Likes Likes:  0
Page 2 of 4 FirstFirst 1234 LastLast
Results 13 to 24 of 40

Thread: How SAFE is the G Fund?

  1. #13

    Default Re: How SAFE is the G Fund?

    Quote Originally Posted by Prozium View Post
    What if they are nationalized?
    If they are it's for our protection.

    From the few posts you've made you sound like someone who is very grounded and knows quite a bit.

    We have 2 banking systems - Conventional - which are highly regulated; restricted in risks they can take; have ready access to credit from the Fed, and their deposits are insured by the taxpayer.

    Then we have THE SHADOW BANKING SYSTEM - the majority of our current crisis stems from this.

  2.  
  3. #14

    Default Re: How SAFE is the G Fund?

    I owned Anglo Irish Bank it was nationalized and my 1000 shares are now worth $0.

    UK is in worse shape then Ireland.

    Darling Says U.K. Downturn Is Worse Than Expected
    http://www.bloomberg.com/apps/news?p...g&refer=europe

    It does not give me a warm fuzzy that Barclays is comforting the TSP Board. We seen that show before.

  4.  
  5. #15

    Default Re: How SAFE is the G Fund?

    Quote Originally Posted by Prozium View Post
    I owned Anglo Irish Bank it was nationalized and my 1000 shares are now worth $0.

    UK is in worse shape then Ireland.

    Darling Says U.K. Downturn Is Worse Than Expected
    http://www.bloomberg.com/apps/news?p...g&refer=europe

    It does not give me a warm fuzzy that Barclays is comforting the TSP Board. We seen that show before.

    Sorry my friend I misunderstood.

    The Shadow Banking System has to be dealth with and in a very big manner. I've been way more focused on them - and how to deal with them - because I've been forced to see the overall picture.

    I can't say anything about where stocks to particular banks and similar institutions will be in the near future. I did try to alert Birch about Fannie Mae - and make known it was going to be a government entity. That brings fond memories of Luv2read - who is one of my all time favorites. Anyway we have a little dispute.

    Perhaps the best advise I could give - is look at what happened when the bank you owned became nationalized...

    GL

  6.  
  7. #16

    Join Date
    Apr 2008
    Location
    Mississippi
    Posts
    2,045

    Default Re: How SAFE is the G Fund?

    As safe as:

    "backed by the full faith and credit of the U.S. Treasury"

    What does that mean, exactly, when they can print as much money as they need to float the banks?

  8.  
  9. #17

    Default Re: How SAFE is the G Fund?

    Quote Originally Posted by Steadygain View Post
    That brings fond memories of Luv2read - who is one of my all time favorites.
    Luv2read - I hope you noticed the above...


    just when I thought I'd never hear from you again...

  10.  
  11. #18

    Default Re: How SAFE is the G Fund?

    Quote Originally Posted by luv2read View Post
    As safe as:
    Britain was just three hours away from going bust last year after a secret run on the banks, one of Gordon Brown's Ministers has revealed.

    City Minister Paul Myners disclosed that on Friday, October 10, the country was 'very close' to a complete banking collapse after 'major depositors' attempted to withdraw their money en masse.
    http://www.dailymail.co.uk/news/arti...-collapse.html


  12.  
  13. #19

    Join Date
    Dec 2007
    Location
    inland Northwest
    Posts
    4,124

    Default Re: How SAFE is the G Fund?

    I have no idea how Brit banks are structured as far as connectivity between investment banking arms vs. traditional deposit-lending arms. Glass-Steagall was repealled here which removed that firewall established during the GD for banks here.

    Perhaps the Brits still have a firewall in their banking system and that's why our funds are supposedly separate even from other invested funds as well as separate from checking/savings deposits arena? Anyone know?
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard

  14.  
  15. #20

    Default Re: How SAFE is the G Fund?

    On the other hand, nowhere in the major developed world are the problems more complex and potentially out of the government’s control as the UK. Virtually all of the ills hitting the US today are similar in the UK (massive debt build up, real estate bubble, income and employment collapse). But, on top of that, the UK shoulders an incredible share of the global banking crisis. Roughly speaking, the US and UK banking systems are about the same size in dollar terms, but the economy and government’s ability to absorb the losses are of radically different sizes. Our extremely rough estimates of aggregate banking system losses in the US are $1.8 trln compared with about $1.9 trln in UK banks.
    http://www.jsmineset.com/wp-content/...bwam012609.pdf

  16.  
  17. #21

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,391

    Default Re: How SAFE is the G Fund?

    Looks like I lost % money (shares) in the "G" Fund?
    Can anyone expain this? Probably due to rounding, but I never saw my "G" drop before?
    Attachment 5536
    Attachment 5537
    Attachment 5538
    Last edited by nnuut; 01-27-2009 at 11:37 AM.



  18.  
  19. #22

    Default Re: How SAFE is the G Fund?

    Nnut,

    It is because your c & S funds gained in value on 1/26/09 and your G fund didn't gain much which made the G fund percentage go down.

  20.  
  21. #23

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,391

    Default Re: How SAFE is the G Fund?

    Quote Originally Posted by Gumby View Post
    Nnut,

    It is because your c & S funds gained in value on 1/26/09 and your G fund didn't gain much which made the G fund percentage go down.
    Oh yeah, it's listing what % I have in the "G", "S" and "C" I gained more in the "C" and "S" !! DUH!! Too many meetings today!!!



  22.  
  23. #24

    Default Re: How SAFE is the G Fund?

    Found this story extremely interesting:
    Britain is facing return of three-day week

    http://www.independent.co.uk/news/uk...k-1515307.html

    Tens of thousands of businesses are already planning to scale back working hours this year in an effort to stay afloat.

  24.  
Page 2 of 4 FirstFirst 1234 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
How SAFE is the G Fund?
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
How SAFE is the G Fund?
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
How SAFE is the G Fund?
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
How SAFE is the G Fund?
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes