maui21ice's FantasyTSP Account
Moderator: Aitrus
Re: maui21ice's FantasyTSP Account
No update from me since New Years. Sheesh.
Been riding the 80-10-10 train (C, S, I) for the last couple months and doing pretty good. Been focusing on my Roth IRA moreso, and leaving my TSP in the market through ups and downs since it's gonna be a long ride. Got the idea from Dave Ramsay and his money strategies. I know many people have mixed emotions about him, but giving it a ride and keeping an eye on things.
Been riding the 80-10-10 train (C, S, I) for the last couple months and doing pretty good. Been focusing on my Roth IRA moreso, and leaving my TSP in the market through ups and downs since it's gonna be a long ride. Got the idea from Dave Ramsay and his money strategies. I know many people have mixed emotions about him, but giving it a ride and keeping an eye on things.
Re: maui21ice's FantasyTSP Account
You are doing great. What are you doing with your Roth?
Re: maui21ice's FantasyTSP Account
evilanne wrote:You are doing great. What are you doing with your Roth?
As of right now I've only been funding it for about 3 years, so I'm 100% in a Growth Fund through USAA. When I add a bit more, possibly end of next year I'll throw half into an Aggressive Fund (I'm only 30 years old). Then the plan is to wait one more year and toss another $3000 into a Growth & Income Fund, then following year $3000 into an international Fund.
So all-in-all, It's going to be a 3 year process where eventually I want my Roth IRA money spread over the 4 following funds:
Growth
Aggressive Growth
Growth & Income
International
After I get all 4 funds set up, I'll just contribute 25% of my yearly contributions to each those 4 and let it ride out until retirement. I know the market will take hits in some years, but know it will also go back up following those plummets.
Still pretty new to the IRA game, so experimenting a bit. Know it's a marathon though, not a sprint.
Re: maui21ice's FantasyTSP Account
I'd be stupid to watch the max exodus from stocks to bonds and all the F-Fund moves by the higher ups on here and not take action. I went 100% F-fund on December 30th just in time for the new year and keep all my IFT's for January. Hoping the stocks dip down a bunch so I can make some sweet sweet gains and possibly buy back low after Valentine's Day. <3
Re: maui21ice's FantasyTSP Account
Haven't had the greatest of luck starting my TSP career, but as I was browsing my recent moves and yearly progression, I noticed my last 12 months has netted me 24.16% on my TSP on here and real life (I mimic them). Kind of like a self-gratified accomplishment, hoping I can keep the trend going, good and bad years.
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Re: maui21ice's FantasyTSP Account
Greetings maui21ice
Kudos on the 24.16% in the TSP AND in the market, I take it that Dave Ramsay advocates a let it ride through the ups and downs in the market. I think that is probably what one has to do in the TSP to achieve higher rates of return since we were reduced from 4 IFT's to 2.
I did want to give you some food for thought on your outside investing though. I like your choice of investing in mutual funds. When I started researching places outside of TSP that could duplicate how it worked but had more IFT's I came across ProFunds. Just like USAA they have a large assortment of mutual funds that provide diversity in one instrument but I noticed three differences between places like USAA and ProFunds: no fees (except $15 yearly maint.), inverse funds and leveraged funds. The fact that I could track just one or two funds that mirrored the C(S&P 500) or I(EFA) fund in the TSP was great but I also wasn't subject to losing money when the market went down now(once I figured out I had to wait a bit in a money market until the trend switched the opposite way of what I was invested in). Then I figured out that leveraged funds weren't so scary since they perform the same as the regular index (i.e, S&P 500 or EFA) but multiplied by 1, 1.5 or 2. Armed with those advantages I see you consistently getting +50% returns in less than a decade and retiring early if you so choose. Live long and prosper
Kudos on the 24.16% in the TSP AND in the market, I take it that Dave Ramsay advocates a let it ride through the ups and downs in the market. I think that is probably what one has to do in the TSP to achieve higher rates of return since we were reduced from 4 IFT's to 2.
I did want to give you some food for thought on your outside investing though. I like your choice of investing in mutual funds. When I started researching places outside of TSP that could duplicate how it worked but had more IFT's I came across ProFunds. Just like USAA they have a large assortment of mutual funds that provide diversity in one instrument but I noticed three differences between places like USAA and ProFunds: no fees (except $15 yearly maint.), inverse funds and leveraged funds. The fact that I could track just one or two funds that mirrored the C(S&P 500) or I(EFA) fund in the TSP was great but I also wasn't subject to losing money when the market went down now(once I figured out I had to wait a bit in a money market until the trend switched the opposite way of what I was invested in). Then I figured out that leveraged funds weren't so scary since they perform the same as the regular index (i.e, S&P 500 or EFA) but multiplied by 1, 1.5 or 2. Armed with those advantages I see you consistently getting +50% returns in less than a decade and retiring early if you so choose. Live long and prosper
Re: maui21ice's FantasyTSP Account
TSPBuilder wrote:I did want to give you some food for thought on your outside investing though.
That actually is a big help that leads me into wanting to research other companies to go through for my Roth IRA. Like I said, I have mine through USAA, but I mainly use them because I bank with them and it' so familiar. However I was looking into the highly acclaimed Vanguard route, so I'm up in the air about that too.
I had never heard of ProFunds either. I'll look into them.
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Re: maui21ice's FantasyTSP Account
USAA Aggressive Growth Fund is not a stellar performer, but gains participants because they love USAA. I have a small account with them and do not add cash so it is a matter of how well the Fund performs. It has not.
