TSP Withdrawals at Separation

Separating or Recently Separated from Federal Serivce?

The TSP is a great retirement plan in many ways, but for some folks it might make sense to make a withdrawal/rollover at separation.

Here’s what you need to know.

TSP Withdrawals at Separation
Take Control of your Retirement Savings – One Way or Another!

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Lending Club is the 21st Century Virtual Pet

Lending Club Review - The 21st Century Virtual PetRecently I had the unpleasant experience of watching a Cable Business News Show Anchor interview of a self-proclaimed investment ‘advisor’, touting his vast experience with Lending Club.

I won’t name the channel or the show, but the Business Anchors on this particular channel have been confused with “adult film stars” on a once-famous online quiz.
Back to my news-watching experience.  The TV dude claiming to be a ‘seasoned’ investor on Lending Club had- Get This- 10 months of experience, with over 100 Loans!   Continue reading

The Dark Side of Solar Power Purchase Agreements


The Dark Side of Solar Power Purchase Agreements

 

As I’ve mentioned elsewhere, I recently signed a contract to put solar Photovoltaic (PV) panels on the roof of the GubMints home.

Are you thinking about rooftop solar? Here’s the drawbacks I carefully weighed in the decision process:

You’ve just become a Commodities Trader. You just signed a contract to purchase a finite amount of electricity for 20 years, at a price that ratchets upward every year at a negotiated rate. This is the textbook definition of a ‘Commodities Option Contract’. In other words, you’ve just placed a bet that the electricity price you locked in today is cheaper than what it will become over the next 20 years. Continue reading


 The Millionaire Wage Slave by Alex Johnston

The theme of Mr. Johnston’s book is: You CAN get rich by working for someone else.

For you Feds, this means that Dollar Cost Averaging in to the TSP can make you a ‘TSP Millionaire’ someday.  In fact, the TSP Director has mentioned that yes, there are a handful (562) of TSP Millionaires walking this earth.

To get rich, you need two things: Continue reading