No. of Recommendations: 1

Are you doing TSP? If not, you need to start. That is a pre-tax deduction that builds up quickly.

I think that the S&P index for the long haul is a good deal. While you would miss out on specific companies that, say double or triple in any given year, you also are avoiding companies that 1/2 or 1/3 in any given year.

Supplementing this with good stocks would help you get the bigger returns. You could do both. You could very well beat the market, but you never know. Some headlines in the news today:

Home Depot's profit jumps 14%
J.C. Penney sparkles as Wal-Mart toils

So a good portfolio of stocks is a good thing.

Sharebuilder account so that I can buy individual stocks
Be careful here, if you are buying stocks, you are going to be paying for the trades. That eats into your return.

There is a military board here on the Fool at:

Come on over and check it out.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.