love-to-bike
01-10-2007, 06:09 PM
Hi,
I'm happy with my TSP returns, after taking a more active role (thanks to this forum!) I had an 18% return last year. I don't know how most active traders view that sort of return but I'm sure happy and I imagine it's better than what most people (who are not so active) achieve.
I now want to branch out into more individual investing (i.e. outside my TSP). On one hand I think maybe I should invest my funds available funds the same way I do my TSP - allocate and move money around FCSI type of funds. That way things are simpler - same as what I do w/ TSP.
However I'm also feel the urge to branch out into other offerings, whether they be stocks, funds, etc. One of the things that drives me to consider this is the increasing number of investment advisors I hear on the radio or on TV. Plenty of talk, some of them seem like carnival barkers, others seem more reasonable. Many of these folks offer advice through newletters or some sort of an alert system.
Is anyone familar with these people and what quality their advice is? People I'm familar with (at the surface level) include Jim Cramer, Bob Brinker, Ric Edelman, etc. Any suggestions on a best course to follow for someone who won't be able to spend a lot of time following market indicators, etc. but who is willing to take risk based on sound advice?
Thanks!
Bob
I'm happy with my TSP returns, after taking a more active role (thanks to this forum!) I had an 18% return last year. I don't know how most active traders view that sort of return but I'm sure happy and I imagine it's better than what most people (who are not so active) achieve.
I now want to branch out into more individual investing (i.e. outside my TSP). On one hand I think maybe I should invest my funds available funds the same way I do my TSP - allocate and move money around FCSI type of funds. That way things are simpler - same as what I do w/ TSP.
However I'm also feel the urge to branch out into other offerings, whether they be stocks, funds, etc. One of the things that drives me to consider this is the increasing number of investment advisors I hear on the radio or on TV. Plenty of talk, some of them seem like carnival barkers, others seem more reasonable. Many of these folks offer advice through newletters or some sort of an alert system.
Is anyone familar with these people and what quality their advice is? People I'm familar with (at the surface level) include Jim Cramer, Bob Brinker, Ric Edelman, etc. Any suggestions on a best course to follow for someone who won't be able to spend a lot of time following market indicators, etc. but who is willing to take risk based on sound advice?
Thanks!
Bob