Results 1 to 4 of 4

Thread: Howdy!

  1. #1
    ChongoChingi's Avatar
    ChongoChingi is offline TSP Starter
    Join Date
    Aug 2006
    Posts
    41

    Smile Howdy!

    I am totally new to all of this. I have been working for the DOD for three years and putting money in the TSP for probably 2 years. All of this really interests me but I dont have a clue what I am doing. Does anyone have some advice of what to read for a total newbie to the financial and economy world to get started? I am really excited about the money I have made just in the past couple of years and I have 30 years to make my fortune. I want to start working on this now so I can be a millionaire when I leave.

    Thanks in advance!


  2.  
  3. #2
    tsptalk's Avatar
    tsptalk is online now Moderator
    Join Date
    Feb 2004
    Posts
    10,838
    Blog Entries
    620

    Default Re: Howdy!

    Welcome Chongo!

    Are you interested in trading, investing - in stocks, mutual funds, or are we just talking TSP? There are several books out there - but what do you think you would be most comfortable pursuing?

    Good luck!
    Tom

  4.  
  5. #3
    ChongoChingi's Avatar
    ChongoChingi is offline TSP Starter
    Join Date
    Aug 2006
    Posts
    41

    Default Re: Howdy!

    Well I have a mutual fund I am about to sell but mainly it will just be TSP for right now. I want to learn about it all though.

  6.  
  7. #4
    tsptalk's Avatar
    tsptalk is online now Moderator
    Join Date
    Feb 2004
    Posts
    10,838
    Blog Entries
    620

    Default Re: Howdy!

    A couple of good, basic, easy read books on investing are:

    Reminiscenses of a Stock Operator by Edwin Lefevre and
    How I made $2,000,000 in the Stock Market by Nicolas Darvas

    They are both basically biographies of successful investors, rather than dry how to books. Market Wizards is also a fun read about successful investors / traders.

    After that you can go to books like, How to Make Money in Stocks, by William O'Neil and Methods of a Wall Street Master by Trader Vic.

    We have a Recommended Reading thread here ... http://www.tsptalk.com/mb/recommended-reading/

    Good luck!
    Tom

  8.  

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P 500 (C fund)
[Chart]
1d  5d  3m  6m  1y  2y
Dow Completion (S fund)
[Chart]
1d  5d  3m  6m 
EFA (I fund)
[Chart]
1d  5d  3m  6m  1y  2y
Bonds (F fund)
[Chart]
1d  5d  3m  6m  1y  2y