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 Prices2024-05-17
Fund | Price | Day | YTD |
G | $18.26 | 0.01% | 1.63% |
F | $18.97 | -0.24% | -1.31% |
C | $83.13 | 0.12% | 11.79% |
S | $81.54 | 0.08% | 5.77% |
I | $43.48 | 0.27% | 8.20% |
L2065 | $16.57 | 0.16% | 9.63% |
L2060 | $16.58 | 0.16% | 9.64% |
L2055 | $16.58 | 0.16% | 9.64% |
L2050 | $33.06 | 0.12% | 8.01% |
L2045 | $15.05 | 0.11% | 7.61% |
L2040 | $54.90 | 0.11% | 7.22% |
L2035 | $14.47 | 0.10% | 6.77% |
L2030 | $48.10 | 0.09% | 6.33% |
L2025 | $13.24 | 0.05% | 4.19% |
Linc | $25.79 | 0.04% | 3.54% |