Marine in need of advice on TSP investment... PLEASE HELP!

Puckzilla,


  1. I would probably dump the assets into the L2030 fund and let it sit while I study if I were you. That fund has more in the 'G Fund' than I like, but otherwise the allocation is ok for someone who is a bit risk adverse. Then, if you think the market is going to rage put all of it in the L2040 or L2050. If you are ready to bail out completely, and go all Amoeba on us, then panic into the L2020. With those L(ifecycle) funds it is best to be 100% in them - don't split amongst them. They are all scientific or something.
Finally, you are right about the mistake made by long term parking assets in the 'G Fund'. If you are in the growth part of your investment lifetime (and, you are) than sticking your earnings in something like the 'G Fund' IS NOT SAFE. It guarantees and Alpo Meal Deal Retirement. And, I want you to have enough in retirement so I can eat your lunch, drink your milk, and shake the change out of your pockets without is causing you too many problems. Yuk, yuk. Someone has to sell you that second backup Winnebago, eh.:D

Hi Boghie...thank you. That is what I think I am going to do for now...invest in the Lifecycle funds and let it perculate while I do more research. I was thinking about just going ahead and dumping it into the 2040, though. I think I am ok with that. I really appreciate the advice you and others have freely given me...thank you! I think I am going to move over to the Retirement portion of the Message Board now and read up on some things there.....:) By the way, I am within about $150 of the money I had before the election....
 
Back
Top