G Fund Payday

[ATCJeff]

Looks like the G will pay today. Anyone have estimates for the coming weeks?

Jeff

[350zCommTech]

Looks like the G will pay today. Anyone have estimates for the coming weeks?

Jeff

I'm showing it paying again next Monday, but it's very close. I would put the odds at 55% for Monday and 45% for Friday.:)

[ATCJeff]

Is the current G fund rate 4.750%? How often does the rate change? Monthly? Twice a month?

Jeff

[ATCJeff]

I'm showing it paying again next Monday, but it's very close. I would put the odds at 55% for Monday and 45% for Friday.:)

Do you break down the annual percentage rate to a daily percentage rate, mutilply that by the current G fund price and add until you get a whole penny? Or does TSP round?

[350zCommTech]

Is the current G fund rate 4.750%? How often does the rate change? Monthly? Twice a month?

Jeff

Yes, it's still at 4.750%. I've only seen it change once a month.

[ATCJeff]

Yes, it's still at 4.750%. I've only seen it change once a month.

Thanks

[350zCommTech]

Do you break down the annual percentage rate to a daily percentage rate, mutilply that by the current G fund price and add until you get a whole penny? Or does TSP round?


I ain't talking to you no more...:D






Yeah, that's about it.:)

[budnipper1]

I ain't talking to you no more...:D

You probably won't to talk to me either, but will Monday being Labor Day affect those figures. Probably just push a Monday payday to Tuesday, right. :D

[350zCommTech]

You probably won't to talk to me either, but will Monday being Labor Day affect those figures. Probably just push a Monday payday to Tuesday, right. :D

Yup. I totally forgot about Labor day.:)

[Bullishreturn]

Yup. I totally forgot about Labor day.:)


YOU FORGOT ABOUT LABOR DAY??????

BANISH THE THOUGHT!!!!

http://www.nupge.ca/images_2004/union_yes.jpg

[350zCommTech]

Next payday is this Friday.

[ATCJeff]

Next payday is this Friday.

Was thinking the samething.:)

[350zCommTech]

Next payday is this Friday.

Was thinking the samething.:)


Alert!!!

The rate just changed to 4.5%. If it's effective for this week's calculations, it will push it to next Monday. If not, it'll pay this Friday.

[budnipper1]

Alert!!!

The rate just changed to 4.5%. If it's effective for this week's calculations, it will push it to next Monday. If not, it'll pay this Friday.

It really sucks that we don't have a chart that can help with that.. oh well...it's only a penny.

[ATCJeff]

Alert!!!

The rate just changed to 4.5%. If it's effective for this week's calculations, it will push it to next Monday. If not, it'll pay this Friday.

My feeling is that the rate takes effect immediately. G should pay Monday.

[RPM]

Anyone knows what is the payday for this week?
Thanks,

[budnipper1]

Anyone knows what is the payday for this week?
Thanks,
It'll pay tomorrow, 99.9% sure. Today was the 5th day at $12.14. Don't think it's ever stayed even for 6 in a row.

[CorMaGa34]

This is a new week... do we have to be in G cob Wed to get the penny on Thurs?

[budnipper1]

This is a new week... do we have to be in G cob Wed to get the penny on Thurs?

YES..if it pays on Thursday. Sometimes holidays screw up the cycle.:confused:

[Bullishreturn]

We calculated last month that is was paying on a 6.72 day cycle, I think. Which would make it just about ready to change from a thursday payday, to a wednesday payday, pretty soon. I think we are still on track for thursday this week, but it may change to wednesday in the not too distant future.

[Bullishreturn]

Sombody asked earlier today how do you know what day the "G" pays out- how often it does, etc.

I can't find the thread where that question was asked now, but here is the answer to that question (and then follow the messages after this one).

http://www.tsptalk.com/mb/showthread.php?t=1806&page=62

and then start with post number #735 and move down.

thanks

[350zCommTech]

Reminder:

The G fund should pay again tomorrow, but there's a slight chance of it paying tonight.

[350zCommTech]

Forgot to post.

G will pay again Tuesday.

[DCguy]

G seems to pay better than FCSI this month.

[RPM]

Forgot to post.

G will pay again Tuesday.

Tuesday again next week? TIA

[350zCommTech]

Tuesday again next week? TIA

No, it'll pay on Monday.

[presskh]

No, it'll pay on Monday.

My calcs also show it paying today.

[presskh]

No, it'll pay on Monday.

350z, my calcs show it paying on Monday for at least the next 5 weeks (possibly 6 weeks). Concur?

[350zCommTech]

350z, my calcs show it paying on Monday for at least the next 5 weeks (possibly 6 weeks). Concur?

Not sure about the next 5 or 6 weeks.


G will pay again on Monday.

