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

Let's talk about the top 5 TSP investing strategies and advice from financial legends Dave Ramsey and Warren Buffet. Have you logged into your TSP account lately? What do you invest in your TSP?
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⏰ Table of Contents ⏰
0:00 TSP Funds
2:57 Lifecycle Funds
6:06 Dave Ramsey
8:18 Warren Buffet
10:13 Rule of 120
11:34 My TSP strategy
#FIREPsyChat #FinancialIndependence #tsp
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Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence, or seek the advice of a licensed advisor if necessary.
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[@FIREPsyChat]

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

[@sixmd]

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

[@Hansel551]

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

[@user-lm3bp6gu5p]

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

[@glasshalffull2930]

@@user-lm3bp6gu5p 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]

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]

encouraging to hear! Thx 👍🏽

[@normasouza1086]

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

[@hmj8469]

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

[@shiftomnimega]

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.

[@samdori302]

🔥🔥🔥

[@AB-mx9lx]

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]

What is 80:10:10?

[@AB-mx9lx]

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

[@timflinn9756]

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.

[@rickdunn3883]

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.

[@TheOnlyoneDee]

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]

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

[@hadassah22]

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

[@jsverchio]

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

[@SonyaSunny]

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

[@alrocky]

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

[@hlhl2691]

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

[@FIREPsyChat]

Nice!

[@dnewman308]

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

[@jamiesteiger6140]

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

[@SSgtBigSwole]

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]

Which ones?

[@SSgtBigSwole]

@@FIREPsyChat UOPIX AND BTCFX.

[@SSgtBigSwole]

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

[@FIREPsyChat]

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]

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.