Feb (I) Fund Talk

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So I made a bit, and got a bit more in at a good value looks like.
What the heck is it with todays "account info updated at 6am EST?"
I"ve seen daily reports typically much sooner than that.
What the heck are the management fees for?
It's just a computer, press the enter key for crying out loud. I'm expected to pay management cost and still figure out my investment at 3am in the morning when the OSM opens at 12am PST?
And we are suppose to be happy with limited IFT's.
Sounds like my health insurance.

Grumble grumble :D
 
Hopefully the uptrend can withstand tomorrow. Depending on how well the markets do I may take my earnings and head for high ground. I think a lot of investors are still selling the rallies and hoping for a big burn to buy back in, so it may not be an optimal time to be jumping in.
 
I found an excellent explanation of the "Yen carry trade" if anyone is interested:

"Let's say a trader borrows 1,000 yen from a Japanese bank, converts the funds into U.S. dollars and buys a bond for the equivalent amount. Let's assume that the bond pays 4.5% and the Japanese interest rate is set at 0%. The trader stands to make a profit of 4.5% (4.5% - 0%), as long as the exchange rate between the countries does not change. Many professional traders use this trade because the gains can become very large when leverage is taken into consideration. If the trader in our example uses a common leverage factor of 10:1, then she can stand to make a profit of 45%.

The big risk in a carry trade is the uncertainty of exchange rates. Using the example above, if the U.S. dollar were to fall in value relative to the Japanese yen, then the trader would run the risk of losing money. Also, these transactions are generally done with a lot of leverage, so a small movement in exchange rates can result in huge losses unless hedged appropriately. "

http://www.investopedia.com/terms/c/currencycarrytrade.asp
 
huh? what are you talking about?

[FONT=&quot]When signing into TSP tonight, the disclaimer said that accounts would be updated by 6am the following morning (EST). Typically I just see the period that the account is "up to date" in red lettering.[/FONT]
 
I feel a good day coming... I hope anyway because I am all in.. 30 c 30 s and 40 I fund. Retail sales were up for January lets hope that is enough to satisfy the beast today. If we have a good start I may take profit and sit on the side again.:)
 
Looks like today will be mostly flat for the I with possibly a a bit of a negative turn since the Europes loss wiped out Japan's gain and the dollar is up a smidgeon, but I haven't put number to it yet.

I woke up at 12:10PM EST so I don't have a choice but to ride it out another day, LOL, but hopefully we'll lead the OSMs to some healthy gains tomorrow with the NYSE looking good today.
 
I am very new to the TSP World and I was wonderinf if you guys have a way to track how you're doing with the TSP Funds? I want to be able to track my rates of return and see how much money I am actually making/losing? I appreciate any type of help..

utmaverick
 
I am very new to the TSP World and I was wonderinf if you guys have a way to track how you're doing with the TSP Funds? I want to be able to track my rates of return and see how much money I am actually making/losing? I appreciate any type of help..
Go to the TSPTALK main page and and click on Utilities. There is great download there to help track your percentages.
Good Luck!
 
Bush Signs Economic Stimulus Plan
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Bush Signs Rescue Package to Jumpstart Economy

WASHINGTON (AP) -- President Bush on Wednesday signed a multibillion-dollar economic rescue package on Wednesday that means $300 to $1,200 rebates for many American households.
Bush called the measure "a booster shot for our economy" to stave off a recession.
Several dozen members of Congress, including House Speaker Nancy Pelosi, stood on the stage behind Bush as he signed the bill.
Rebates are to go out beginning in May to taxpayers and low-income people, including seniors living off of Social Security and veterans who depend on disability checks. Businesses would get tax breaks for investing in new plants and equipment.
Most taxpayers will receive a check of up to $600 for individuals and $1,200 for couples from the Internal Revenue Service, with an additional $300 per child. People earning at least $3,000 and those who owe little or no taxes would get $300 for singles, $600 for couples. Those making more than $75,000 and couples with income exceeding $150,000 are to get smaller rebates -- $50 less per $1,000 they make over those thresholds.
Economic analysts generally believe the $168 billion package Bush signed will help prevent the current downturn from ballooning into a crisis. But if the rebates don't spur a consumer spending spree strong enough to cure what ails the economy, Congress is ready to throw more money at the problem. Bush said the measure was "large enough to have an impact."
Democrats and Republicans who put aside deep differences to craft the plan and rush it to enactment joined the president at the White House for the signing ceremony in the East Room. The package is designed in part to inoculate lawmakers from voter blame should the economy continue to lag as the November elections bear down.
Congressional leaders already are considering more economic rescue measures that could include transportation spending, unemployment aid and measures to address the housing crunch that's at the root of the current economic doldrums.
In the meantime, economists are debating how effective the rebates will be, with critics arguing that debt-burdened consumers will use the money to pay bills rather than spending the checks and spurring growth.
An Associated Press-Ipsos poll found that only 19 percent of those surveyed said they planned to spend their rebate checks. Forty-five percent said they would pay bills, while 32 percent said they planned to invest the money. The last time the government sent out rebates, in 2003, recipients spent a little less than a third in the first six months, and about two-thirds within the first year, according to findings by the University of Michigan Survey of Consumers, cited by congressional tax analysts. After rebates were sent out in 2001, just 22 percent said they would mostly spend them -- rather than saving the money or using it to pay off debt -- and only one-third of the rebate was spent in the short run, according to the same study.
 
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