How are you investing outside TSP?
Moderator: Aitrus
How are you investing outside TSP?
Hi all,
I am a relative beginner to investing, and just found out I can put money in a separate IRA. I am comfortable with the limited options in TSP, but not sure how to get started with an IRA. I am thinking Vanguard, but want to hear what others are doing. I have 10-15 years until retirement and am okay with quite a bit of risk exposure.
So what are you all, who seem to have a lot more experience, doing?
I am a relative beginner to investing, and just found out I can put money in a separate IRA. I am comfortable with the limited options in TSP, but not sure how to get started with an IRA. I am thinking Vanguard, but want to hear what others are doing. I have 10-15 years until retirement and am okay with quite a bit of risk exposure.
So what are you all, who seem to have a lot more experience, doing?
Re: How are you investing outside TSP?
I have a Vanguard Roth IRA and I chose a target date fund closest to my projected retirement date. I do a seasonal strategy with my Traditional TSP 401k (Strategy 40734). I max out my Roth IRA and my TSP 401k each year.
Re: How are you investing outside TSP?
Thanks @nweis. That sounds great. I looked up the strategy and it has good returns with all the time spent in the G fund. What you are doing sounds in line with what I was thinking. I don't want to try and follow a seasonal strategy with two different pots of money.
- Scarfinger
- Posts: 811
- Joined: Mon Jan 30, 2012 12:00 am
Re: How are you investing outside TSP?
I have a Roth IRA at Fidelity and loosely use Paul Merriman’s 4 fund strategy. I have heard fidelity is more modern easier to navigate website. I have no experience with Vanguard except for using VNQ fund in my Fidelity account.
I am just an average Joe. I have no clue to what the market will do.
Paul Merriman 2 fund strat: (age - 25) x2.5 = TDF + balance into S fund or variation ofTimboSlice wrote: "People really need to stop overthinking this."
Re: How are you investing outside TSP?
Back in 2011, I rolled over my 401k with my previous employer to an Ameritrade IRA. It was very easy, I just opened the account online and later, when I received the dispersement check from my old 401k, I dropped it off at a local Ameritrade office. I believe I actually had up to 90 days to complete the rollover. Now that Schwab is taking over Ameritrade, things might be a little different. By the way, I previously had a regular non-IRA account with Schwab years earlier, before I switched it over to Ameritrade. I found both Schwab and Ameritrade to be very good reliable brokerage firms, but Ameritrade had better fee rates and broader online access.
Fund Prices2024-05-10
Fund | Price | Day | YTD |
G | $18.24 | 0.01% | 1.54% |
F | $18.86 | -0.22% | -1.88% |
C | $81.82 | 0.18% | 10.02% |
S | $80.25 | -0.32% | 4.10% |
I | $42.79 | 0.31% | 6.48% |
L2065 | $16.31 | 0.16% | 7.91% |
L2060 | $16.32 | 0.16% | 7.91% |
L2055 | $16.32 | 0.16% | 7.92% |
L2050 | $32.61 | 0.12% | 6.56% |
L2045 | $14.86 | 0.11% | 6.24% |
L2040 | $54.24 | 0.10% | 5.94% |
L2035 | $14.31 | 0.09% | 5.58% |
L2030 | $47.61 | 0.09% | 5.24% |
L2025 | $13.16 | 0.05% | 3.55% |
Linc | $25.66 | 0.04% | 3.01% |