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Thread: moneymikem's Account Talk

  1. #1
    moneymikem is offline TSP Starter
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    Default moneymikem's Account Talk

    Monday I think I'll be in the F for 75% and G 25%. It looks like the F fund is doing a little something. Why not give it a try!


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  3. #2
    nnuut's Avatar
    nnuut is offline Moderator | TSP Legend
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    Default Re: moneymikem account talk

    moneymikem, welcome to the Message Board. Best of luck!!
    Norman
    Links Crude Settle$89.90 05-23-2012
    -1.76 loss

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  5. #3
    moneymikem is offline TSP Starter
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    Cool Re: moneymikem account talk

    Thanks nnuut for that nice welcome. I've just started in here and feel like there is a lot to be learned from others. Every day it seems like something helps me learn more about when and where you have your account. I have shown a couple of guys at work the forum. They should be getting in here around the first of the year. We're always wanting to see how each other has done. The competition is fun but we still hate to see someone lose after a hard battle to win it back. I think I'm going to be in 100% G for Tuesday. I'm within 5% of my personal goal so I'm trying to get a little here and there but not get too aggressive. Any suggs for the holiday? Mike

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  7. #4
    nnuut's Avatar
    nnuut is offline Moderator | TSP Legend
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    Default Re: moneymikem account talk

    Tough time for the Markets lately Mike. I suggest you be very careful, don't try and jump in the Market at the 1st little bounce or big bounce as you can see by this week. Wait until a turn around is evident, you don't have a turn around in one day. To establish a trend there must be at least 2 and it is recommended 3 points to establish a trend. Even at that it can turn around and head back down in a snap. Check out the S&P ("C" fund). Be nimble.
    Norman
    http://stockcharts.com/h-sc/ui?s=spx...d=p55192775979
    Links Crude Settle$89.90 05-23-2012
    -1.76 loss

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  9. #5
    moneymikem is offline TSP Starter
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    Default Re: moneymikem account talk

    It is sometimes hard to move at the right time. I usually get distracted by something here at home before I want to make my move. I'll just have to plan other things after moving. I work 2nd shift so at least I can watch the market during open hours. I'll keep a watch on the C fund.

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  11. #6
    moneymikem is offline TSP Starter
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    Default moneymikem's account

    I'm in for 25% G and 75% F for Monday 11/19.

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  13. #7
    EW_ret's Avatar
    EW_ret is offline Retired Tracker
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    Default Re: moneymikem's Account Talk

    This is where you post your fund allocations, invstment strategy, and talk about your TSP account and the markets. I have created your user profile in the Automated Tracker so you can start entering fund allocations and IFTs. Good investing!

    Quote Originally Posted by moneymikem View Post
    I'm in for 25% G and 75% F for Monday 11/19.

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  15. #8
    moneymikem is offline TSP Starter
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    Cool Re: moneymikem's Account Talk

    I'm going to go to the G fund 100% for Tuesday so I'll at least pick up the G penny. Not sure about tomorrow.

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  17. #9
    presskh is offline TSP Talker
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    Default Re: moneymikem's Account Talk

    Quote Originally Posted by moneymikem View Post
    I'm going to go to the G fund 100% for Tuesday so I'll at least pick up the G penny. Not sure about tomorrow.
    My calcs show the G Fund paying today, not tomorrow.


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  19. #10
    moneymikem is offline TSP Starter
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    Default Re: moneymikem's Account Talk

    How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike

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  21. #11
    presskh is offline TSP Talker
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    Default Re: moneymikem's Account Talk

    Quote Originally Posted by moneymikem View Post
    How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike
    Mike,

    I assume a daily interest rate equal to current annual interest rate (4.5%) divided by 365 days. The interest compounds daily and I assume that TSP does not give us the penny until the interest is either at or over the next penny increment. Since we do not always know TSP's exact internal number, due to rounding differences, there is sometimes a question as to the exact payday. However, I do not believe this is the case for this payday.

    Keith

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  23. #12
    presskh is offline TSP Talker
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    Default Re: moneymikem's Account Talk

    Quote Originally Posted by moneymikem View Post
    How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike
    BTW, the G fund payout should be on Monday for at least the next 5 Mondays after today, due to the weekend days.

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