Skip to main content

Posts

Showing posts with the label marine

Should You Utilize Thrift Savings Plan?

I went from $200 to $140K within 5 years in the Navy without utilizing the TSP. Here's my opinion on this. If your focus is on the military career, then definitely utilize the TSP Life Cycle. If you're business focused, not focused on a career in the military then not utilizing the TSP is okay. Properly investing in the stock market requires a lot of time for you to study. So the question is not should you invest in TSP but rather.. Do you want to focus on the military and let you investment run on auto pilot or Do you want to maximize your networth for when you get out of the military I'm Yoon Kim, the 6-figure earning sailor. Follow for more advice.... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing As an employee of the federal government, a member of the uniformed services or the civil service,