Top 5 TSP Investing Strategies | Dave Ramsey & Warren Buffet's Advice

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  • Опубліковано 19 гру 2024

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  • @FIREPsyChat
    @FIREPsyChat  2 роки тому

    What's your investment strategy in 2022? Get your free financial independence resources at www.firepsychat.com/contact.

  • @sixmd
    @sixmd 10 місяців тому +33

    Im 52 AND ALWAYS INVESTED IN the C fund I hit 1.5 mil this year. C fund is a no brainer

    • @Hansel551
      @Hansel551 10 місяців тому +2

      You have to do a gut check when the markets are down, but recoveries are great in the C fund.

    • @RoBFDiY
      @RoBFDiY 10 місяців тому +5

      That great!!Can I ask how long you have been in C and what %

    • @glasshalffull2930
      @glasshalffull2930 8 місяців тому

      @@RoBFDiY Since he didn’t answer, I’ve been 100% in the C Fund since about 1990 and just hit $3.3 million. That balance is with no contributions since 2015 when I retired and taking out $54K/ yr the last five years. I had a retirement gig with a few contracts a year and $200K in cash and so I figured I could ride out any downturn. This is why I stayed in the C fund. Some advisers call it the land of ‘Critical Mass’

    • @glasshalffull2930
      @glasshalffull2930 7 місяців тому +9

      I’ve been 100% in C Fund since about 1990. The big market downturns were certainly upsetting, but the market has always come back.

    • @sheritaa3032
      @sheritaa3032 6 місяців тому

      encouraging to hear! Thx 👍🏽

  • @AB-mx9lx
    @AB-mx9lx Рік тому +3

    I was totally new in the Federal Service with no idea about retirement, I did the 80%-10-10 Dave Rampseys, it was the best decision....

    • @pamelar.edwards2617
      @pamelar.edwards2617 7 місяців тому +1

      What is 80:10:10?

    • @AB-mx9lx
      @AB-mx9lx 7 місяців тому

      @@pamelar.edwards2617 80% in C- Fund...10% S-Fund...10% I-Fund...
      C (S&P 500)..S(Dow Jones)...I(Foreign Markets)...

  • @normasouza1086
    @normasouza1086 Рік тому +2

    Would you recommend holding the course with 80:10:10 for people over 50? Got 7 years to go

  • @shiftomnimega
    @shiftomnimega Рік тому +2

    The Board has raised the expense ratios since this video came out. That makes prioritizing an HSA and IRA before going beyond the employee match in tsp more important. It also makes tsp less viable to hold onto once one is actually retired.

  • @TheOnlyoneDee
    @TheOnlyoneDee 9 місяців тому

    Thank you. I’m active duty been in 6 years with on $6 in my account, I had no clue on how to invest my portfolio, this video is so informative!!!

    • @alrocky
      @alrocky 6 місяців тому

      If you're in BRS and contribute 5% of income you will receive 5% TSP match essentially doubling your TSP balance.

  • @rickdunn3883
    @rickdunn3883 Рік тому +4

    Why not invest 75% in the C fund and 25% in S fund for your equities amount? This would mimic the Total U.S. Stock market and doing that will outperform 80% of professional advisors over long periods. It also provides diversification within the equity class. For the Fixed income amount: consider: 90% F fund and 10% G Fund. Stay the Course-rebalance. Do not SELL when the market drops.

  • @SP81dt225
    @SP81dt225 Рік тому +4

    You can withdraw money from your TSP or company 401k if you are over 55 and retired without a penalty. If you are not retired you have to wait until you are 59 1/2.

  • @dsuarez1213
    @dsuarez1213 17 днів тому

    Unless someone is over 55, C fund should be at least 50% of every TSP account holder's portfolio. I have something like 8-10% I fund, about 20% S fund...but nothing beats the C fund!

  • @jeffreyblanton9877
    @jeffreyblanton9877 3 місяці тому

    If I had it to do all over I would do 90% C 10% S or 80% C 20% S. I’ve been doing 80% C 10% S 10% I. I funds gave not done so well at least not in the TSP compared to the C and S. In the market that I believe we are headed into it might be just as well to do 100% C and forget about it especially if you are young investor. I’m at the point now where I’m going to need to start pulling some over to G funds to create a cash bucket for my upcoming retirement. I’m think in retirement of doing 80% C and 20% G. I know this sounds crazy but with a pension along with TSP it seems to make sense to me.

  • @jamiesteiger6140
    @jamiesteiger6140 Рік тому +1

    Look up the rule of 55. If you left service, you can withdraw at 55.

  • @hmj8469
    @hmj8469 Рік тому

    Any advice on tax friendly strategies when you retire and want to parlay the tsp into income generating investments?

  • @hadassah22
    @hadassah22 11 місяців тому

    I have 75% in C fund, and 15% in S and I fund.

  • @hlhl2691
    @hlhl2691 2 роки тому

    In doing 45% C fund, 45% S fund and 10% I fund.

  • @SonyaSunny
    @SonyaSunny Рік тому

    My daughters TSP only has A, B, C, D funds. What do the refer to?

    • @alrocky
      @alrocky Рік тому +1

      TSP has C S I F G and Life Cycle Funds which are comprised of first 5.

  • @jsverchio
    @jsverchio Рік тому

    I'm at 40%C, 40%S, and 20%G

  • @liennatsan4328
    @liennatsan4328 13 днів тому

    I hit$1M at 20 years service

  • @Indyman4288
    @Indyman4288 3 місяці тому

    If I turn 60 in 2048 should I be in L-2045 or L-2050?

    • @cheech6656
      @cheech6656 3 місяці тому

      @@Indyman4288 2050

  • @samdori302
    @samdori302 2 роки тому

    🔥🔥🔥

  • @SSgtBigSwole
    @SSgtBigSwole 2 роки тому +1

    I’ve been telling all of my coworkers for years that 50% C and S is your best strategy until you turn 50. Then reevaluate and adjust accordingly. Now that we have the mutual fund window i have found a couple of mutual funds that im investing in for the longterm and will greatly outperform the C and S.

    • @FIREPsyChat
      @FIREPsyChat  2 роки тому

      Which ones?

    • @SSgtBigSwole
      @SSgtBigSwole 2 роки тому

      @@FIREPsyChat UOPIX AND BTCFX.

    • @SSgtBigSwole
      @SSgtBigSwole 2 роки тому

      @@FIREPsyChat Did you check them out? Any thoughts?

    • @FIREPsyChat
      @FIREPsyChat  2 роки тому

      I did but the expense ratios and fees just don’t make sense to me. I’d love to know how those funds perform by the end of the year though

    • @glasshalffull2930
      @glasshalffull2930 8 місяців тому +1

      If I had taken your advice years ago (10 to be exact) I would have about $200K less in my TSP. People, stick with the C Fund and stop trying to time the market trends.

  • @dnewman308
    @dnewman308 Рік тому +1

    4-30-23 Heard from others they are not even seeing the fees is this true