Well! Much stronger market action than what I was expecting.
Kind of nice to see.
I'm still full in, so I am just going to sit back for a while and watch.
Have a great day, Ya'll!
Well! Much stronger market action than what I was expecting.
Kind of nice to see.
I'm still full in, so I am just going to sit back for a while and watch.
Have a great day, Ya'll!
So- I got another theory to throw out here and see if it flies. Here goes.
TODAY is my payday. My bank account gets it's deposit today, just like every other TUESDAY. It's my Agency's payday.
And it's the day that MY TSP DEPOSIT hits the stock market .
Now- stay with me..... I'm just ONE LITTLE FISH out of a big sea....BUT- there are a lot of others at my Agency who are the same as me.
And that means a TON of money flows INTO the stock market, every other Tuesday. (Today).
Causing the market to nudge up a little bit, because a million people are pouring cash into the market.
Now I'm a FG-13 (GS-13), giving like 14% of my pay into the stock funds. My theory is a lot of others are doing the same.
And I am watching, every other tuesday, and it seems, more often than not, that the market ticks up a little on the days that employees are having their money turned into stock shares.
So---- am I right? Do you think that WE have an affect , enough to be seen in a price blip?
(I guess you all are now going to tell me you get paid on a different day, and it doesn't matter).
What say you?
Hmm I work for the VA and my payday is Friday, really Thursday at midnight. I'm suprized you get paid on a Tuesday and wonder what other federal agencies do? We get paid via DFAS who also processes all the military's pay, and they get paid at the same time we do every other week.
Since the VA is the largest federal agency and the military gets paid when we do I think that would maybe make a bigger difference?
Who do you work for?
Expected FERS Retirement; December 2028
Thru-hike the Appalachian trail spring 2029
That is a really good observation!
I get paid on Thursday. But I am just a WY-09 (worker bee)
But you make a good point!
I will be watching this from now on!
Sent from my XT1585 using TSP Talk Forums mobile app
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
I'm paid early with direct deposit on the Saturday a week before my TSP is paid on our official Thursday payday. That Thursday payday is in the 2nd week of the biweekly for us.
Sent from my SM-N960U using Tapatalk
Yep got paid 5/17
Sent from my Pixel 2 XL using TSP Talk Forums mobile app
Expected FERS Retirement; December 2028
Thru-hike the Appalachian trail spring 2029
I get paid the first of every month and nothing goes into my TSP. You guys are messing the system up.
May the force be with us.
Yeh, but you are only taking money OUT of the TSP, while we are all putting it IN.
Maybe YOU are why it goes DOWN every once in a while... :-)
Sent from my iPhone using TSP Talk Forums
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) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks