TRADING THURSDAY: TESLA UP, AIRLINES UP, CHINESE STOCKS REMOVED?

TESLA motors is moving the needle again today with nice gains.  Boeing has successfully flown with passengers. 

"The U.S. House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country's auditing rules" - Fox Business 

Thrift Savings Plan Overview: 

"The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve. It was established by Congress in the Federal Employees’ Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans." - https://www.tsp.gov/about-us/

Dave Ramsey's suggesting for TSP is 40% C Fund ; 40% S Fund and 20% I fund and nothing to the F and G fund due to low returns. 

My suggestion is 10% the latest and greatest Life cycle fund and 90% C Fund.  The only issue with my plan is that you have to keep moving it every 5yrs. :-) 

If you have no clue on what to do with your funds in your TSP and you are not about to retire in 10yrs?  put all of it in C and ride the wave.  Check out how you doing after 10yrs.. Remember, when the market goes down, the shares are just going on sale!

Sponsors: 

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DISCLAIMER: I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in this audio are for educational purposes only. You must do your own research and make the best choice for you.  Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. If you need advice, please contact a qualified CPA, CFP, an attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with.

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