As soon as the funds arrived at TD Ameritrade (which will soon be Charles Schwab, and I'm convinced that brokerage is among the safest out there) I moved the funds into SWVXX, Schwab's money market fund which is currently earning 4.87%, better than the G fund...I did that since I was on a Caribbean cruise (I actually did while sitting on the balcony of our cruise ship cabin!) and had further plans when we got home...at that point, mid-March, I set up an income portfolio of 50 high dividend stocks/equities using Rida Morwa's High Dividends Opportunities service on SeekingAlpha.com. I love that service, they're so thorough in their investigation and laying out a diversified portfolio of choices for you.
I'm now earning a dividend yield of 10.76% on my IRA. I take out about 75% of the dividends monthly (which works out to the same amount I was taking from my TSP monthly), and invest the other 25% in those 50 equities in order to keep growing it forever.
I'm so happy to be rid of the TSP forever.
My only worry would be if Congress actually allows a full default on the U.S. debt. That would pretty much destroy the financial system and leave everyone broke, so I hope they're not actually that stupid...but many of them are unfortunately, they just don't get it.
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