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BEST WAY to Invest in the TSP | Thrift Savings Plan Explained

Автор: Tim Wolffe

Загружено: 2021-02-08

Просмотров: 42594

Описание: If you are unsure about how to invest in the TSP this video is for you. The TSP is a 401k for federal employees. I will walk you through a brief explanation of the thrift savings plan because it's important to understand first what you are investing in. Then, a breakdown of the lifecycle funds and the individual funds the TSP has. There are different ways to invest in the TSP to include a "best way" to invest in the TSP. Watch till the end of the video to discover a way that will make you millions of dollars more than if you autopilot invest in the lifecycle funds or bad individual funds.

My recommendation is 60% - 80% C Fund and 20% - 40% S Fund. C fund and S fund are the best performing funds within the TSP by far. C fund and S fund do over 13% every year (on average). Compare this to the S&P 500 that does between 10%-11% every year and you can see it's a good investment. So watch this video and be sure to give it a LIKE (please and thank you)! This is the best way to invest in the TSP with a full TSP explanation.

This video is not sponsored. Some product links are affiliate links which means if you buy something I may receive a small commission at no extra cost to you.

🎒FINANCIAL BOOKS I HIGHLY RECOMMEND:
1. Rich Dad Poor Dad: What the Rich teach their kids about money that the poor and middle class do not. https://amzn.to/2SLWLhw
2. Everyday Millionaires: How Ordinary People Built Extraordinary Wealth. https://amzn.to/3dno5Mr
3. The 4-Hour Workweek: Escape 9-5, Live Anywhere, And Join the New Rich. https://amzn.to/34IkSTS

🙋‍♂️1 on 1 Sessions Available @ https://timwolffe.com/services

#timwolffe #personalfinance

00:00 Intro
00:32 TSP Explained
01:47 TSP Funds
06:28 TSP Fund Allocation

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BEST WAY to Invest in the TSP | Thrift Savings Plan Explained

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