[presskh]

Looks like the G fund payout went to 4% for December (was 4.5%). Question - anyone know if the new rate was effective on the first day of the month (a Saturday) or was its effectivity delayed until the first business day of the month (a Monday)?

Thanks.

[350zCommTech]

Monday again.

[350zCommTech]

With the holidays, the G will pay on Wednesday 12/26.

[350zCommTech]

The G should pay again next Monday.

[350zCommTech]

The G should on Tuesday, 1/8/08, but there is a slight chance of it paying on again on Monday.

[CorMaGa34]

Is there a way that we can confirm when we get the penny, Monday or Tuesday? After retirement las month I was waiting for that day to make a drastic transfer to G and leave it there forever.:worried:

[350zCommTech]

Is there a way that we can confirm when we get the penny, Monday or Tuesday? After retirement las month I was waiting for that day to make a drastic transfer to G and leave it there forever.:worried:

It's too close to call. That's all I can say.

[dickster]

Is there some place we can go to find out about when the G fund will pay??

[350zCommTech]

Is there some place we can go to find out about when the G fund will pay??

Yes, and it's HERE!

I've already post about it this morning.

It's going to pay on Tuesday, but there is a slight chance it might pay again on Monday. It's a very close call.

[qibovin]

Is there some place we can go to find out about when the G fund will pay??There is no "official" posting. Several individuals on this website track the historical payout dates and posted rate of return for the G-fund and "predict" very accurately when the payout date will be. That is what you will find here. Supposedly, in the near future, the G-fund (and presumeably the other funds as well) will start paying partial pennies so that there will no longer be a specific penny-pay-day. Until then, here's the place to be.

[presskh]

Yes, and it's HERE!

I've already post about it this morning.

It's going to pay on Tuesday, but there is a slight chance it might pay again on Monday. It's a very close call.

It did pay on Monday. We have the same situation next week (should pay on Tuesday 1/14 but good odds it could pay on Monday 1/13) - very close call again.

[presskh]

Yes, and it's HERE!

I've already post about it this morning.

It's going to pay on Tuesday, but there is a slight chance it might pay again on Monday. It's a very close call.

Hey 350z, I've a question. Since 2008 in a leap year and the G fund interest rate is on a per annum basis, is the daily G fund payout rate based on 366 days for this year?

Thanks.

[350zCommTech]

Hey 350z, I've a question. Since 2008 in a leap year and the G fund interest rate is on a per annum basis, is the daily G fund payout rate based on 366 days for this year?

Thanks.

Yes.

[Wildboar53]

Future Question about Martin Luther King day on 21Jan08. Currently G-fund penny on 7Jan prediction for pay on 14Jan but maybe 15Jan. Pay day is slightly more than 5 trading days? So will payout be on 22Jan for sure or pushed out to 23Jan by then?

[presskh]

Future Question about Martin Luther King day on 21Jan08. Currently G-fund penny on 7Jan prediction for pay on 14Jan but maybe 15Jan. Pay day is slightly more than 5 trading days? So will payout be on 22Jan for sure or pushed out to 23Jan by then?

My calcs have it paying on Tuesday January 22, with a high level of confidence.

[tom1tom1]

Is the G-fund paying on the Jan 22nd or the 23rd?

[350zCommTech]

Is the G-fund paying on the Jan 22nd or the 23rd?

The G will pay again on the 22nd, next Tuesday.

[budnipper1]

TSP and the markets will be closed on January 21st for MLK holiday.

[350zCommTech]

TSP and the markets will be closed on January 21st for MLK holiday.

Thank you.:)

[350zCommTech]

I have the G paying again on Wednesday.

[tom1tom1]

Is the G-fund paying tomorrow or did it pay today?

[budnipper1]

Is the G-fund paying tomorrow or did it pay today?
I'm betting it pays today. It's been $12.31 for 5 days already, since Jan.22

[budnipper1]

350z was right, I was wrong...
Someday I'll quit doubting the king...:D

I have the G paying again on Wednesday.

I'm betting it pays today. It's been $12.31 for 5 days already, since Jan.22

[Idaho Dave]

I'm betting it pays today. It's been $12.31 for 5 days already, since Jan.22

I have the G paying again on Wednesday.

350z was right, I was wrong...
Someday I'll quit doubting the king...:D

I was counting my money too. All hail the king.

[Barney]

I was counting my money too. All hail the king.

All Hail 350's Avatar! SHHWINGGG! :D

oh yeah, and 350, you rock!

[350zCommTech]

Thank you all for the kind words.:)

[presskh]

My calcs have the G fund paying on Thursday, Feb. 7th, but also with a decent chance of paying on Wednesday, Feb. 6th. The new payout rate for the month is 3.5% per annum.

[Braveheart]

Will G pay today $12.32 since January 22, 2008 it has gone up 1 cent in 11 Business days.

