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Author: tredadda Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27501  
Subject: Investment advice for a newbie Date: 10/16/2012 10:30 AM
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Greetings fellow fools,

I was just looking for some investment advice to see if I am investing well, and readjust as necessary based off of recommendations from those far more skilled in this than me.

My situation-

I am currently married with two young children at home with a wife who is a homemaker and I am serving in the US Army. I plan to make it a career so I know down the road I will have that pension coming my way, but since it is the govrnment I never bank on that so I have been investing as well to prepare for later in life. I also purchased Stock Advisor as a guide for investing in certain stocks and for recommendations I never thought of. Currently we invest as follows

4% of my base pay goes into a TSP target retirement 2040 account
4% of my base pay goes into the new Roth TSP with the yearly pay raises of about 1.9% going into those as well
$100 a month in a USAA S&P 500 Index Fund
$100 a month in a USAA World Growth Index Fund (or somethign worded like that)
$100 a month for each of my two daughters 529 plans
$200 a month set aside for stock investing. With this we try to purchase stock quarterly to minimize expenses while at the same time. We have been trying to build up our portfolio with the Stock Advisor Core Stocks. We try to get about $1000 worth of a certain core stock before moving on to another core stock.
$500 a month goes to savings
We are also purchasing our house

Our current stock holdings are unimpressive, but growing. We have
GE
T
WY
COH

My questions now are............is our investing plan a good one or should we adjust how we allocate our money? Also is $1000 per stock good enough or should we be putting more into each stock? We are avoiding the Best Buy Nows primarily because we want to build up our core but were not sure if we are putting enough in there.

I try to study up as much as possible but between a full time job, two young children, plus working on my masters it can be tough. This is why I try to follow these boards as much as possible, plus follow stock advisor. Any advice or recommendations would be greatly appreciated.
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