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350Z's I fund thread OCT 07
- Thread starter 350zCommTech
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buda
Member
I would guess they were Federal. Do they actually work or does the computer do all the work?
Bud's
fabijo
Well-known member
Last year, the TSP site only showed the announcement the day after Columbus Day that their offices would be closed the day prior and IFTs will only take affect the next day. See here, from last year's Market Talk thread:
http://www.tsptalk.com/mb/showpost.php?p=59108&postcount=33
Robo5555
Member
Used to live there... go rockies!!
James48843
Well-known member
They are now contractor employees, not federal employees. They USED to be federal employees until they were ousted about a year or a year and a half ago.
Not sure if they will be open on Monday or not. Fabijo pulled the message from last year showing they were closed on Columbus day. TSP site this year doesn't have any info posted on it yet one way or the other.
350zCommTech
Well-known member
FYI:
Japan will closed on Monday.
Japan will closed on Monday.
budnipper1
Active member
They finally announced it...
http://www.tsp.gov/account/index.html (click "account access" tab)
The Thrift Savings Plan will be closed on Monday, October 8th, in observance of Columbus Day. Transactions that would have been processed Monday night (October 8th) will be processed Tuesday night (October 9th), at Tuesday's closing share prices.
The switch to account numbers is scheduled for October 9, 2007
http://www.tsp.gov/curinfo/login/accountnumber.html
Last edited:
12%ayear
Well-known member
By today's deadline I would think. Treat Monday as a Holiday to make a transfer.
James48843
Well-known member
Thanks for posting that.
Does everybody have their NEW account numbers ready at hand?
FundSurfer
Well-known member
weatherweenie
Well-known member
Jobs number seems to have been well received overseas at least. FTSE is climbing.
fedgolfer
Well-known member
Is this morning's job report good for the dollar and bad for the I fund?
On a sidenote, the upward revision (although well recieved by morning advances in futures) really says the Fed acted on bad jobs data when they used that as the excuse to cut .50 basis points. Oh well, I'll take the pop even though it looks like the Fed either doesn't know what its doing or its rate policy is really manipulated by Wall St.
On a sidenote, the upward revision (although well recieved by morning advances in futures) really says the Fed acted on bad jobs data when they used that as the excuse to cut .50 basis points. Oh well, I'll take the pop even though it looks like the Fed either doesn't know what its doing or its rate policy is really manipulated by Wall St.
From everything I'm reading, it simply won't solve things. The fundamental issue is you have millions of people who bought houses who couldn't have afforded normal payments on fixed 30-year mortgages (normal mortgages) even when interest rates were rock-bottom, and those sub-prime mortgages have found their way into everything. The fed cutting rates now won't fix that problem.
Those people are insolvent, period, and barring some sort of legislation a very large number will either short-sale or be foreclosed upon. Either way, a lot of people are going to lose a lot of money, and it won't be (isn't) confined to the sub-prime market.
(EDIT: Sorry about the late reply post; was out most of yesterday...)
350zCommTech
Well-known member
Yes, this is good for the dollar and hurts the I fund. With Japan being closed on Monday, I'm not sure if I'll stick to my plan to be in the I fund for Monday and Tuesday. The dollar could really move up without the US trader's influence.
As for the Fed, I have an opinion on why they did a .50% cut, but today's jobs number does make Ben look like an idiot.:toung:
James48843
Well-known member
I fund now showing up 9 cents as of 9:21.
Also- many TSPTALKERS are talking about doing a separate "autotracker" and/or a separate "message board" thread inside the members only area for premium subscribers. We (moderators) are talking about that now- how to do it, what it would take, etc. We here you, and are evalutaing the ideas now. Will try and let you all know more later- it's been a real push to deal with all the changes so far, so please give us some time to work things through. thanks
Also- many TSPTALKERS are talking about doing a separate "autotracker" and/or a separate "message board" thread inside the members only area for premium subscribers. We (moderators) are talking about that now- how to do it, what it would take, etc. We here you, and are evalutaing the ideas now. Will try and let you all know more later- it's been a real push to deal with all the changes so far, so please give us some time to work things through. thanks
350zCommTech
Well-known member
Here's a crazy thought:
What if today's jobs number and the upward revisions are just a response to the falling dollar?
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