TSP only?

[starfox182]

I'm currently able to contribute $450 every 2 weeks into my TSP account. Should I just continue to put 100% of that money into my TSP? (Which I understand for the most part.) Or should I put some of it into stocks or some other fund? (I don't know anything about buying or selling stocks, mutual funds, futures, etc., what website to use or the tax ramifications of doing it all). Thanks again!

 

[Show-me]

Until you learn more I would fund the TSP and think about a Roth IRA. TSP is cheap to operate and easy to manage. It also lowers you taxable income at tax time.

 

[starfox182]

Thanks, I've been reading posts and seeing terms such as EMA, DMA, corrections, trading sideways, supports lines, and technical points. Is there a place that I would be able to locate what these all mean in great detail? For example, charts talk about a 50, 200 and 350 EMA but what does that really mean? (Besides exponential moving average).

 

[James48843]

A good place to learn about charts is http://stockcharts.com

Then click on "chart school" near the top of the page.

You can spend hours and hours learning there. All good stuff.

You soon learn that there are more things tracked than anyone could want. Each type of chart has their own symbols, and things they track. And each of those things have their own meaning and importance, depending on what types of things they are.

It takes time to digest, and sort out what is and what is not something you want to learn to track.

Good luck.

 

[KevinD]

I'm proof that somebody can read and study for years and still not have a clue. Try Investopedia.

http://www.investopedia.com/university/buildingblocks.asp