G Fund Payday

[Guest2]

It's taken 8.5 days every "penny day" since January 30.

Thanks Anidoc, I meant 7 "Working Days"
If the penny came on Wednesday, then
it would be 8 "working days" and I have
never seen that happen, as stated.

 

[logdoc]

350z could be right. It just depends where your calcs were on the last pay day. Assuming the new 3.375% rate kicked in on March 1, my calcs have it most likely paying on Wednesday. Can anyone confirm that the new rates kick in on the first day of the month or is it the first business day? Also, it seems like I remember seeing somewhere on this board that the TSP calcs are carried out to 10 decimal places. I have not been able to confirm this anywhere on the web - can any of you guys confirm this? Since I use the default EXCEL 14 decimal places in my calcs, I will reset it to 10 if it is true.

Thanks.

This rate is pretty horrible, and I have to wonder what happens when inflation takes off and the fed raises rates maybe at the end of this year. Personally I was hoping to see the G fund putting on about 4.5% a year to round out my retirement income as my last day approaches in June.

 

[nnuut]

Yeah, the good old days, I remember getting 8% in the "G" fund, had a 8% home loan and it was low. Had friends that financed houses at around 14% to 16%, FIXED. So now we're worried about the high interest rates?:laugh:
Those inflated credit cards are the only ones getting away with charging Rip-Off interest rates, 27%, HA, over my dead body!:nuts:

 

[BlueMax]

Life is what we make it! "Don't worry, be Happy".

 

[nnuut]

Life is what we make it! "Don't worry, be Happy".

I am HAPPY, JUST BITCHN' a little!!View attachment 3462

 

[presskh]

Yeah, the good old days, I remember getting 8% in the "G" fund, had a 8% home loan and it was low. Had friends that financed houses at around 14% to 16%, FIXED. So now we're worried about the high interest rates?:laugh:
Those inflated credit cards are the only ones getting away with charging Rip-Off interest rates, 27%, HA, over my dead body!:nuts:

Yeah, low rates are a double-edged sword. At least I was able to refinance my home last month with a 15 year fixed rate of 4.375%.

 

[Braveheart]

Re: G Fund Payday Tomorrow ???

I hope the G Fund Pays Tomorrow Tuesday - 3/11/08. It should but anyone else following this. Or is it Wednesday 3/12/08 THX

 

[Guest2]

G-Penny hits tomarrow, I was wrong

 

[Braveheart]

fool me once shame on you, fool me twice shame on me.

Why don't they just give 4 cents on the 1st of the month and stop playing games for the G Fund. Maybe that would cut down on IFT's now we have to wait 10 days. So 3 cents in 31 days for March and 3 cents in February !!!!

 

[Silverbird]

Why don't they just give 4 cents on the 1st of the month and stop playing games for the G Fund. Maybe that would cut down on IFT's now we have to wait 10 days. So 3 cents in 31 days for March and 3 cents in February !!!!

How about 4 cents on the 25th so that if we have to duck into G as our last move we at least get something out of it?

 

[Silverbird]

I'd rather it be on the 1st or last day of the month so if we have to duck into G as our last move of the month we get in BEFORE it pays, not after.

You're right. That makes sense. I think I'll get another cup of coffee.

 

[presskh]

Looking ahead, by my calcs, the next predicted payday is Friday, March 21 (est. 60% chance), with a decent possibility of paying on Thursday, March 20 (est. 40% chance).

 

[qibovin]

Looking ahead, by my calcs, the next predicted payday is Friday, March 21 (est. 60% chance), with a decent possibility of paying on Thursday, March 20 (est. 40% chance).

With Friday as a merket holiday, but not a federal holiday, might the G fund be the only fund paying that day? Could be all jump over at Thursday COB and back again by Friday COB to be back in FCSI for Monday? Does anybody know? I want to make as many moves in March as possible before I get locked out.

 

[presskh]

With Friday as a merket holiday, but not a federal holiday, might the G fund be the only fund paying that day? Could be all jump over at Thursday COB and back again by Friday COB to be back in FCSI for Monday? Does anybody know? I want to make as many moves in March as possible before I get locked out.

The I fund might change, since not all overseas markets close for Good Friday. I think you should be able to to what you describe, as long as you are within our new trading limits.

 

[qibovin]

I think you should be able to to what you describe, as long as you are within our new trading limits.

I'm away from home right now, but I suspect that there's a certified letter waiting for me. Anybody from USPS or legal background have an opinion on whether I should "accept" it or not? Do I have to sign for it? What's the proof that I got it?

Why not call TSP and ask, and post back here for everyone?

I'm not sure that TSP and I are on speaking terms. Perhaps I should send them a certified letter with that question.

 

[Guest2]

I'm away from home right now, but I suspect that there's a certified letter waiting for me. Anybody from USPS or legal background have an opinion on whether I should "accept" it or not? Do I have to sign for it? What's the proof that I got it?
I'm not sure that TSP and I are on speaking terms. Perhaps I should send them a certified letter with that question.

I suspect they will only need proof that they sent it, to have their way.

 

[presskh]

Looking ahead, by my calcs, the next G Fund payday will most likely be on Monday, 3/31/08 (>75% chance), with a slight chance (<25%) of paying on the previous Friday (3/28/08).

 

[presskh]

By my calcs, the next predicted G Fund payday will be on Monday, April 7th. The new per annum interest rate for April remains unchanged at 3.375%.

 

[presskh]

The next G fund payday, by my calcs, should be on Tuesday, April 15th.

 

[presskh]

The next predicted G Fund payday should be on Thursday, April 24th.