2manyirons
New member
I'm a little new to this, and I am still learning all the ins and outs. So please excuse my ignorance up-front.
I have a question for the learned TSP Talk audience. Would a strategy that follows have some merits?
Looking at TSP's IFT Procedures: An interfund transfer requested by 12:00 noon eastern time on a business day will generally be processed that night. The new investment percentages can be viewed online the next business day.
What if you were in C or S and by watching the markets, and the news that effects the markets, you saw a large up-gain start one day, and by 11:30-11:45, it looked like a big day for that fund. Before noon ET, you put in an IFT to the G or F. I know some times big changes can occur after 12:00 ET. But often, does not a picture form early, that will give an indicator of the day?
No one knows what the next day will bring, but often the next day a drop comes after a big gain day.
The Palladium proverb: Boom is always followed by bust.
So then the next day or two, also watching the news and markets, on a day when the fund is in a big downward path, you put in for a IFT back to that fund, or to one of the other S,C,or F funds, before noon.
I know you can only have 2 unrestricted IFTs per month, but at least twice a month you could try this.
I am not encouraging anyone to start this if you don't know the markets well, I might not know what I am talking about. But you can't tell me no one has tried this, I know timing is important, and some knowledge of the market trends would be needed, but could it work and prevent some of the losses from time to time, that occur the day after a big gain day?
Once again, please excuse my ignorance, if I have overlooked some obvious flaw.
I would really appreciate any posts on the benefits/errors of this plan.
I have a question for the learned TSP Talk audience. Would a strategy that follows have some merits?
Looking at TSP's IFT Procedures: An interfund transfer requested by 12:00 noon eastern time on a business day will generally be processed that night. The new investment percentages can be viewed online the next business day.
What if you were in C or S and by watching the markets, and the news that effects the markets, you saw a large up-gain start one day, and by 11:30-11:45, it looked like a big day for that fund. Before noon ET, you put in an IFT to the G or F. I know some times big changes can occur after 12:00 ET. But often, does not a picture form early, that will give an indicator of the day?
No one knows what the next day will bring, but often the next day a drop comes after a big gain day.
The Palladium proverb: Boom is always followed by bust.
So then the next day or two, also watching the news and markets, on a day when the fund is in a big downward path, you put in for a IFT back to that fund, or to one of the other S,C,or F funds, before noon.
I know you can only have 2 unrestricted IFTs per month, but at least twice a month you could try this.
I am not encouraging anyone to start this if you don't know the markets well, I might not know what I am talking about. But you can't tell me no one has tried this, I know timing is important, and some knowledge of the market trends would be needed, but could it work and prevent some of the losses from time to time, that occur the day after a big gain day?
Once again, please excuse my ignorance, if I have overlooked some obvious flaw.
I would really appreciate any posts on the benefits/errors of this plan.
