This is simple and easy advice from Warren Buffet on how to invest for the long term. This system in TSP the thrift savings plan investing path is actually slightly better than the blanket advice given. This system works even better in the BRS blended retirement system that most are now enrolled in. This is basic investing advice that can be used even without the TSP or in the BRS program.

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It uses the G fund and the C fund and takes less than ten min to set up. If you need help navigating the site here is a link to an in-depth guide to working the site.

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There are few people in the world of finance as famous and respected as Warren Buffet. The investment guru has made countless successful investments over the years and is widely regarded as one of the most astute minds in the business. For those considering investing in the Thrift Savings Plan (TSP), the government-sponsored retirement savings plan for military and government employees, Buffet’s investing advice can be particularly valuable.

While Buffet has not specifically addressed TSP investing, many of his general principles of investing can be applied to the retirement savings plan. One of Buffet’s most famous pieces of advice is to “be fearful when others are greedy and greedy when others are fearful”. This means that, instead of following the crowd and investing in whatever is popular at the time, you should be willing to go against the grain and invest in undervalued assets when others are avoiding them. This is particularly relevant when considering the Thrift Savings Plan, as different TSP funds can perform differently depending on market conditions.

Buffet is also a strong proponent of “value investing”, which means investing in companies that are undervalued relative to their intrinsic value. This principle can also be applied to the TSP, where certain funds may be undervalued due to market conditions or other factors. It’s important to take a long-term perspective when investing in the TSP, as short-term market fluctuations can sometimes mask long-term trends.

Another key principle that Buffet emphasizes is the importance of diversification. This means spreading your investments across a variety of different asset classes and not putting all your eggs in one basket. With the TSP, this can mean investing in a variety of different funds, each with its own unique risk and reward profile.

Finally, Buffet emphasizes the importance of patience and discipline when investing. This means being willing to hold onto your investments for the long term and not being swayed by short-term market fluctuations. For military and government employees investing in the TSP, this can be particularly important, as changes in the economy or political landscape can sometimes result in short-term market volatility.

In conclusion, Warren Buffet’s investing advice can provide valuable insights for military and government employees considering investing in the Thrift Savings Plan. By following principles such as value investing, diversification, and patience and discipline, TSP investors can make informed decisions that help them build their retirement savings over the long term. So while Buffet may never have specifically addressed TSP investing, his general principles of sound investing can still be applied to this important retirement savings plan.