JTH
Well-known member
Some of you may remember, I took out a TSP loan to pay off some credit card debt. The interest on the debt was higher than the TSP loan rate. Now that my loan is paid off, I crunched the numbers.
In October 2008 I took out the loan and it probably helped protect me from the bear market. I now have 13% more in my account then I had back then. I'd say that worked out rather well.
Edit: I stopped contributing to TSP back when the IFT limits went into effect.
In October 2008 I took out the loan and it probably helped protect me from the bear market. I now have 13% more in my account then I had back then. I'd say that worked out rather well.
Edit: I stopped contributing to TSP back when the IFT limits went into effect.