dukedaddie
First Allocation
- Reaction score
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Wow this is a new world to me. Investing in the future.. huh . .im 31 and this is the first thought my family has given to this concept. I am putting the 5% from each check into the TSP. I like how it gets match from the agency and fell this may be a good program. I have soak in enough information on this whole "stock market thing" to make anyones head explode, . . let alone a dad w/ a 2 yr old little girl and a two family income. I know there are alot of you that have ALOT invested with the TSP program. I did not know what an index was 1 month ago and know a fell i can spit the wallstreet lingo w/ any small time investor.
I like the TSP but i am also looking at investing in other aspects of the market, Is this a good time for a youngster to start? Seems like a "bear" market. I will not have that much money ($500-$2,000) and wonder if i should just keep this in a shoe box under my bed until I get more $ . . .lol .. or is there some high risk/ high profit investments a young guy like me could try out. The internet seems like it has opened up the secrets of wallstreet for all of mainstreet to view. I am very interested in this whole process (global economy) and have committed HOURS to reading books/ forums/ charts/ web sites/ and wall street journals in the last couple months, something a
inner city boy like myself, never thought he would be doing.
I would also like to use the TSP tracker and compete with you guys/girls for weekly/monthly/yearly % competitions and keep better track of my own funds. I really like the I fund but don't know enough to say that with too much confidence.
To the founders of this site and the ones who run and maintain its daily existence , ., , CONGRATS it seems to be successful. .and THANK YOU . .from a new member that will try to catch up w/ the 10 million post that have happen in the few years. Thanks, Newbie Dukedaddie
P.S. (Duke is my last name, for all of you that hate the blue devils . .please no hate mail on Coach K . .lol
)
I like the TSP but i am also looking at investing in other aspects of the market, Is this a good time for a youngster to start? Seems like a "bear" market. I will not have that much money ($500-$2,000) and wonder if i should just keep this in a shoe box under my bed until I get more $ . . .lol .. or is there some high risk/ high profit investments a young guy like me could try out. The internet seems like it has opened up the secrets of wallstreet for all of mainstreet to view. I am very interested in this whole process (global economy) and have committed HOURS to reading books/ forums/ charts/ web sites/ and wall street journals in the last couple months, something a
inner city boy like myself, never thought he would be doing. I would also like to use the TSP tracker and compete with you guys/girls for weekly/monthly/yearly % competitions and keep better track of my own funds. I really like the I fund but don't know enough to say that with too much confidence.
To the founders of this site and the ones who run and maintain its daily existence , ., , CONGRATS it seems to be successful. .and THANK YOU . .from a new member that will try to catch up w/ the 10 million post that have happen in the few years. Thanks, Newbie Dukedaddie
P.S. (Duke is my last name, for all of you that hate the blue devils . .please no hate mail on Coach K . .lol
)
I would load it up with all I could afford!!
