I actually don’t day trade and invest in individual stocks for the long term. I retired from the military at 47 yo. Started investing as soon as I started earning real money. My NW is over $17M mostly from my investments. So no, I don’t slave away at my govt job but live a great retired life. By the way, I’m very familiar with Renaissance Technologies. |
Even with all that money you are too stupid to realize this thread is not for you. Military… why am I not surprised |
Mmhmm sure. Getting your creative writing practice in today I see. |
Whatever you say that makes you feel better. By the way, a huge chunk of it is in Roths and Roth TSP so Uncle Sam isn’t getting a dime when/if I start withdrawing when I turn 59 1/2. Investing isn’t hard you just need to be patient, disciplined, and conduct extensive due diligence. There’s a ton of free info on the internet. No need to hire a financial advisor (who never has your best interests in mind) unless you’re lazy. |
What do you have against members of the military PP? |
| The homepage says 11.5%, my TSP app says 14%...not sure why the difference. |
+1 Either really lucky or a liar
|
|
I have a bunch in I fund and moved out of C fund in January.
I also have a bunch of BTCFX in the TSP MFW. I am going to move that into SGGDX for gold exposure as inflation and tariff related effects snowball into a huge recession. Then when the market is low enough, I’ll take my MFW gold mutual fund and move it into VTIAX. If you can’t see the inflation coming, I don’t know what to say. |
I don't think you know what TSP is. |
Could you please lay out it for me? I hear there is this thing called G fund. I’m sure you’re in it 100%. Please educate me. |
| 10.55% |
| I have moved a quarter of my tsp (in the MFW) into FSAGX. This is a gold mutual fund with low fees. Once recession hits I will buy cheap stocks. Ray Dalio, and others are seeing what’s going on and noting that many investors are moving to defensive safe havens like gold or commodities for the near term. |
| Even Money forum is not safe from trolls. |
Awww, you’re not comfortable talking about a recession caused by tariffs, fudged employment numbers and loss of fed independence among other developments? |
|
in my 50s. i'm up about $100k from my dec 31 balance, but of course that includes ongoing contributions. about 10% is sitting in G for now.
and i recently got a 50k personal cash influx that i have to decide whether to stick in the market or hold on to as cash reserves in the event my agency does more downsizing... |