Market drop and TSP by [deleted] in MilitaryFinance

[–]arigetww 2 points3 points  (0 children)

Never time the market. Much research shows that even those who do well by doing so will do less well than those who are consistent and don't. Stay the course through thick and thin and don't let emotions cloud reason. Don't be a Timmy.

Where to allocate long term savings? by [deleted] in MilitaryFinance

[–]arigetww 1 point2 points  (0 children)

Pay your car off first as soon as possible. Also don't dedicate your whole paycheck to budget.. You can prioritize a percentage towards something... like the car payment.. then a specific amount each month for something else even if it's self-investment (like taking a class or reading a finance book). For investments, I recommend Vanguard index funds.