TSP Starter
Ift?
I'm confused can you help?
I was in I fund at close of Monday Aug. 28th, I made a IFT before close of today to S fund and F fund (Aug. 22nd). Do I get the share price of the I fund at close of business day today or do I get the share price of S fund and F fund?
Somewhere I saw that you should buy low and sell high. Does this apply to these funds when you make a IFT. Is this a stupid question or what? Thanks
TSP Guru
Re: Ift?
If your IFT was before the 12 noon (ET) deadline today you get sell price at the close for today for the I fund and you will buy the S and F for todays close price.
If after 12 noon (ET) you will still be in the I fund get the price at the close tomorrow and the buy price for the S and F fund at the close tomorrow.
Clear as mud!
Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
TSP Starter
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