I started my usmc contract with 4th Lar..when i left the unit i was with H&S Company Service PLT. Name was lcpl wright.. Got in at 2009 during their redeployment phase. Did 6 years there. Missed yall so thanks for showing the updates. Miss the camp flores area. Miss the unit too! Thanks Sgt!
You didn’t mention TSP. I was putting 5% of my pay into TSP. But I wasn’t investing it. It was just sitting in gov securities. I wish I had moved it into the C fund, large cap stocks. It follows the S&P500 and if I had done that, I’d have a good chunk right now
That's a good idea for a future video! I would say if you're trying to make a little bit of money in 10-20 years, you can invest in your TSP towards the S&P500. If you're trying to make a ton of money in 10-20 years, you should take that money out and put it into things that would increase your earning capacity! Things like books, courses, networking events, business startup costs, etc.
@@Andrew54123 Not if you file under "emergency"! If you file under times of hardship you can get that money out without having to deal with any penalties!
Would you mind discussing the benefits of a Roth for military members whether it be ira or 401k as well as the implications for early withdrawal of principle as well as early withdrawal of gains then maybe discuss pros and cons of using va loans as opposed to conventional specifically discussing loan origination fees and the undesirable nature of a home seller to accept a va loan? How about if someone is a reservist and they want to do a SEP IRA would you prefer them do that or max out all of their military retirement plans even though investment options are less than options? Which letter would you opt for on the retirement investment plan and why for armed services?
Not applicable to this Gentleman but be cautious of active duty or anyone in uniform offering advice. In the past two years, and this last week, officers in various services took advantage of hold star family monies, investments and were using monies to invest for their portfolio. Another was offering help to troops but using the investments to pas his portfolio. Use a professional non military as this person is mentioning or ask him to advise what are the best options. No credit cards! Coupon !!! In every form of the word, not just food. GI Bill and tuition ass. The best source of tax free income is to enroll in school and use all tuition assistance. It's a great way to help with a car payment or insurance do to the stipend.
Mane idk bout this one😭 credit cards are good if your smart about it and have uses for your credit card. Credit is helpful for a lot of things. Ik though that credit is good for taking loans out but it's way more than that depending on the card you could get several benefits that you wouldn't get with a debit card or cash
@joeynguyen Yup you right not getting a credit card is safe but not that smart especially since credit is so important nowadays too with buying things or qualifying for certain interest rates or down-payment amounts. If used correctly credit cards can be amazing and can actually be used as a way to reduce expenses. Ngl tho I'm very limited in my knowledge that is just what I know from RU-vid and research
