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Thread: Howdy!

  1. #1

    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!


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  3. #2

    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

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  5. #3

    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.

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  7. #4

    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/forumdisplay.php?f=35

    Good luck!
    Tom

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