The Newbie Creed: "No longer will I buy and hold!"

[Kimmy]

I joined this board in part because of the "friends don't let friends buy and hold" motto. I am very good at saving but I have been just letting my money sit and sometimes move it around like moving peas around on your dinner plate.. LOL. I am very excited to gain information here. You guys made me realize that I was not educationed about my TSP at all. So I read yesterday that I can do transfers twice a month and got some understanding on the Roth and other information. I never took time to look into it. Thanks so much.

 

[eccougar]

Welcome Kimmy, there is a lot of great information on this board. Get familiar with members account threads and the tracker.

 

[nnuut]

Welcome to the Message Board Kimmy, much information here just read and read some more. Our members are very helpful just ask.
Best of luck,
Norman

 

[Scout333]

"A simple man believes anything, but a prudent man gives thought to his steps. Proverbs 14:15"

Words to live by!

 

[wavecoder]

Welcome!

Well, buy and hold can work if you're in a strong bull market

 

[tsptalk]

Welcome Kimmy! Thanks for joining us.

 

[nasa1974]

Kimmy, welcome to TSPtalk. This is a great place to learn. Just remember, don't let anyone tell you what to do with your account. Use the information you have gained and make the right decision for yourself. Sometimes we get it right and sometimes we don't. Good luck.

 

[MrJohnRoss]

I joined this board in part because of the "friends don't let friends buy and hold" motto. I am very good at saving but I have been just letting my money sit and sometimes move it around like moving peas around on your dinner plate.. LOL. I am very excited to gain information here. You guys made me realize that I was not educationed about my TSP at all. So I read yesterday that I can do transfers twice a month and got some understanding on the Roth and other information. I never took time to look into it. Thanks so much.

Kimmy,

Welcome! This is a good place to learn about how to invest in your TSP. There are lots of opinions here, but I think you'll find plenty of good food for thought.

Just remember, everyone's situation is different, so take your time to decide if you want to implement any ideas you read here.

Wishing you much success,

John