So I am a newbie and know little about trends or even how to navigate my way around this web site but I have had a militray TSP account for eight years. I have not folowed it much but last October I started tracking it monthly to see my gain and LOSSES. I originally started out pretty conservative with 60%C and the rest spread even. I found this site after I got a February monthly statement from TSP showing me with a nice 28% loss for Feb 08 to Feb 09. In June I decided to get more involved so I went with 30% C and 10% S and 60% I. A couple of months ago I went ahead and put 100% in I and with those transactions my statement had me up 6%. I still don't know where I am going with my investments so I am looking for a little help. My current situation is: I have 17 years in and I can retire in three if I want to. We have no bills except a house. I have started savings for my kids who are both under four. My wife also has a TSP that is very conservative and she just does not even check on it. We both had a mutual funds account and individual IRA's that are doing o.k. I can say that we invest over 30% of our income a month. I don't know what everyone else does but we can afford this and we are comfortable with it. So anyone care to help a newbie out.
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Hiker777 account talk
- Thread starter hiker777
- Start date
As for helping you out, I'd start with Tom's blogs and just ease into it. 
poolman
Top Return 2008
Welcome to the MB Hiker777 ! 
It sounds like you are doing pretty good. It is also good that you are taking control of your money/Investments.
Try to stay in tune with the Economy and take notice of what you see around you and what is going on.
This is a Great site and the more you navigate it You will become more comfortable.
Good to have you.
It sounds like you are doing pretty good. It is also good that you are taking control of your money/Investments.
Try to stay in tune with the Economy and take notice of what you see around you and what is going on.
This is a Great site and the more you navigate it You will become more comfortable.
Good to have you.
Frixxxx
Moderator
Welcome Hiker!
I think the best way to go is having the most control over your money as possible.
So, Stay out of TSP....:laugh:
Really tho'~ invest in items that will get you the most return. Set goals and set limits. I know there are 509s out there for your kids......Use them if you can get a good return.
I have met my return goals the last 5 years and most of the times exceeded them-mainly because of this message board!
Stay focused, stay true, and as a guy (you'll meet him) on here might tell you-STAY IN!!!
Your choice.
Watch the chart talk and fund talk...and watch the tracker for movement decisions.
Frixxxx
I think the best way to go is having the most control over your money as possible.
So, Stay out of TSP....:laugh:
Really tho'~ invest in items that will get you the most return. Set goals and set limits. I know there are 509s out there for your kids......Use them if you can get a good return.
I have met my return goals the last 5 years and most of the times exceeded them-mainly because of this message board!
Stay focused, stay true, and as a guy (you'll meet him) on here might tell you-STAY IN!!!
Your choice.
Watch the chart talk and fund talk...and watch the tracker for movement decisions.
Frixxxx
