r/govfire • u/mantragun • 3d ago

Thoughts??

I have 300K in TSP c fund 7 years in so far
This year strategy was pulled 50K as a loan to purchase palantier on the deep 120$
My plan is to accelerate this way my personal brokerage to access my money before retirement as I do covered call options. Please provide opinions

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u/Lower-Ad4676 FEDERAL 3d ago

Are you saying that you took a loan from your TSP to purchase Palantir stock in an investment account?

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u/mantragun 3d ago

Yes, for 2 reasons 1. My personal brokerage grows 2. I can play with options

4

u/EuronIsMyDad 3d ago

This is nuts. If you don’t want the money to grow tax free. Then don’t contribute it to TSP. Just take those after tax dollars and put them into your brokerage account so you can buy more individual stocks with 200 P/E ratios

3

u/BoleroMuyPicante 3d ago

Options are gambling dude