I'm new to this but how does the market decide when it pays 1 cent or is it the TSP that decides.

Right now 100% G !!!!

[350zCommTech]

G should pay again tonight.

[Braveheart]

G should pay again tonight.


I hope your right. I watch your posts and you share good information. THX

[350zCommTech]

I hope your right. I watch your posts and you share good information. THX

My calcs have the G fund paying on Thursday, Feb. 7th, but also with a decent chance of paying on Wednesday, Feb. 6th. The new payout rate for the month is 3.5% per annum.

Looks like I was off a little bit. Presskh got it right.

Good job Presskh!:)

[presskh]

Looks like I was off a little bit. Presskh got it right.

Good job Presskh!:)
Thanks, 350Z - Just lucky - it's a roll of the dice when the calcs are close. It's good to have several members comparing calcs.:)

[Braveheart]

Well tomorrow has to be a better day at least for the G Fund.

It is getting sad looking for 1 cent but right now after dealing with the I Fund/S Fund I went to the F which did OK.

I won't get rich in the G but it's safe for now. THX for the info !!!

[presskh]

Looking ahead, in case you're interested, my calcs show the "official" predicted next penny payout on Tuesday 2/19 (Monday the 18th is a holiday). However, the calcs are so close on the previous Friday (2/15), that I would guess the odds of going ahead and paying on 2/15 at maybe 90% or more and only about a 10% or less odds of the payout being delayed until 2/19. Therefore, I am changing my predicted payout day to Friday, the 15th.

[presskh]

By my calcs, the next G-fund payout should be on Monday, February 25th.

[tsptalk]

I agree (Feb 25). Every 8.5 days.

[qibovin]

Aahhh, remember the day when tracking the G-penny was hardly worth the effort...
:rolleyes:
...back when it was paying out every 4-5 days...
:suspicious:
...Now see us all scramble for "payday" every 8.5 days.:sick:

[presskh]

Looking ahead, the next predicted G Fund payday is on Monday, March 3rd.

[Braveheart]

Looking ahead, the next predicted G Fund payday is on Monday, March 3rd.

If the payout is every 8.5 days but is it possible that tomorrow 2/29/08 would be the G Fund payout since it is usually 4 payouts per month. Before the last payout there was 11 days. There were only 3 payouts during February. If it paid tomorrow in the 7 day range then it would set up 4 payouts in March and give is 4 payouts in February.

What are the odds the G Fund pays tomorrow ?:suspicious:

[350zCommTech]

Looking ahead, the next predicted G Fund payday is on Monday, March 3rd.

If the payout is every 8.5 days but is it possible that tomorrow 2/29/08 would be the G Fund payout since it is usually 4 payouts per month. Before the last payout there was 11 days. There were only 3 payouts during February. If it paid tomorrow in the 7 day range then it would set up 4 payouts in March and give is 4 payouts in February.

What are the odds the G Fund pays tomorrow ?:suspicious:

I'm with presskh. I show it paying Monday.

[qibovin]

What happened to the 4-digit calculation they were going to start using so that the G paid daily or every other day instead of weekly? As I remember that was approved months ago, but I haven't seen it happen yet.They're waiting to bundle those upgrades with the IFT limitation "upgrade" contract.:sick:

[presskh]

Looking ahead, the next predicted payday should be on Wednesday 3/12/08 (>75% chance), with a small chance (<25%) of paying on Tuesday 3/11/08. The new per annum rate for March is a whopping 3.375%.

[qibovin]

The new per annum rate for March is a whopping 3.375%.But it never loses!:sick:

[squalebear]

I can't remember the last time it took 8 working days to post a penny.
IMO, the penny will come on Tuesday and I give a <1% chance on Wed.
Could the return rate have dropped so low, as to justify a Wed. penny?
We'll just have to wait and see.
:confused:

[350zCommTech]

Looking ahead, the next predicted payday should be on Wednesday 3/12/08 (>75% chance), with a small chance (<25%) of paying on Tuesday 3/11/08. The new per annum rate for March is a whopping 3.375%.

I can't remember the last time it took 8 working days to post a penny.
IMO, the penny will come on Tuesday and I give a <1% chance on Wed.
Could the return rate have dropped so low, as to justify a Wed. penny?
We'll just have to wait and see.
:confused:

I show it paying on Tuesday with a slight chance of Wednesday.

[presskh]

I show it paying on Tuesday with a slight chance of Wednesday.

350z could be right. It just depends where your calcs were on the last pay day. Assuming the new 3.375% rate kicked in on March 1, my calcs have it most likely paying on Wednesday. Can anyone confirm that the new rates kick in on the first day of the month or is it the first business day? Also, it seems like I remember seeing somewhere on this board that the TSP calcs are carried out to 10 decimal places. I have not been able to confirm this anywhere on the web - can any of you guys confirm this? Since I use the default EXCEL 14 decimal places in my calcs, I will reset it to 10 if it is true.

