Frixxxx
Moderator
And if you are over 50, remember, after maxing your contributions, get the "Catch-up" as well..... Welcome to the boards, and as always, Happy Investing!
Frixxxx
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Salutations from AZ
- Thread starter treetopflyer
- Start date
Frixxxx
nasa1974
Moderator
treetopflyer, Welcome. This is a great place to learn. Ask lots of questions. The one thing you should try to do (if you can afford it) is to max out your contributions. This will maximize your investment base. As MrJohnRoss said depending on your risk tolerance, "you may want to consider placing a healthy portion of your funds in equities". You may want to look into the C, S or I funds or even the L funds. Good luck.
treetopflyer
New member
Thanks to all for making me feel so welcome...I've subscribed to may sites on all different aspects of interest and never have I had a welcome like this! A sign of good things to come...too cool.
Welcome aboard Treetop!
I still consider myself a newbie but just wanted to say it will certainly start to "stick", as Tom says.
You may need TSP-ANON in awhile!
This is a huge site with much information. I was told by a fellow TSP'er to check out "investopedia.com" to help with the basics but I can hardly rip myself away from this site to study. Have fun......you will never go away now that you are here.
Bazinga!
(Are you in to ziplining by any chance?)
I still consider myself a newbie but just wanted to say it will certainly start to "stick", as Tom says.
You may need TSP-ANON in awhile!
This is a huge site with much information. I was told by a fellow TSP'er to check out "investopedia.com" to help with the basics but I can hardly rip myself away from this site to study. Have fun......you will never go away now that you are here.
Bazinga!
(Are you in to ziplining by any chance?)
MrJohnRoss
Well-known member
Welcome to the board treetopflyer. Depending on your risk tolerance, you may want to consider placing a healthy portion of your funds in equities. You're losing money sitting in the G Fund, when you account for inflation. With a 10 year time frame until retirement, you should have plenty of time for the ups and downs of the market, and still come out ahead of the G Fund. There's a lot of good information here and elsewhere, so be sure to do your homework. Just like anything else, it takes time and effort to become a skilled investor. Good luck to you.
treetopflyer
New member
Well folks here I go... I've been in TSP for 3 years and solidly in the "G" fund, only debt is a modest mortgage and I have a 1 year + emergency fund. I've never worked with funds before and need to learn how to build a retirement in 10 years (ya, I'm a little late to the game...I waited until I was 8 to get a "birth mark"!) OK, now that the opening joke is out of the way, what are the best categories to search so that I can learn the basics and get familiar with the terminology and their meanings? After that I might be able to follow some strategies and understand trends. Thanks for having me aboard.
