Where should I start investing to make the most money? I have TSP, and a roth IRA. They do ok, but what will make the most?

if you are clueless, then I suggest you think seriously about hiring a Financial Planner. they will be valuable tools to help you decide where you want to be in a year, five years, ten years and 20 years down the road, and ho wbest to accomplish all of your short term and long term goals.

Higher risk/high reward. Be prepared to lose it all in the process.

On Target- Motto 1/84 FA (LAR)

LetsRockandRoll - nobody cares more about your well being than you do. The best thing you can do is to educate yourself. That probably includes finding a trustworthy financial planner, but you won't be a good judge of his skill unless you have a clue what he's talking about. Unfortunately, there are folks out there that prey on unsuspecting military members (payday lenders, USPA/IRA, and the like).

I write a blog on how I manage my Thrift Savings Plan account at:
I hope this helps!

- Divot


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Divot,
I disagree with your posts about your blog. The TSP and index funds are not meant to be timed like stocks. Over the long haul the index will perform well. The best thing an investor can do in the TSP is dollar cost average the index over time.

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Suggest you also contact "Deleted", he may be more of a service!

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quote:

Originally posted by eriol978:
Divot,
I disagree with your posts about your blog. The TSP and index funds are not meant to be timed like stocks. Over the long haul the index will perform well. The best thing an investor can do in the TSP is dollar cost average the index over time.

Agreed. Decades of research has shown that in the long term, actively managed mutual funds have returned less than the market after expenses and fees are taken into consideration. This tells you that index mutual funds are the way to go. As was stated earlier, if you are not educated enough to make your own financial decisions you need to either hire a FEE based (as opposed to commission based) advisor, or if you have an interest in learning what investing is all about, pick up some books and start reading. The latter will save you money, the former will save you time.

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I think it should be noted that even though a few of you disagree on how to invest in TSP, you should all be commended for planning for your retirement. Agree on that!