Quote:
Originally Posted by BPRICE1234
My TSP account is doing well but unfortunately I got a really late start. Maybe 5 to 10 years left to work. Simply looking to maximize while I can afford to make up any losses.
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BEWARE. Financial advice often comes from people who are SELLING SOMETHING. Even people trying to offer helpful OPINIONS we do not know you and I would not POST necessary information. An old expression is man plans and god laughs. "A late start?" REALITY there are no do overs. Five to ten years left to work. People and how they think. Reminds me a guy I knew fro Jamaica. He had a diary in his pocket plotting the next 7 years savings etc. They ne was going to move back to Jamaica.
Contrarian or REALIST-not sure what the truth is. All you need to know is when you will pass, what will be your cause of death, tax rate till you pass, inflation rate till you pass. return on you money till you pass. NO ONE KNOWS. ALL WE HAVE IS OPINIONS.
Reading financial STUFF since like High School. WOW A LONG TIME AGO. There is always the disclaimer-my OPINION so that people cannot SUE them if they are wrong. IF, I KNEW, Buffet would be calling me for advice.
I watch Payne. HUH his advertised FREE BOOKS only cost you twenty dollars each. Sort of lost my faith in him due to that. He has said that older people, US are investing like far younger people-taking on far more risk. Right thing to do? We will ge the answer as a shoulda, coulda, mighta but didn'ta