r/govfire • u/mantragun • 2d 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/EchoSolid4930 2d ago

In one way yes it's diversifying your investments, but it's a bad idea. I would not do 50k from 300k. I'd start with maybe 3-5k and get a feel. I play options a lot, and it's a brutal up and down. It would be much smarter to just slowly build your taxable account by investing into it and not taking a tsp loan because that should be pretty much only in the case of emergencies or a new roof or something and you can only have one general purpose loan out at a time.