Re: maui21ice's FantasyTSP Account
crondanet5 wrote:USAA Aggressive Growth Fund is not a stellar performer, but gains participants because they love USAA. I have a small account with them and do not add cash so it is a matter of how well the Fund performs. It has not.
Cron, do you have an alternative to them instead or as I was looking at was possibly a growth or aggressive growth fund that is available through Vanguard? Yeah I like USAA and am familiar with it, but if I can gain more in Vanguard (or elsewhere), I'll take the $$ over the familiarity.
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Re: maui21ice's FantasyTSP Account
USAUX is a large-growth sector fund from USAA. The equivalents from Vanguard are:
Mutual Fund:
VWUSX - no load, Expense ratio: .46%
ETF:
VUG- Expense ratio: .08%
I'd personally recommend a value-based fund/ETF like the High Dividend Yield Fund from Vanguard (VYM) and an expense ratio of .09% and greater returns than growth-weighted funds.
Mutual Fund:
VWUSX - no load, Expense ratio: .46%
ETF:
VUG- Expense ratio: .08%
I'd personally recommend a value-based fund/ETF like the High Dividend Yield Fund from Vanguard (VYM) and an expense ratio of .09% and greater returns than growth-weighted funds.
Re: maui21ice's FantasyTSP Account
skiehawk11 wrote:I'd personally recommend a value-based fund/ETF like the High Dividend Yield Fund from Vanguard (VYM) and an expense ratio of .09% and greater returns than growth-weighted funds.
Thanks Skie! I'm actually about to call Vanguard now tonrecovermy account and discuss options with someone to see what I can do to make the most money and be fairly risky with 25+ years left of work in my career.
I don't want to have my money all over the place online 7 different Vanguard accounts, maybe 2 or 3 at most, but I do want to upy risk a bit to take home the higher reward in the long run.
Can I use an ETF as an IRA?
Last edited by maui21ice on Sun Feb 12, 2017 1:32 pm, edited 1 time in total.
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Re: maui21ice's FantasyTSP Account
maui21ice wrote:Can I use EFT funds as IRAs?
If you mean ETFs, then yes you can. At least with Vanguard.
I will bleed on the American flag to make sure those stripes stay red.- Brassel, MI3
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Re: maui21ice's FantasyTSP Account
maui, there was a time I recorded Friday's ending price of USAA's mutual funds. Two years later a USAA rep is touting putting additional money in the account. I pulled out my recorded share prices and pointed out to him that each fund was worth two dollars less than it was two years ago. So the only way the account would grow was to add money to it. To me that is a bum deal. I expect the fund manager to pick stocks that increase in value rather than have a pretty storefront display. USAA failed to meet my expectations. I hope Vanguard treats you better.
Re: maui21ice's FantasyTSP Account
Thanks ObamaSucks!
Cron, I would expect the same thing especially if these funds are claiming to be making 6-9% gains every year on their annual fund performances. And I bet other investors don't pay as close of attention than you did over that time so they are only hurting themselves. Thanks for the heads up, I plan on making the call and switch this week on my off days.
Definitely looking to get into a fund where the fees are low, but my high risk tolerance will provide big gains. Such a disappointment on that aspect of USAA's service. :/
Cron, I would expect the same thing especially if these funds are claiming to be making 6-9% gains every year on their annual fund performances. And I bet other investors don't pay as close of attention than you did over that time so they are only hurting themselves. Thanks for the heads up, I plan on making the call and switch this week on my off days.
Definitely looking to get into a fund where the fees are low, but my high risk tolerance will provide big gains. Such a disappointment on that aspect of USAA's service. :/
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Re: maui21ice's FantasyTSP Account
maui21ice,
I personally would recommend using WiseBanyan or Betterment (Betterment has more weighting towards value and other factor style investing) if you don't mind an annual charge of .25 percent a year to maintain risk. It's simple and straightforward. You can create accounts for IRA, taxable, etc.
I have a Roth IRA, taxable, and my emergency fund with Wise Banyan. So far, I've been pretty happy with the results. betterment may suit you better if you don't mind being charged .25 percent for a similar, but slightly different take on risk-based investing.
https://www.betterment.com/
I personally would recommend using WiseBanyan or Betterment (Betterment has more weighting towards value and other factor style investing) if you don't mind an annual charge of .25 percent a year to maintain risk. It's simple and straightforward. You can create accounts for IRA, taxable, etc.
I have a Roth IRA, taxable, and my emergency fund with Wise Banyan. So far, I've been pretty happy with the results. betterment may suit you better if you don't mind being charged .25 percent for a similar, but slightly different take on risk-based investing.
https://www.betterment.com/
Fund Prices2024-04-16
Fund | Price | Day | YTD |
G | $18.19 | 0.01% | 1.24% |
F | $18.58 | -0.32% | -3.33% |
C | $79.08 | -0.21% | 6.34% |
S | $76.95 | -0.41% | -0.18% |
I | $40.73 | -0.98% | 1.37% |
L2065 | $15.67 | -0.50% | 3.66% |
L2060 | $15.67 | -0.50% | 3.67% |
L2055 | $15.68 | -0.50% | 3.67% |
L2050 | $31.50 | -0.44% | 2.93% |
L2045 | $14.38 | -0.41% | 2.81% |
L2040 | $52.59 | -0.38% | 2.72% |
L2035 | $13.91 | -0.35% | 2.60% |
L2030 | $46.37 | -0.32% | 2.50% |
L2025 | $12.95 | -0.18% | 1.90% |
Linc | $25.31 | -0.14% | 1.64% |