Thread: Rod's Account Talk

Originally Posted by wahinepio

Rod, I have a kindergarten question if you would please? On March 9, at COB 1600 hrs, AGG showed -.13. I did see after hours trading in the green, spoke with the TSP rep who clarified that 1600 was cut off time for that day. Lo and behold on March 10, I see final results with F at .33. That was surprisingly unexpected and completely made my day as verified in my account. Does TSP in fact credit after hours trading to that same day? If not, how did that happen? Since you were there. Or could this be an anomaly that FWM alluded to? Thank you for your time.

There always seems to be some confusion as to why it is priced the way it is priced @ COB. I recall this being discussed in the mid 2000's on here. But it's been too long ago for me to recall specifics. But, I don't believe they credit after hours. Perhaps you should ask that question on the F Fund topic. There are folks there who track these sorts of things more closely than I do.

Interesting...

Mr. Market might drop another 15%...

Goldman says the bull market will end soon with stocks dropping another 15% from here

Goldman Sachs’s top U.S. stock strategist said Wednesday that the longest bull market in American history will meet its demise soon with equities seeing significant losses beyond what they’ve already suffered over the last three weeks.

Kostin did say, however, that he expects a rebound in the back half of 2020 to boost the S&P 500 to 3,200 by year’s end, 11% higher from current levels.

Read more here...

https://www.cnbc.com/2020/03/11/gold...15percent.html

Wahinepio...very short answer, leaving out numerous gripes...it is because the tsp does not actually manage the funds. F fund is currently managed by black rock. That means that their “books” are what matters and any after 1600 adjustments are because the tabulations are still underway by their managers (or software). They then “tell” the tsp what the closing price is.

I get ticked off about this because it basically means we don’t have any managers on our side to look out for our profits Just a bunch of board members collecting multiple 6 figure checks and then having a private company do the work. And then they post reminders when things go to crap to “follow your plan”.

I think Rod remembers right...this was hashed out back in the late 2000’s around here but I recall it mostly was addressing the fv on the I fund and how we were regularly getting screwed out of profits.

The WHO has now officially declared COVID-19 a Global Pandemic.

Let's see if Mr. Market reacts to the news...

You guys are awesome! 👏 thanks again. i appreciate all your expertise (gripes included). my insurance guy, now retired, informed me Blackrock by far best one in the nation. i forgot there were other topics. i've been self-quarantined in here gleaning immensely. i'll def take a peek but i'm sure i'll head right back here. where am i?

Originally Posted by Rod

Of course, if you mimic my moves, you do so at your own risk! But then again, you already know that.

Do I blame you if I followed your move and made money because it was the perfect day to get out of F? Thanks!

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Yes, indeed it was! It is nice to make a correct move from time to time. And this one likely saved me nearly 3% so far. We shall see this evening when share prices post. Thank you for the positive feedback!

Originally Posted by tom4jean

Do I blame you if I followed your move and made money because it was the perfect day to get out of F? Thanks!

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Food for thought...

Might things get so bad with the spread of COVID-19 that trading halts altogether? Think 9/11. Trading was halted for 6 days. But, it could be longer this time around. Especially if the majority of "Wall Street" is sickened.
Only time will tell.

Nah. Wall Street only closed for 9-11 because the damage was right down the street, there was physical damage that needed to be cleared before they could get back to trading.

Here- they can let the computers trade without people if they need to now.


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Originally Posted by Mcqlives

Wahinepio...very short answer, leaving out numerous gripes...it is because the tsp does not actually manage the funds. F fund is currently managed by black rock. That means that their “books” are what matters and any after 1600 adjustments are because the tabulations are still underway by their managers (or software). They then “tell” the tsp what the closing price is.

I get ticked off about this because it basically means we don’t have any managers on our side to look out for our profits Just a bunch of board members collecting multiple 6 figure checks and then having a private company do the work. And then they post reminders when things go to crap to “follow your plan”.

I think Rod remembers right...this was hashed out back in the late 2000’s around here but I recall it mostly was addressing the fv on the I fund and how we were regularly getting screwed out of profits.

THX Mcqlives. Found it where you sent me. Your explanation is much appreciated, as well as all. Did me good over last year and a half. Guess next time i jump in F, come 1600 i'll flip a coin and wait for the final posting.
Nation's Commander-in-Chief talks in just a few minutes.

The Futures before and after President Trump's address:

Before @ 2100

Dow: -51.50 (-0.22%)

S&P: -6.87 (-0.25%)

Naz: -7.25 (-0.09%)


After @ 2112

Dow: -335.00 (-1.42%)

S&P: -40.25 (-1.47%)

Naz: -107.62 (-1.34%)