Thread: Fund Prices

What do you care? You were in G fund! Yesterday I went 80% G fund and wish I would of done 100% G fund.

:shock: C fund was up 1.9%, S fund was up .03 and I fund was up 5.46%





THE TSP TICKER
mlk_man wrote:

Since the TSP website is down, I assume they won't be updating the price per shares.

Does anyone know how the indices ended up yesterday? As best I can figure, the C was up .22%, the S was down about .32%, and the I was up about 15%. Is this about right?

MarketTimer wrote:

What do you care? You were in G fund! Yesterday I went 80% G fund and wish I would of done 100% G fund.

:shock: C fund was up 1.9%, S fund was up .03 and I fund was up 5.46%





Daily Change:
1.90
5.46
0.03



THE TSP TICKER
mlk_man wrote:

Since the TSP website is down, I assume they won't be updating the price per shares.

Does anyone know how the indices ended up yesterday? As best I can figure, the C was up .22%, the S was down about .32%, and the I was up about 15%. Is this about right?

MarketTimer wrote:

What do you care? You were in G fund! Yesterday I went 80% G fund and wish I would of done 100% G fund.

:shock: C fund was up 1.9%, S fund was up .03 and I fund was up 5.46%





THE TSP TICKER
mlk_man wrote:

Since the TSP website is down, I assume they won't be updating the price per shares.

Does anyone know how the indices ended up yesterday? As best I can figure, the C was up .22%, the S was down about .32%, and the I was up about 15%. Is this about right?

You big dummy. No way was the C fund up 1.9% yesterday. Maybe 1.9 cents?

mlk_man wrote:

Since the TSP website is down, I assume they won't be updating the price per shares.

Does anyone know how the indices ended up yesterday? As best I can figure, the C was up .22%, the S was down about .32%, and the I was up about 15%. Is this about right?

None of the share prices will change at all, because no trading is being done with the assets during the closure.

jwlane wrote:

mlk_man wrote:

Since the TSP website is down, I assume they won't be updating the price per shares.

Does anyone know how the indices ended up yesterday? As best I can figure, the C was up .22%, the S was down about .32%, and the I was up about 15%. Is this about right?

None of the share prices will change at all, because no trading is being done with the assets during the closure.

Friend of MT's? I mean Harley? I mean, you guys related? If you knew what you were talking about, you'd realize how stupid your comment is. I guess I'll bother with a reply. Is the stock market on vacation too? If you have a system and don't play "well I did this the other day and told my mother, you ask her", you need to know what the share prices are so you can you can input them. Guess maybe some employees at TSP don't have anything to do since yesterday, so perhaps I was right all along. Huh MT? You people think we are so stupid it's funny. Get back to work please.......

I'll explain in a slightly less abbrasive way :P...

Fund price per share is based upon the value of its holdings and how those holdings are performing. Those holdings are either stocks (C, S, I) or bonds (F). It really doesn't matter what people are doing within the TSP system. The amount of people and money involved isminiscule when compared to what's happening at the market level.

This is why, for example, you'll notice the change in the share price of the C fund on a particular day comes very close to the change in the S&P index.

[align=right]1,120.80
1,126.04
1,120.37
1,123.50
1,305,280,000
1,123.50

15-Sep-04
1,125.67
1,128.33
1,119.75
1,120.37
1,696,930,048
1,120.37

14-Sep-04
1,125.96
1,129.35
1,124.74
1,128.33
1,566,360,064
1,128.33

13-Sep-04
1,125.57
1,129.79
1,123.35
1,125.82
1,712,109,952
1,125.82

10-Sep-04
1,117.35
1,125.16
1,114.50
1,123.92
1,640,829,952
1,123.92



Date
Open
High
Low
Close
Volume
Adj Close
[/align]
S&P 500 Index from Yahoo...

You are correct, the stock market is not on vacation. The people responsible for trading the TSP assets is. As explained to me by them months ago (when I inquired why the early trading cut-off time), every day they trade in the tracking funds according to the transfer/reallocation/purchase transactions by TSP members that morning. If there are no transactions, no trading will occur. There will be no change in fund prices from the 13th until the day transactions are again accepted.

And I'm not MT. I'm new to the board and only wish it could be run like a real investment fund.

I am not new to this sight and have been following it since Tom started it even though I have never posted. I believe that there is no transactions taking place at the moment but it will be updated after their return as the funds follow their respected markets. It would be ironic if those in stocks do not get the value of that stock on the 20th. The markets are still fluctuating even though TSP is closed. The sad part is no one can make an interfund move until that time so someof us missed out ongetting in Wednesdays dropbutthe market will give us another chance it always does.

A similar situation exists on the 2 federal holidays when the TSP is closed but the markets are open (Veterans Day, Columbus Day). No transactions, no change in share price. I guess on Good Friday the TSP folks take a long lunch, since the markets are closed but it's not a federal holiday.

That sounds like total BS. Right now, no new transactions are taking place with the TSP funds. However, that does not change their current holdings.

Let's say you hold 300 shares of a mutual fund. Now let's say the management goes on vacation and makes no new acquisitions/sales for a few days. It doesn't matter that the fund manager is not trading during this time.The fundvalue will continue to fluctuate according to what its holdings are and how they are performing in the market at that time.

The same rule applies to the TSP funds. Just because we can't make any transfers right now does NOT mean that the funds will hold their September 13th value through Monday. The price of the shares will follow what the market is doing.

If you don't believe this, where exactly do you think our money is that is invested in these funds?


I'd also be curious to know what Tom's take is on this.