asuasylum account talk

[asuasylum]

Currently i am at $48,000. I can not seem to pass the $50K mark. Most of this year i have been switching from s & c funds. When I make an IFT should I just do IFT only or should I change contribution as well? Today I changed to 100% S fund. Thoughts and opinions would be helpful.

 

[Itchn2retire]

My contributions are to the G-Fund and since I am juggling between funds each month I don't bother changing it when I update my allocations. So as an example when I make an IFT to 100% S-fund it will move whatever money is sitting in the G to S. (and any other funds I may be sitting in.) So even though I may have one/two deposits in the G-fund it does not sit there very long.

And I am just too lazy to do the extra typing to update the contribution field when I do my IFT's. But that's just me. :cheesy:

 

[tsptalk]

You had asked about contributions in another thread where I posted a response....

http://www.tsptalk.com/mb/tsp-talk-news-etc-/22653-tsp-management.html

Also, what is your objective (other than making money) transferring back and forth from C and S, if I have that right? Both are stock funds.

Thanks.

 

[asuasylum]

I mainly switch due to members of tsp talk. In reality I'm hoping their gains are my gains. I know its horrible way to think...but I've been at this threshold for a year and half and want to bust it.

 

[tsptalk]

OK, thanks.. I see. Many of the members are switching between the C, S, and I funds (stocks) into cash or bonds (G, F) and back, trying to time the ups and downs of the market. It sounded like you said you were switching between C and S which is not futile, but not really making a big difference. Maybe I misunderstood.

If you need any help, let us know.

 

[asuasylum]

I'm trying to find out if I need to change my contributions when i change my IFT. Right now my contributions are placed differently than my IFT, ie i have 25% contribution in L2050. There is no balance in there, so what happens to the money that is invested in contribution if the IFT doesn't utilize that fund?

 

[nnuut]

When you do an IFT your existing money in TSP is transferred to the funds you specify. On pay day your money going to the TSP will be invested into the funds you have your contributions set to. Contributions come out of your paycheck, IFTs effect your whole balance in the TSP.

 

[tsptalk]

I'm trying to find out if I need to change my contributions when i change my IFT. Right now my contributions are placed differently than my IFT, ie i have 25% contribution in L2050. There is no balance in there, so what happens to the money that is invested in contribution if the IFT doesn't utilize that fund?

asuasylum -

Are you seeing / reading the answers that are already posted? You've asked in two different threads (including this one) and have gotten several answers.

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