Thanks.

[BlueMax]

The 10 decimal places, was a proposal. It has not been approved to date.

[350zCommTech]

350z could be right about. It just depends where your calcs were on the last pay day. Assuming the new 3.375% rate kicked in on March 1, my calcs have it most likely paying on Wednesday. Can anyone confirm that the new rates kick in on the first day of the month or is it the first business day? Also, it seems like I remember seeing somewhere on this board that the TSP calcs are carried out to 10 decimal places. I have not been able to confirm this anywhere on the web - can any of you guys confirm this? Since I use the default EXCEL 14 decimal places in my calcs, I will reset it to 10 if it is true.

Thanks.

I don't know exactly when the new rate takes affect, but I've been assuming the first business.

I've seen the paper that said TSP calculations are carried out to 10 decimal places. Somebody posted it in the I fund section. It's under section: § 1645.5 Calculation of share prices.

http://www.tsptalk.com/mb/showpost.php?p=149074&postcount=1

[presskh]

The 10 decimal places, was a proposal. It has not been approved to date.

Are you referring to the proposal to have the G-fund pay to 4 decimal places, instead of the current 2?

[presskh]

I don't know exactly when the new rate takes affect, but I've been assuming the first business.

I've seen the paper that said TSP calculations are carried out to 10 decimal places. Somebody posted it in the I fund section. It's under section: § 1645.5 Calculation of share prices.

http://www.tsptalk.com/mb/showpost.php?p=149074&postcount=1

Thanks for the info, 350z.

[BlueMax]

Are you referring to the proposal to have the G-fund pay to 4 decimal places, instead of the current 2?

Yes.

[squalebear]

It's taken 8.5 days every "penny day" since January 30.

Thanks Anidoc, I meant 7 "Working Days"
If the penny came on Wednesday, then
it would be 8 "working days" and I have
never seen that happen, as stated.

[logdoc]

350z could be right. It just depends where your calcs were on the last pay day. Assuming the new 3.375% rate kicked in on March 1, my calcs have it most likely paying on Wednesday. Can anyone confirm that the new rates kick in on the first day of the month or is it the first business day? Also, it seems like I remember seeing somewhere on this board that the TSP calcs are carried out to 10 decimal places. I have not been able to confirm this anywhere on the web - can any of you guys confirm this? Since I use the default EXCEL 14 decimal places in my calcs, I will reset it to 10 if it is true.

Thanks.

This rate is pretty horrible, and I have to wonder what happens when inflation takes off and the fed raises rates maybe at the end of this year. Personally I was hoping to see the G fund putting on about 4.5% a year to round out my retirement income as my last day approaches in June.

[nnuut]

Yeah, the good old days, I remember getting 8% in the "G" fund, had a 8% home loan and it was low. Had friends that financed houses at around 14% to 16%, FIXED. So now we're worried about the high interest rates?:laugh:
Those inflated credit cards are the only ones getting away with charging Rip-Off interest rates, 27%, HA, over my dead body!:nuts:

[BlueMax]

Life is what we make it! "Don't worry, be Happy".:):)

[nnuut]

Life is what we make it! "Don't worry, be Happy".:):)
I am HAPPY, JUST BITCHN' a little!!:D3462

[presskh]

Yeah, the good old days, I remember getting 8% in the "G" fund, had a 8% home loan and it was low. Had friends that financed houses at around 14% to 16%, FIXED. So now we're worried about the high interest rates?:laugh:
Those inflated credit cards are the only ones getting away with charging Rip-Off interest rates, 27%, HA, over my dead body!:nuts:

Yeah, low rates are a double-edged sword. At least I was able to refinance my home last month with a 15 year fixed rate of 4.375%.:)

[Braveheart]

I hope the G Fund Pays Tomorrow Tuesday - 3/11/08. It should but anyone else following this. Or is it Wednesday 3/12/08 THX

[squalebear]

G-Penny hits tomarrow, I was wrong

[Braveheart]

fool me once shame on you, fool me twice shame on me.

Why don't they just give 4 cents on the 1st of the month and stop playing games for the G Fund. Maybe that would cut down on IFT's now we have to wait 10 days. So 3 cents in 31 days for March and 3 cents in February !!!!

[Silverbird]

Why don't they just give 4 cents on the 1st of the month and stop playing games for the G Fund. Maybe that would cut down on IFT's now we have to wait 10 days. So 3 cents in 31 days for March and 3 cents in February !!!!How about 4 cents on the 25th so that if we have to duck into G as our last move we at least get something out of it?

