The general consensus is to not take a tsp loan, but that interest rate is very high. whats your balance and what is your payoff time line at that current interest rate? THe plus side is more money will go to principal and despite losing out on the growth you will be gaining the interest you pay yourself in addition to replenishing your TSP balance. I would consider it depending on the repayment timeframe and tightening the wallet as much as possible.
Seeking student loan advice. I know, I know this is not 100% TSP related, but I'm taking a TSP loan out to pay back Private student loans. And yes I should have done this a LONG, long time ago.
Any suggestions? Few of my colleagues are saying don't do a TSP loan. But with a 2.85% interest rate versus 9.75% interest rate (it has just continued to rise over the last 5 years).
I am also considering paying part of the student loans via a 0% credit card offer (20 months). But just realized that the 0% offer is only for purchases or balance transfers, not for cash advances (25% interest rate). I'm 99% sure the student loan company only allows payment via check or debit card, not credit card.
If anyone on here has some wisdom, or personal experience, I would be grateful to hear from you.
Thank you in advance. And Sarah, thank you again for your wisdom. My TSP has been doing well over the last few years I've been part of this group. J
__._,_.___
Posted by: GlobalTJB <globaltjb@gmail.com>
Have you tried the highest rated email app? With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.
Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
.
__,_._,___
Anda baru saja membaca artikel yang berkategori dengan judul Re: [TSP_Strategy] Seeking Opinions - Slightly Off Topic. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2018/09/re-tspstrategy-seeking-opinions.html. Terima kasih!
Ditulis oleh:
Andriansyah -
Belum ada komentar untuk "Re: [TSP_Strategy] Seeking Opinions - Slightly Off Topic"
Post a Comment