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Thread: The Potential Cost of a TSP Loan

  1. #1

    Default The Potential Cost of a TSP Loan

    From the TSP.gov Highlights Newsletter:

    More Than You Bargained For: The Potential Costs of a TSP Loan

    "Are you thinking of taking a loan from your TSP account? If so, be aware that taking a
    TSP loan might cost a lot more than you think. This article will explain the basics of the
    TSP loan program, as well as some of the less obvious costs."

    Read more: https://www.tsp.gov/PDF/formspubs/high14b.pdf
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


  2.  
  3. #2

    Join Date
    Feb 2007
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    Default Re: The Potential Cost of a TSP Loan

    Video released on tsp.gov today:

    Under: https://www.tsp.gov/whatsnew/plan/planNews.shtml
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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  5. #3

    Default Re: The Potential Cost of a TSP Loan

    Taking a loan from your TSP is not usually a good idea, but of course there may be times when it's the best option for you.

    My advice... take the loan during a bear market.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  6.  
  7. #4

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,983

    Default Re: The Potential Cost of a TSP Loan

    Quote Originally Posted by tsptalk View Post
    Taking a loan from your TSP is not usually a good idea, but of course there may be times when it's the best option for you.

    My advice... take the loan during a bear market.
    Great, tell me when the next bear market is going to start, and I'll have my paperwork ready!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

  8.  
  9. #5

    Default Re: The Potential Cost of a TSP Loan

    Quote Originally Posted by Frixxxx View Post
    Great, tell me when the next bear market is going to start, and I'll have my paperwork ready!
    Once the 50-day moving average falls below the 200-day moving average. Of course you'll be already be down 5% or so by then, which would probably be a good size loan, so I don't have all the answers.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

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