[Silverbird]

I'd rather it be on the 1st or last day of the month so if we have to duck into G as our last move of the month we get in BEFORE it pays, not after.You're right. That makes sense. I think I'll get another cup of coffee.

[presskh]

Looking ahead, by my calcs, the next predicted payday is Friday, March 21 (est. 60% chance), with a decent possibility of paying on Thursday, March 20 (est. 40% chance).

[qibovin]

Looking ahead, by my calcs, the next predicted payday is Friday, March 21 (est. 60% chance), with a decent possibility of paying on Thursday, March 20 (est. 40% chance).With Friday as a merket holiday, but not a federal holiday, might the G fund be the only fund paying that day? Could be all jump over at Thursday COB and back again by Friday COB to be back in FCSI for Monday? Does anybody know? I want to make as many moves in March as possible before I get locked out.

[presskh]

With Friday as a merket holiday, but not a federal holiday, might the G fund be the only fund paying that day? Could be all jump over at Thursday COB and back again by Friday COB to be back in FCSI for Monday? Does anybody know? I want to make as many moves in March as possible before I get locked out.

The I fund might change, since not all overseas markets close for Good Friday. I think you should be able to to what you describe, as long as you are within our new trading limits.

[qibovin]

I think you should be able to to what you describe, as long as you are within our new trading limits.I'm away from home right now, but I suspect that there's a certified letter waiting for me. Anybody from USPS or legal background have an opinion on whether I should "accept" it or not? Do I have to sign for it? What's the proof that I got it?
Why not call TSP and ask, and post back here for everyone?:DI'm not sure that TSP and I are on speaking terms. Perhaps I should send them a certified letter with that question.:rolleyes:

[squalebear]

I'm away from home right now, but I suspect that there's a certified letter waiting for me. Anybody from USPS or legal background have an opinion on whether I should "accept" it or not? Do I have to sign for it? What's the proof that I got it?
I'm not sure that TSP and I are on speaking terms. Perhaps I should send them a certified letter with that question.:rolleyes:

I suspect they will only need proof that they sent it, to have their way.
:confused:

[presskh]

Looking ahead, by my calcs, the next G Fund payday will most likely be on Monday, 3/31/08 (>75% chance), with a slight chance (<25%) of paying on the previous Friday (3/28/08).

[presskh]

By my calcs, the next predicted G Fund payday will be on Monday, April 7th. The new per annum interest rate for April remains unchanged at 3.375%.

[presskh]

The next G fund payday, by my calcs, should be on Tuesday, April 15th.

[presskh]

The next predicted G Fund payday should be on Thursday, April 24th.

[Braveheart]

The next predicted G Fund payday should be on Thursday, April 24th.

Right on the $$ again. Looks like today is the big $0.01 ;)

[KCinKC]

I glanced at the TSP G-Fund History. Did anyone noticed that the last time we had 7 days with the same rate was back, late in May 2005 (May 31 though June 8)? I'm not sure why we have this obove average situation...:confused:

[presskh]

Right on the $$ again. Looks like today is the big $0.01 ;)

Oh well, I guess that beats the big -$0.01

[presskh]

Assuming the interest rate stays the same for May, the next most likely payout day is predicted to be Monday, May 5th, with a slight chance of paying the previous Friday, May, 2nd.

[luv2read]

Assuming the interest rate stays the same for May, the next most likely payout day is predicted to be Monday, May 5th, with a slight chance of paying the previous Friday, May, 2nd.
cinquo de mayo! ole!:D

[Viva La Migra]

Assuming the interest rate stays the same for May, the next most likely payout day is predicted to be Monday, May 5th, with a slight chance of paying the previous Friday, May, 2nd.
You should be ashamed of yourself, predicting the penny payday and taking advantage of the sheeple who never move their money out of the G fund!:D

[presskh]

You should be ashamed of yourself, predicting the penny payday and taking advantage of the sheeple who never move their money out of the G fund!:D

Right now, I'm one of the sheeple, just waiting for the long term market trends to signal getting back in the stock funds. Viva la' Bah! Bah!

[Viva La Migra]

Right now, I'm one of the sheeple, just waiting for the long term market trends to signal getting back in the stock funds. Viva la' Bah! Bah!
You're not one of the sheeple if you are looking for an opportunity to buy into the market. I've been in the G fund for a while now. Because of the FRTIB, I've missed this last rally.:mad: I may dip my toe in to test the waters here soon. I've only used one move this month and that was for capital preservation.

[presskh]

The new per annum rate for May has increased to 3.75% (we're in the money!). So, the predicted payday probability has been adjusted to about 50/50 odds of paying either today or Monday.

[presskh]

The next predicted payday is Monday, May 12th.

[presskh]

The next two predicted paydays are Monday, May 19th and Tuesday, May 27th.

