they're carrying episode artwork

EPISODE · Aug 3, 2026 · 10 MIN

A strong market can make investors feel smarter than they really are, and make them forget how much risk they're carrying

from The Federal Drive with Terry Gerton

The first half of the year delivered strong returns for many TSP investors. But rising balances can sometimes mask a more important question: how much risk sits underneath those gains? Here with a midyear reality check is certified financial planner Arthur Stein.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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A strong market can make investors feel smarter than they really are, and make them forget how much risk they're carrying

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