< 1 pct. IFT Option

[sauer228]

Re: <1%IFT Option

SB, say you put in a 97-0-1-1-1 and the next day you had gains resulting in 96.7-0-1.01-1.01-1.01. The day after the gains things are looking great in the morning and you decide to up things to 94-0-2-2-2. In the evening there is a major sell off and one or more of your stocks dips below 1%. I'm assuming the <1% transaction wouldn't go through as it is now a >1% transaction? Would the stocks that did not dip below 1% still be raised to 2% or would the entire transaction be canceled?

 

[Guest2]

Re: <1%IFT Option

The answer to the previous question; "what happens if the day ends in
the positive, when you thought it would close negative"

If you did a <1%IFT with the same percentages, any gains you made at
the end of the day would be diverted to the (G) Fund. I call this locking
in some gains. You also purchased less shares at a greater price. But at
these percentage levels, (depending on the day ending advance), the
shares may not be that much more expensive.

Lastly, your 97-0-1-1-1 is now less then what you would have had if
you simply left it alone and didn't do a <1%IFT. Tomorrow, you'll still
have 97-0-1-1-1 but you could have had;

(G)96.97(F)0.00(C)1.01(S)1.01(I)1.01

and that would have been more profitable if the Reports advanced the
rally for another day. Tomorrow would have given you the abilty to Jack
Up the percentages to the next level (94-0-2-2-2) if you held off on
doing another <1%IFT today.

Bottom Line: You may be right, you may be wrong. But without a doubt,
before making a <1%IFT, you need to think ahead and weigh out all
possibilities and contingencies. This method requires you to focus a day
or two ahead (not to mention your established goal to end the method).
You should ask yourself; What if the Market ends differently? What if
tomorrow ends differently? What if I leave my percentages alone? What
if I do a <1%IFT and boost just one fund and lower another? etc....

 

[Guest2]

Re: <1%IFT Option

SB, say you put in a 97-0-1-1-1 and the next day you had gains resulting in 96.7-0-1.01-1.01-1.01. The day after the gains things are looking great in the morning and you decide to up things to 94-0-2-2-2. In the evening there is a major sell off and one or more of your stocks dips below 1%. I'm assuming the <1% transaction wouldn't go through as it is now a >1% transaction? Would the stocks that did not dip below 1% still be raised to 2% or would the entire transaction be canceled?

I think my last post will help you understand what happens. But, no matter
what the Market does on the day you make a <1%IFT, the transaction
will go through as requested. You will show on the next day; 94-0-2-2-2

You would have bought more shares at a cheaper price by taking your
dollars out of the (G) Fund and buying enough risk fund shares to meet
the 2% level.

 

[KevinD]

Re: <1%IFT Option

SB, say you put in a 97-0-1-1-1 and the next day you had gains resulting in 96.7-0-1.01-1.01-1.01. The day after the gains things are looking great in the morning and you decide to up things to 94-0-2-2-2. In the evening there is a major sell off and one or more of your stocks dips below 1%. I'm assuming the <1% transaction wouldn't go through as it is now a >1% transaction? Would the stocks that did not dip below 1% still be raised to 2% or would the entire transaction be canceled?

It WILL go through and you will be buying shares at a lower price.

 

[KevinD]

Re: <1%IFT Option

Do I really type that slow?

 

[sauer228]

Re: <1%IFT Option

I guess I should have clarified more...

At the end of the down day you're sitting at 97.03-0-.99-.99-.99, but to start that day your were at 96.97-0-1.01-1.01-1.01. That day of losses will lock in before the transaction happens, right? Therefore you couldn't have a <1% from .99% to 2%.

 

[Guest2]

Re: <1%IFT Option

Do I really type that slow?

(LoL) Kevin, Thanks ! Chip in bro, no matter how slow your fingers are !

 

[eccougar]

Re: <1%IFT Option

With payday and using 1%, and by doing IFT's on down days I've added over 200 shares C in the last 4 trading sessions. The big question is hold or sell and keep a small percentage in for 1 % IFT's. Gl everyone.

 

[KevinD]

Re: <1%IFT Option

I guess I should have clarified more...

At the end of the down day you're sitting at 97.03-0-.99-.99-.99, but to start that day your were at 96.97-0-1.01-1.01-1.01. That day of losses will lock in before the transaction happens, right? Therefore you couldn't have a <1% from .99% to 2%.

Your account balance will be less because the market went down but your percentages will be 94-0-2-2-2.

 

[Guest2]

Re: <1%IFT Option

I guess I should have clarified more...

At the end of the down day you're sitting at 97.03-0-.99-.99-.99, but to start that day your were at 96.97-0-1.01-1.01-1.01. That day of losses will lock in before the transaction happens, right? Therefore you couldn't have a <1% from .99% to 2%.

