Dave Ramsey Thrift Savings Plan Thoughts

Dave Ramsey, the popular financial radio show host, has some opinions on the TSP. His main advice, don't begin long-term investing UNTIL you are debt-free except your home. Article: http://www.fedretirementplanning.com/dave-ramsey-thrift-savings-plan-thoughts/ -- ► Subscribe to My Channel Here: https://www.youtube.com/channel/UC8bWrSS2BdaQGtc1mq45Z6g?sub_confirmation=1 -- Cooper Mitchell helps federal employees better understand their benefits and helps them retire on their terms. Using financial planning and investment management through Cooper is able to tackle the issues that are unique to federal employees. Cooper is also a public speaker who is available for various federal conferences and events. Find Cooper here: Website: http://fedretirementplanning.com Work with Cooper: http://http://www.fedretirementplanning.com/work-with-cooper/ Facebook: https://www.facebook.com/fedretirementplanning/ Email: cooper@fedretirementplanning.com -- As always, enjoy, and please subscribe! -- © Copyright Fed Retirement Planning 2016, All Rights Reserved

Comments

1. Hey Cooper, I am currently at that ratio of 80-10-10 in the C, S, and I funds, respectively, and intend to stick with that allocation for at least the next 10 years. I am 26 years old and don't intend to retire for another 40 years, give or take, so I am pretty risk tolerant.
   
   Do you think this is a wise investment strategy for someone in my position?
2. Most people watching do not receive a match. Only civilians receive matching funds.
3. Do you have the paper on Roth vs Pre-Tax retirement funds? You mentioned that you were working on it in this video
4. Am I huge fan of Dave but I agree with your opinion on fund distribution. Everyone has different risk tolerance
5. Would love to hire you or someone like you for personal help. Any recommendations?
6. I am 30 with 8 years in and want to be a little more aggressive with my savings. A majority of my money is sitting in the G fund with my current contributions heading into the G fund as well. Buy low sell high, right? When would u suggest is the best time I should move into the C/S/I funds? I was thinking as soon as possible, any initial loss would be offset eventually...
7. As a military member not getting a TSP match would you suggest TSP Roth or another option?
8. pay debt off first or save for 3 to 6 months of emergency funds?
9. Is the L Fund if you are looking for a high rate of return and don't mind the risk?
10. Military members do not receive a match.
11. what about the Roth TSP?
12. What would you advise for a uniformed services account holder that has been inactive for over a year now and where to invest their savings in rather than 100% G fund? I'm 23 and I'm fine with taking risk to make more profit now while i'm fairly young.Thxs!