Why the Air Is About to Come Out of America's Bubble Economy - Peter Schiff
Jun 9, 2017
https://www.forbes.com/sites/feeonly.../#287706f760c7
"I often speak to military members on financial basics, and I describe the TSP is much like MRE’s (meals ready-to-eat); it offers enough to survive but you prefer just about anything else"
Make Military and Federal Employee Retirements Great With True TSP Modernization
https://www.forbes.com/sites/feeonly.../#25c6b0807770
My favorite quote in that article: "I am ignoring bonds in this example since many TSP investors have a pension that they can rely on for many years in retirement which can replace a significant portion of a bond allocation." I've seen similar statements before. Basically you can consider your Federal annuity and social security as the stable portion of your portfolio that's equivalent to holding bonds. So you really don't need to buy bond ETFs or individual bonds when you retire. This also solves the current problem of low yields on bonds. Looking at it that way it's easier to keep most or all of your TSP in stocks after retirement.
Second, this article reminds me very much of the Paul Merriman's strategies, which I plan to use for a portion of my retirement portfolio outside of the TSP. I've put a lot of hours over the last few years in whittling down which ETF's I want to use for that diversified chunk of my overall portfolio, which will include things like a value stock ETF, and emerging markets... a year ago I settled on India as my favorite emerging market and made a note to buy India using the ETF "EPI", but I've failed to follow my own advice yet and am watching it go up as India starts to emerge as the next major economy....that's a trend that should continue through the 2020s though, so there's still plenty of time left on that train.
TSP | Paul Merriman
I interpret this chart as saying August is the worst month to be in the S-Fund.
Screen Shot 2017-08-17 at 5.00.52 PM.jpg
I don't think things look good for the S-fund until it downs another 2.1%
Also there was a gap on January 05 2017 that was never filled.
sc (2).jpg
Ron Paul: 50% stock market plunge 'conceivable,' but it's not President Trump's fault
https://www.cnbc.com/2017/08/18/ron-...nceivable.html
A chart trend could spell a downturn of at least 3% in stocks: Technician
https://www.cnbc.com/2017/08/11/stoc...cher-says.html
CBO Boosts Prospects for Wider TSP Withdrawal Options
CBO Boosts Prospects for Wider TSP Withdrawal Options
By concluding that such changes would not significantly affect the government’s finances, CBO’s evaluation of S-873 helps clear the way for final passage by Congress. That measure is pending a vote in the full Senate and a companion bill (HR-3031) is ready for a House vote, as well.
The bill would allow current employees to make more than one “age-based” withdrawal after turning age 59 ½.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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