"I watch the current loan interest rate to determine the current rate that the G fund is paying.
Let's say it is currently 4.875%. That means it's paying .0134% per day
(4.875% / 365).
With the G fund currently 11.77, that means we make .00158 cents a day.
Divide a penny by .00158 and you get 6.33.
That means we should be getting the penny every 6.33 calendar days on
average, until the loan rate changes again."
He's referring to the loan rate offerred by TSP. If you take a loan out of your account, you still pay an interest rate.
http://tsp.gov/curinfo/data.html
Shows a loan rate of 2.75% as of today. Ouch!
THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
Tracker = Check my position
thanks for the explanation. So if my math is right, that means a penny every 10.41 days.
Wow. I just retired and my estimates were all based on something like 3.75% annual rate of return in the G fund. Hmmm. Time for some rethinking there. Along with some returns in the C, S & I. But mostly G.
Is todays's G fund increase an error? It is up .0015 today.
I will take the extra money gladly.
Corvette
retired 2007
Is it just me or has the G-fund rate gone down?
It appears to have paid out just .0015 over the last three days.
Just a note: It would appear that the Fund Managers have made a change
(possibly temporary) on how they are paying out the (G) Fund. On Friday
the (G) paid out 0.0015 TSP Cents instead of its traditional .0007-.0008
TSP Cents. Today, the (G) Fund paid out 0.0015 TSP Cents as well, in lieu
of its traditional 0.0022-.0023 TSP Cents.
Current Loan Rate remains at 2.125% and I'm sure the figures will result in
the same (G) Fund payout overall. But this is something different then the
norm and I wanted it to be brought to your attention. Maybe this was a
move to change the status quo and avoid timing of the Monday's normally
higher return. Anyway, I thought you'd like to know.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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