350Z's I fund thread NOV 07

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MacDaddy said:
I used TSP Lookup and CHEMENG's I-Fund chart and came up with the same numbers as Jethro, What am I missing to see the .12 cent disparity between those and 350Z's quote? I'm not questioning anyone's numbers, just interested as to the difference.

Thanks :)
Click to expand...

Not sure what the difference is either. 350z uses a different way to make I-fund estimates than my spreadsheet. Sometimes they are close, and sometimes there is some difference.
 
ChemEng said:
Not sure what the difference is either. 350z uses a different way to make I-fund estimates than my spreadsheet. Sometimes they are close, and sometimes there is some difference.
Click to expand...

Thanks for looking. I'm still learning a lot of this stuff and it can be pretty overwhelming trying to take it all in and understand it. Thanks to 350Z and others who regularly post their very accurate estimates in time for us to react to them. It certainly has helped my account grow. :D
 
I'm posting this here because it's important. I stole this from the Tickerforum.

Florida suspends withdrawals from state investment fund

Dan Tracy and Aaron Deslatte |Sentinel Staff Writers
1:06 PM EST, November 29, 2007

Florida today suspended withdrawals from a state investment fund after cities, counties and school boards -- fearful of the fund's financial stability -- withdrew $3.5 billion in just one day.

The State Board of Administration -- the governor, attorney general and chief financial officers -- voted unanimously to at least temporarily halt a run on the fund, which has reported withdrawls totalling $10 billion in the past several weeks. That's more than one-third of the fund's assets of $28 billion.

Local governments fear they could lose their money because the state invested it in funds backed by loans to homeowners with questionable credit -- the same loans that have triggered an international credit crunch.

Governments and agencies typically take money intended to pay for such basics as teacher salaries or road repairs and invest it in the short-term state fund so they earn interest before the bills come due.

Alarmed local officials said the move by the SBA could jeopardize local governments' payrolls, if they are not able to take money out of the fund to pay employees.

"We needed leadership today, and we didn't get it," said Bob Inzer, chief financial officer for Leon County.
http://www.orlandosentinel.com/news...d112907,0,5698387.story?coll=orl_tab01_layout
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350z keeping a eye out...
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