Birchtree's Account Talk

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Birch, DB, all,

Thank you all for the help. I noticed last month the same and wasn't sure how to attribute actual gains if from CA until IFT rebalanced it all again to 100% for tracker purposes only. Daily I do the algebra calculation -
account $ x new fund price / old fund price = X or money made on fund that day.

(lesson #2) I found out today over the phone that an single fund IFT equals sale of all TSP funds. Example: 20 S/ 20/C 60/F allocation and IFT is to shift 20/S to G. TSP sells off "all" funds at days end price even if you only request a single fund shift. I lost money not knowing it affected other fund of which sold lower that my hold price.

So it makes a bit more sense in seeing allot of 100% allocations within funds unless balanced to like funds such as C & S.

Dave
 
Devilduck said:
(lesson #2) I found out today over the phone that an single fund IFT equals sale of all TSP funds. Example: 20 S/ 20/C 60/F allocation and IFT is to shift 20/S to G. TSP sells off "all" funds at days end price even if you only request a single fund shift. I lost money not knowing it affected other fund of which sold lower that my hold price.
Click to expand...
I'm not sure what you meant there. When you say they sold off "all" funds at the days end, they would also have to purchase the new funds at the same price for the funds you kept.

So, it sounds you went from: 20% S, 20% C, 60% F

To: 20% G, 20% C, 60% F

That means your C and F funds were uneffected price-wise, even if they did have to sell and buy them as they said. The shares would have been sold and bought at the same price.

Is that what you meant?
 
you are correct in recapping allocation % wise. My take away is they sell all funds and then repurchase at days end price; even if only requesting a single fund IFT; not repurchased at old hold price of funds outside of IFT request.

Explanation was in effort to balance 20% to G fund in this case you have to take into account difference in fund cost, difference between S & G. In order to rebalance, money has to come from some place. Therefore all funds are sold and repurchased at end of day price, divided up according to IFT request, and a new pie chart is formed as such.

If I am wrong, and I hope that my interpretation is, that would be great. Conversation went back and forth with statement, "if IFT is for S do you sell and repurchase F at current end of day price", answer was yes.

Please tell me I'm wrong as I would love to call them back.
 
Devilduck said:
Birch, DB, all,

Thank you all for the help. I noticed last month the same and wasn't sure how to attribute actual gains if from CA until IFT rebalanced it all again to 100% for tracker purposes only. Daily I do the algebra calculation -
account $ x new fund price / old fund price = X or money made on fund that day.

(lesson #2) I found out today over the phone that an single fund IFT equals sale of all TSP funds. Example: 20 S/ 20/C 60/F allocation and IFT is to shift 20/S to G. TSP sells off "all" funds at days end price even if you only request a single fund shift. I lost money not knowing it affected other fund of which sold lower that my hold price.

So it makes a bit more sense in seeing allot of 100% allocations within funds unless balanced to like funds such as C & S.

Dave
Click to expand...


Devilduck, If you like Excel Spreadsheets give me a PM with your E-mail address and I will send you one that I use to track my real account. I have added and improved it from one that a friend of mine gave me a few years back. It will not attach because it is Office 2007.
 
The tracker ahead of me is clearing nicely with more folks going to the 'no wake' zone on the lily pad. Now watch the slow pokes come on strong.
 
tsptalk said:
Welcome Dave -

If you would like to follow your account balance more closely, you can use one of our returns spreadsheets on www.tsptalk.com/utilities.html. Scout's spreadsheet will track deposits and returns.

Good luck!
Click to expand...

DD, This spreadsheet will compute dollar amounts in each fund by inputting daily share prices and has a return on investment calculator. Fairly easy to use and has a tips tab. Does most of the work for you.
http://www.tsptalk.com/utilities/Scouts_Spreadsheet.xls
 
Devilduck said:
you are correct in recapping allocation % wise. My take away is they sell all funds and then repurchase at days end price; even if only requesting a single fund IFT; not repurchased at old hold price of funds outside of IFT request.

Explanation was in effort to balance 20% to G fund in this case you have to take into account difference in fund cost, difference between S & G. In order to rebalance, money has to come from some place. Therefore all funds are sold and repurchased at end of day price, divided up according to IFT request, and a new pie chart is formed as such.

If I am wrong, and I hope that my interpretation is, that would be great. Conversation went back and forth with statement, "if IFT is for S do you sell and repurchase F at current end of day price", answer was yes.

Please tell me I'm wrong as I would love to call them back.
Click to expand...

be wary of CSR's knowledge. they nearly cost me 10k with MULTIPLE instances of bad information.
I only got it straightened out with a supervisor's help.
Their training is spotty.
They may record calls, but I don't remember for sure.
 
"If the third times a charm results in the market actually breaking upwards above the key 1130 resistance level, then you can expect this market to surge - potentially very violently in a vicious short squeeze - back to the overhead price target of 1170 or even higher as 1200 or beyond."

You might want to read: "The stock market's next big move: six reasons why it's up."

http://greenfaucet.com/technical-analysis/the-game-changer-at-spx-1130/84027
 
I suspect the F fund will roll back the $0.08 gains of the last two days before we close - does that please me - of course it does. People should know better.
 
Not sure I'm happy with the limited IFT's of TSP. Watching money go and have to wait another day to shift for "F" fund is going to need couple of beers to settle. Any recommendations for different investment venue? Pros's to staying with TSP? Uniform services does not match.
 
You will save money in the longer term with TSP - limited moves require an intermediate strategy of trying to look ahead. I'm trying to decide my strategy for October.
 
I saw a note on my calendar that Birchtree and McDuck were discussing the probable share price of Alcoa this coming December. Birchtree said $23. Am I reading the right stock when I see about $11 now?
 
AA is currently at $11.43. It's been as high as $14.00 - so I may be tempted to buy more around these levels. I'm still looking for a higher price by December - maybe $23 but who really knows.
 
Devilduck said:
Not sure I'm happy with the limited IFT's of TSP. Watching money go and have to wait another day to shift for "F" fund is going to need couple of beers to settle. Any recommendations for different investment venue? Pros's to staying with TSP? Uniform services does not match.
Click to expand...
:) Sorry B-tree, a non-bull look a things?

Any recommendations for different investment venue?
Birch'es way MAY be more profitable but the following may to your liking?
http://tspcenter.com/seasonal.php


DB
 
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