Question:
Most of my money is tied up in my govenment TSP(Thrift Savings Plan). I have a choice to put the money in either government bonds, the S&P 500 fund, small cap fund, Foreign fund or bonds.
Currently I am using the tsppilot.com service to suggest which areas to put this money. I think I could do better. Is there a market timing area selfinvestors that I could use to decide when to move my funds to where they will do the most good depending on the market conditions? If not can you suggest where I might find this information other then tsppilot?
My Response:
I post articles at critical times (at the blog and the market outlook page) detailing the health of the market. On the market outlook page I also indicate how much I’m allocating on the long side, short side, how much in cash and how much is leveraged with margin. Whether you use this information to invest in stocks, bonds, real estate or whatever is up to you. I know you don’t want to hear it, but i’m going to have to go with the old cliche on this one – probably best to consult with a financial advisor. I’m not a registered financial advisor and I’m sure the SEC wouldn’t be too happy with me if I began dishing out individual financial advice. Good luck to you.
Tsppilot is a piece of crap newsltter. I have made zilch from their advice. I also found out that they were double billing me for two accounts, one I thought was closed, and refused to refund any of my money. Go to tsptalk.com It is free and much better advice.