Today is shaping up rather nicely for the (I) FUND!:^
Does anyone know which foreign markets will be open on Christmas Eve???
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
Thanx WW!
Looks like the Asian markets will be open on Christmas Eve. I figured they would be.
Might as well be invested somewhere on that day, instead of "sit'n it out".
Is the TSP office closed on Friday? I can't find anything on their site.
Happy Christmas!:^
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
I had to call them the last holiday - too early in AM to call right now.
The I FUND is acting funny again...
The EAFE was UP 0.70%
YET
The I FUND was down 5 cents.:P
Must have been those smalllosses within the Asian markets.
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
The dollar went up yesterday, and that probably did it.
watching bloomberg early this morning (3.00am) before work, they're saying the euro will hit 1.40 and the sterling will hit 2.00 sooner than later.any ideals when sooner is (when to jump in the I fund)
They - like us - are guessing.
If currency wasn't such an important factor in the I fund, there'd be little sense investing in it. Europe's current growth rate isn't very good (<0.5% in the 3rd Qtr). Short-term, the dollar can do anything (it was up yesterday, I think). In the intermediate (read: 1-3 months) term, it'll probably drop some more. Long-term, it'll climb back up, since our interest rates are climbing steadily and our economy continues to grow. I would guess this will happen late next year.
Pogo, I made a killing Monday in theI fund and Tuesday in the S fund. I switched toS fund on Tuesday and still do not understand how I got an extra positive kicker. It had to be a trailing tailwind as Tom ids such. Note today, even though EFA posted a minor gain, on the TSP historical chart, it turned out to be a fine day. I am back to 100% I fund on Friday.
You guys are just great - Tom, Rod and all of you. Missed my plane but I'm hype!!
Bloomberg is great, especially the Early Asian and European openings when they have "others"giving an unbiased assessment of the US economy and where to play. Tom has it right.
Mike - thanks also. Always there making a valid contribution.:^
Hey guys, since the US markets are closed on Friday, how many of you besides smedlap will be heavily invested in (I).
I'm thinking of it myself... but do I want to be there come Monday since I won't be able to make an IFT tomorrow???
Hummm...
Any thoughts?
"You rise. You fall. You're down then you rise again. What don't kill ya make ya more strong."
- Metallica
Hey Rod,
The dollar issomewhat rangebound at the moment, meaning the "I" fund will bemore volatile. I suspect that the market data we've been seeing has had a positive effect on the dollar and has helped prop it up to some extent.And like Mike and Smedlap, I think it will fall some more yet. I'm also inclined toagree with Mikeand his views for 2005 and the "I" fund.
I've read several scenarios in the media on what might happen to the dollar, but likeso much else in thefinancial market it's all speculation. I'm looking for a buy opportunity, but not until after the holidays. Good luck!
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