Don't think at the end of the day ! Think of what you currently show on
the TSP website and what you want for tomorrow. Yes, reality is that
if you leave it alone, you'll have those .99%'s. But not if you do a the
<1%IFT. The Fund Managers will take your ending balance and redistribute
your account to refect the percentages you wished to have.

 

[Guest2]

Re: <1%IFT Option

Based on their actions, you'll find that you have more shares in each of
the funds then on the day you made the <1%IFT

 

[Guest2]

Re: <1%IFT Option

With payday and using 1%, and by doing IFT's on down days I've added over 200 shares C in the last 4 trading sessions. The big question is hold or sell and keep a small percentage in for 1 % IFT's. Gl everyone.

Just remember, the amount of shares will vary based on your Contribution
Levels (mine is 17%) and your base salary.

 

[sauer228]

Re: <1%IFT Option

Your account balance will be less because the market went down but your percentages will be 94-0-2-2-2.

If I've used my 2 IFTs for the month then a move from .99 to 2 wouldn't be a <1% transfer.

 

[Guest2]

Re: <1%IFT Option

If I've used my 2 IFTs for the month then a move from .99 to 2 wouldn't be a <1% transfer.

If you've used all your normal IFT's for the month and you had 1.01% to
start the day with in any given fund, you can do a <1%IFT and Jack Up
the percentage to 2%. The percentage at the end of the day does not
affect your ability to do a <1%IFT. When the Fund Managers adjust your
balance, they only care about the 1.01% being able to go to 2%. If the
percentages you've stated today are 1.01% and you do a <1%IFT, your
percentages will show 2% in that fund come tomorrow, I promise !

Your ability to do a <1%IFT today is based on the percentages you currently
show on the TSP Website. It is not based on what the market does in the future
or at closing.

 

[sauer228]

Re: <1%IFT Option

If you've used all your normal IFT's for the month and you had 1.01% to
start the day with in any given fund, you can do a <1%IFT and Jack Up
the percentage to 2%. The percentage at the end of the day does not
affect your ability to do a <1%IFT. When the Fund Managers adjust your
balance, they only care about the 1.01% being able to go to 2%. If the
percentages you've stated today are 1.01% and you do a <1%IFT, your
percentages will show 2% in that fund come tomorrow, I promise !

Thanks SB. Judging by this it sounds like the IFT goes into effect before the closing prices that day.

 

[Guest2]

Re: <1%IFT Option

Thanks SB. Judging by this it sounds like the IFT goes into effect before the closing prices that day.

It looks like that, but everything you do before noon is effected by the
closing share prices. Your forcing the Fund Managers to give you a IFT
no matter what the outcome for the day.

Yes, the IFT is locked in before the close. But the days outcome will
determine if you bought shares cheaper (down) or at a higher price (up).

If you do a <1%IFT, I invite you to print your current balance page and
tomorrow morning, print the new page. Do a comparison and see what
happens to your share and dollar amounts. Glad I could help !

 

[Guest2]

Re: <1%IFT Option

REMINDER:

By doing a <1%IFT on April 1st, 2009 - It will count towards your 2 per
month limit. A decision needs to be made. Leave it be until your ready
to go in at higher levels or bail out by March 31, 2009 and wait on the
sidelines. DON'T WASTE YOUR MORE IMPORTANT NORMAL IFT'S !

 

[nasa1974]

Re: <1%IFT Option

Thanks SB. Judging by this it sounds like the IFT goes into effect before the closing prices that day.

As long as you make an IFT before noon eastern time the account percentages will be adusted to your account at the end of that trading day. If you make an IFT after noon eastern time the percentages take effect the next day, i.e. IFT made at 1:00pm Monday the percentages change end of trading on Tuesday.

At the end of the day your account total is adjusted by the number of shares times the share price. Example 6072.1693 shares in the G fund times $12.7515 price per share at the end of the day equals $77,429.27.

If you did not make an IFT for the day your number of shares will stay the same but your percetages will have to adjust to equal the total.

If you did make an IFT for the day then the shares will adjust up or down to equal the total.

 

[Guest2]

Re: <1%IFT Option

As long as you make an IFT before noon eastern time the account percentages will be adusted to your account at the end of that trading day. If you make an IFT after noon eastern time the percentages take effect the next day, i.e. IFT made at 1:00pm Monday the percentages change end of trading on Tuesday.

At the end of the day your account total is adjusted by the number of shares times the share price. Example 6072.1693 shares in the G fund times $12.7515 price per share at the end of the day equals $77,429.27.

If you did not make an IFT for the day your number of shares will stay the same but your percetages will have to adjust to equal the total.

If you did make an IFT for the day then the shares will adjust up or down to equal the total.

YOU GO BOY ! :laugh: I'm gone until Duty Calls and the O/D Tracker Update !

 

[Guest2]

Re: <1%IFT Option

It would appear that this rollorcoaster stopped at 3pm and decided on a
last hour climb into the positive. Congratulations to everyone "IN" and
here's hoping the S&P500 doesn't test the 804 again, anytime soon.