[TRUEHONEST]

Presskh you been very accurate, more accurate than my calc. Please keep posting your G payday. THANK YOU!!!

[pgacker]

I just joined. What is a G Fund Payday and how do I take advantage of it?

[tsptalk]

Welcome. It is kind of a moot point with the new transfer limits, and the TSP (rightly so I might add) will be making an adjustment so that it can not be done anymore.

Basically we can make an educated guess as to what day the G fund will pay its penny gain. The new change will have the G-fund pay fractions per day rather than a full penny on a specific day.

The TSP made it clear in the new transfer limit rule, that they did not like this practice calling it "insidious behavior". I saw it more as smart investors doing their homework, understanding the system, and taking what they are given. But again, I am glad they are changing it. It should have been done the right way in the first place.

[Silverbird]

I didn't see it as "insidious behavior", I actually saw it as keeping from (metaphorically, my computer is fine:toung:) banging my head on the computer screen because I pulled my money out of G right before the payout. I agree with TSPTalk that this way is better and should have been done in the first place.

[squalebear]

PRESSKH,What are your estimated dates (June) for the almighty penny ? :confused:

[Rustynutt]

Don't know about ya'll, but the penny snuck up on my account today. Been wanting to get the remainder of my account all into G from F for some time, got out with a few F pennies tonight, but the quick penny on the G this week did cost a bit.

Tree farm is doing well, but it's back breaking, enough so to convince any IRS agent of hard work and dedication. Planting season is done, now time to move over to the motorcycle repair side of business. I predict a loss this year with the economy being the way it is. Been looking at compact tractors for before years end. Sorry if that's vague, been a while since I posted.

[presskh]

PRESSKH,What are your estimated dates (June) for the almighty penny ? :confused:

Looks like the odds are about 50/50 for a payout either Monday, June 9th, or Tuesday, June 10th. If it pays on Tuesday, the 10th, then it should also pay on the following two Tuesdays (17th and 24th). If it goes ahead and pays on Monday the 9th, then I will have to recalculate the next two paydays. The interest rate for June is 4.00% (whoopee!!!)

[squalebear]

Thanks Bro ! :)

[rdodson]

I noticed that TSP states the fund shares are going to four decimal points starting July 1....so how does this affect the frequency for the G fund value increase to our account? :blink:

[squalebear]

I noticed that TSP states the fund shares are going to four decimal points starting July 1....so how does this affect the frequency for the G fund value increase to our account? :blink:

Its believed that the TSP will valuate your (G) Fund on a daily basis.
The goal was to stop participants from jumping into the (G) for a penny
and then move out. By giving you a fifth or sixth of a penny each day,
they believe it will stop the behavior. It starts July 1st (strange enough)
which falls on a Tuesday (strange enough). Until then, its anyones guess.

[luv2read]

Sneaky suspicion they're starting it July 1, and announced the change after 12 NOON this past Monday, so that shareholders didn't have any advance warning to move into G on Monday and get the last full penny payout yesterday. Screwed again!:mad::p

Every day's a G Payday starting July 1. Whoopee 1/6 cent!

[squalebear]

Every day's a G Payday starting July 1. Whoopee 1/6 cent!

sometimes 1/6 ,,,, sometimes 1/5 ,,,, sometimes 1/4 :nuts:

[JTH]

I must admit, I'm going to like the new G system more the the old system. I don't want any of my decisions to be based on catching the G penny.

[squalebear]

I must admit, I'm going to like the new G system more the the old system. I don't want any of my decisions to be based on catching the G penny.

I somewhat agree, there were too many times that my money in the (G)
just sat there unproductive. But we still have to wait and see what they
do. Just when we find a positive in a move by them, somehow, someway,
they mess it all up.
:confused:

[Braveheart]

I must admit, I'm going to like the new G system more the the old system. I don't want any of my decisions to be based on catching the G penny.

The problem is the G Penny may be the only decision we have. I was going to move to the S & I Funds yesterday but smelled a rat so I held off. Right now the best move I made was not making one that would have cost me $15,000 in a single day.

I will look to get back in at below 11,000 that is where the dow appears to be heading. It could happen by tomorrow the way things are unfolding.

The Fed got it wrong and should have raised rates either way the market would take a hit but the dollar would gain and Oil would be lower. He just gave the big boys 2 free months to run up the price.

[luv2read]

LOL he's just doing what hes been told to do by the financials and big oil. Don't whip poor ol ben.:p

[Silverbird]

Heh, if he had raised rates, the Market would have blamed him for the downturn; as if it wasn't already happening before the announcement. :cool:

[hessian]

The Fed got it wrong and should have raised rates either way the market would take a hit but the dollar would gain and Oil would be lower. He just gave the big boys 2 free months to run up the price.

Braveheart, FWIW, I saw your post on thisa couple days ago, and thought YES, this is what the Fed needs to do. After all, anyone can see that our markets move according to the price of oil! The biggest problem now is the high price of oil, and the current Fed. rate is directly related to the [super] weak dollar. Its not the cause of all our problems in equities, but our currency value is a major factor in this, and other world markets and their currencies. Solve the oil (price) problem, & the rest fixes itself!!

How? by the .50 rate increase, suggested!! The oil bubble would have burst! IMO, the .50% hike you suggestested would likely have spanked the market, shorterm, but with oil's immediate retreat, the troubled equity markets would have quickly recovered. But L2R is right, Ben's in bed with big oil, financials, (and, well, lets just say it straight out) -ignorant politicians. I liked the .50 cal solution! Oh well. :(
VR

[Braveheart]

Braveheart, FWIW, I saw your post on thisa couple days ago, and thought YES, this is what the Fed needs to do. After all, anyone can see that our markets move according to the price of oil! The biggest problem now is the high price of oil, and the current Fed. rate is directly related to the [super] weak dollar. Its not the cause of all our problems in equities, but our currency value is a major factor in this, and other world markets and their currencies. Solve the oil (price) problem, & the rest fixes itself!!

How? by the .50 rate increase, suggested!! The oil bubble would have burst! IMO, the .50% hike you suggestested would likely have spanked the market, shorterm, but with oil's immediate retreat, the troubled equity markets would have quickly recovered. But L2R is right, Ben's in bed with big oil, financials, (and, well, lets just say it straight out) -ignorant politicians. I liked the .50 cal solution! Oh well. :(
VR

One has to wonder where do we go from here Hession the only way to kill this in it's tracks would be for Ben to step up and raise rates in an Emergency Fed Meeting this weekend. It would look like a panic move and it should because the ECB is going to kill us next week if they raise rates. At least beat them to the punch and at the same time the speculators would take a beating overnight. I would rather see the Market at 10,000 and on it's way to recovery with a strong dollar and Oil below $100. Right now anyone with an IQ above GW & Ben knows we can't wait 2 months or until next year. They should raise it .50 immediately and also announce that more is to come depending on how the Market outlook is. JMO

[luv2read]

They should never have cut rates OR bailed out BSC, but you can't take back what's been done. They can undo the rate cuts by raising rates, but the damage has been done and THAT can't be undone. Income, savings, homes, and jobs are gone for a lot of people, and can't be replaced for many of them.

[Gumby]

Originally Posted by Braveheart http://www.tsptalk.com/mb/images/buttons/viewpost.gif (http://www.tsptalk.com/mb/showthread.php?p=169269#post169269)
The Fed got it wrong and should have raised rates either way the market would take a hit but the dollar would gain and Oil would be lower. He just gave the big boys 2 free months to run up the price.


Truer words have never been spoken. Yes, the market would have taken a hit but it was going to happen anyway. $150 oil is now a sure bet. The big boys will make more billions in the next few months at the expense of the small guy.:sick:

[Rustynutt]

Looks like G fund got a full penny today.

For an outfit that thinks they are so smart, a decent programmer would have left the initial display to read 2 decimal points, with a simple overlay of the mouse cursor displaying 4 places.

It a PITA to read this way. What do they think we are, accountants? :)

[luv2read]

and what was the point of going to 4 decimal places if they are continuing to pay the whole penny? All of the information in the minutes, rule and on TSP.GOV said G Fund would be paid daily to 4 decimal places....oh well, by their accounting .5100 is paying to four decimal places - but daily? Let's see...so we are going to get .5100 a day? I better get my IFT done!

[Gumby]

and what was the point of going to 4 decimal places if they are continuing to pay the whole penny? All of the information in the minutes, rule and on TSP.GOV said G Fund would be paid daily to 4 decimal places....oh well, by their accounting .5100 is paying to four decimal places - but daily? Let's see...so we are going to get .5100 a day? I better get my IFT done!


I believe that did that because a full penny was due to be paid since it had been about a week since the last payout. I anticipate the fractional penneys to start showing up this week.:)

[luv2read]

and so they have.:toung:

[presskh]

and so they have.:toung:

And so ends my periodic updates on projected G fund paydays. It's really better this way, in my opinion.

[squalebear]

And so ends my periodic updates on projected G fund paydays. It's really better this way, in my opinion.

