Originally Posted by tmax63:
I just recently got my TSP out of the government's hands into my own hands. Rolled it over into a traditional IRA for 14 months at 2.1% so I have a year to learn what's a better way. I'm 56 and retired from the Army as a civilian over 30 years. I know nothing about this area and would appreciate any help with where to start to learn more about it. Things to read or whatever. Thanks in advance.
The TSP is basically DaFaces advice with a big discount for volume so I'd go back there if possible to reverse. Also, while IRA's are great, in some states they don't have the same protection from lawsuit or creditors as 401ks and I assume the TSP.
The net expense ratio across all funds in the TSP is .033 [Reply]
Originally Posted by Buehler445:
You ****ers should trade grain. I don’t want to hear your whining.
You're hedging for your actual soybeans or whatever though right? So you aren't in the trade naked. It's just a lot of leverage so it moves a bunch? [Reply]
Originally Posted by ChiliConCarnage:
You're hedging for your actual soybeans or whatever though right? So you aren't in the trade naked. It's just a lot of leverage so it moves a bunch?
The positions I have on the board are backed by bushels in production, which has exposure to production risk. But largely, yeah.
The bushels I have in the bin or unhedged bushels in production, though, essentially equate to a long position, so yeah, those moves hit me right in the pocket book. Not to mention the cocking around they do with the basis. [Reply]