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Petition to Increase # of Interfund Transfers!
One of our members has created a petition to request an increase in the # of IFTs we can use per month.
Please Sign the Petition
... and pass it along to anyone you know who may be interested. Apparently you don't have
to be a government employee or a military member to sign. (Discuss Here). Thanks!
Please make sure you confirm the signature by checking your email after signing.
This and that about the market, the TSP, maybe some politics, and life.
New years tend get off to a wild start and 2017 was no exception. We saw it all... A big gap up with a continued surge in the indices in very early trading. The Dow was up about 175-points within 30 minutes or so. By noon ET almost all of those gains were gone. It wasn't looking good but the selling dried up by the last 90-minutes of trading and we saw the indices rebound to close somewhere in between but close with solid gains.
Stocks rallied again on Wednesday getting 2017 off to a very good start. The Dow gained 60-points while the S&P 500 performed slightly better, the Nasdaq outdid them, and small caps piled on even more. The I-fund's negative price on Tuesday meant Wednesday's price was likely going to be very good and as you can see, the I-funders were not disappointed. That's fair value adjustments for you.