But wouldn't the price fluxuate just the same as it has all along.
In other words. Will it take 6 days, will it take 5 days, based on
a rate that periodically changes. Preekh, I for one, always kept
an eye out for your updates. Until we become more familiar with
with the 4 digit system, would you share your penny predictions
with us, just a little bit longer? :embarrest:

[presskh]

But wouldn't the price fluxuate just the same as it has all along.
In other words. Will it take 6 days, will it take 5 days, based on
a rate that periodically changes. Preekh, I for one, always kept
an eye out for your updates. Until we become more familiar with
with the 4 digit system, would you share your penny predictions
with us, just a little bit longer? :embarrest:

Bear,

As I understand it, there will no longer be any even penny payouts. The payout in the G Fund will be on a daily partial-penny basis, rather than "saving up" for a week or so. Now, since they are only showing 4 decimal places on the TSP website and the payout is actually calculated to 10 decimal places, there may be a very slight adjustment every so often to bring the website price in line with the calcs, but it's not worth worrying about.

[saturneptune]

Maybe someone can answer this, as I do not understand the day to day returns of the G fund. If it takes 4-6 days for one penny, why did the daily rate just go up .1 yesterday? One would think it would be .2+ or so. Does it flucuate day to day? Does it go up on weekends? Thanks for any response.

[squalebear]

Bear,

As I understand it, there will no longer be any even penny payouts. The payout in the G Fund will be on a daily partial-penny basis, rather than "saving up" for a week or so. Now, since they are only showing 4 decimal places on the TSP website and the payout is actually calculated to 10 decimal places, there may be a very slight adjustment every so often to bring the website price in line with the calcs, but it's not worth worrying about.

On my spreadsheet, I enter the closing price for all the funds.
I've changed the Funds within my tracking to 4 decimals but
find that I must now wait until after 7:30pm to get the closing
prices for accuracy.

With knowing if the (G) would accumulate a full penny in 5 days,
I could add 0.002 to each days (5 x 0.002=.01) closing price. If
the eventual penny would come in six days, then I could simply
add 0.00166 to each day. (all in advance). Thats why I asked
for updates originally, to find out if the next penny would come
in 5 or 6 days based on the current rate of return.

I totaly understand that the payout is now daily, but I was trying
to make all the tracking I'm doing a bit easier.
:)

[squalebear]

Maybe someone can answer this, as I do not understand the day to day returns of the G fund. If it takes 4-6 days for one penny, why did the daily rate just go up .1 yesterday? One would think it would be .2+ or so. Does it flucuate day to day? Does it go up on weekends? Thanks for any response.

It didn't go up .01 cents yesterday, it went up 0.0013 partial cent.
Weekend question is a mystery to me too. If it stays that way until
a penny is made, right now, it would take 7.69 days? Curious !

[squalebear]

If I'm right, they are counting Saturday and Sunday in their calculations.
Thats maybe why its accumulating a full penny in 7.69 days. That would
mean on Tuesday, a full penny would have been accumulated.

[Braveheart]

Well the G Fund is kicking ass and taking names this year.

The options are sit in the G Fund make 4 cents a month or move to any other fund and lose 30 cents a share per day. Wait for the bottomless pit and enter at some point just won't be today because we are going below 11000 folks and it could be fast right down to 10000 :nuts:. IMO -

You have worked hard for your money so be careful -

Best of Luck Braveheart :cool:

[squalebear]

http://www.tsptalk.com/mb/showpost.php?p=171311&postcount=670 :)

[jawmbi]

As Oddball in Kelly's Hero's would say, "always with the negative vibes baby."

[squalebear]

As Oddball in Kelly's Hero's would say, "always with the negative vibes baby."

I'm guessing your response is pertaning to the post below mine.
If true, use the quote button to avoid confussion. The information
I provided within the link I posted, was positive in nature. By the
way, Kellys Heroes was a cool movie. But I like Clint's spaghetti
westerns (with LeeVan Clef) just a little more.:nuts:

[squalebear]

SOMETHING FOR THE (G) FUND READERS TO SEE. IT WAS POSTED
WITHIN MY THREAD JUST MOMENTS AGO. I HOPE YOU FIND IT INTERESTING !
;)
http://www.tsptalk.com/mb/showpost.php?p=173194&postcount=894
:)

[Zebra]

As Oddball in Kelly's Hero's would say, "always with the negative vibes baby."

Had I not just watch this movie last night, I would not have a clue as to what you meant concerning negative vibes!:laugh:

[Corepuncher]

SOMETHING FOR THE (G) FUND READERS TO SEE. IT WAS POSTED

WITHIN MY THREAD JUST MOMENTS AGO. I HOPE YOU FIND IT INTERESTING !
;)
http://www.tsptalk.com/mb/showpost.php?p=173194&postcount=894

:)



Thanks my friend. I'm glad you noticed this Monday bias!

[squalebear]

Thanks my friend. I'm glad you noticed this Monday bias!

Your most welcome ! :)

[squalebear]

ESTIMATED CLOSING PRICE OF THE (G) FUND FOR AUGUST 5TH, 2008 IS

$12.5574 per share
or
+.0014 tsp cent
:)