Braveheart
Analyst
- Reaction score
- 12
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G Fund Payday
- Thread starter ATCJeff
- Start date
Right on the $$ again. Looks like today is the big $0.01
Oh well, I guess that beats the big -$0.01
luv2read
Market Veteran
- Reaction score
- 18
cinquo de mayo! ole!
Viva_La_Migra
Market Veteran
- Reaction score
- 56
You should be ashamed of yourself, predicting the penny payday and taking advantage of the sheeple who never move their money out of the G fund!
You should be ashamed of yourself, predicting the penny payday and taking advantage of the sheeple who never move their money out of the G fund!
Right now, I'm one of the sheeple, just waiting for the long term market trends to signal getting back in the stock funds. Viva la' Bah! Bah!
Viva_La_Migra
Market Veteran
- Reaction score
- 56
You're not one of the sheeple if you are looking for an opportunity to buy into the market. I've been in the G fund for a while now. Because of the FRTIB, I've missed this last rally.
I may dip my toe in to test the waters here soon. I've only used one move this month and that was for capital preservation.TRUEHONEST
TSP Strategist
- Reaction score
- 1
Presskh you been very accurate, more accurate than my calc. Please keep posting your G payday. THANK YOU!!!
- Reaction score
- 2,194
Welcome. It is kind of a moot point with the new transfer limits, and the TSP (rightly so I might add) will be making an adjustment so that it can not be done anymore.
Basically we can make an educated guess as to what day the G fund will pay its penny gain. The new change will have the G-fund pay fractions per day rather than a full penny on a specific day.
The TSP made it clear in the new transfer limit rule, that they did not like this practice calling it "insidious behavior". I saw it more as smart investors doing their homework, understanding the system, and taking what they are given. But again, I am glad they are changing it. It should have been done the right way in the first place.
Basically we can make an educated guess as to what day the G fund will pay its penny gain. The new change will have the G-fund pay fractions per day rather than a full penny on a specific day.
The TSP made it clear in the new transfer limit rule, that they did not like this practice calling it "insidious behavior". I saw it more as smart investors doing their homework, understanding the system, and taking what they are given. But again, I am glad they are changing it. It should have been done the right way in the first place.
Silverbird
Market Veteran
- Reaction score
- 27
I didn't see it as "insidious behavior", I actually saw it as keeping from (metaphorically, my computer is fine:toung
banging my head on the computer screen because I pulled my money out of G right before the payout. I agree with TSPTalk that this way is better and should have been done in the first place.
banging my head on the computer screen because I pulled my money out of G right before the payout. I agree with TSPTalk that this way is better and should have been done in the first place.
Rustynutt
Market Tracker
- Reaction score
- 4
Don't know about ya'll, but the penny snuck up on my account today. Been wanting to get the remainder of my account all into G from F for some time, got out with a few F pennies tonight, but the quick penny on the G this week did cost a bit.
Tree farm is doing well, but it's back breaking, enough so to convince any IRS agent of hard work and dedication. Planting season is done, now time to move over to the motorcycle repair side of business. I predict a loss this year with the economy being the way it is. Been looking at compact tractors for before years end. Sorry if that's vague, been a while since I posted.
Tree farm is doing well, but it's back breaking, enough so to convince any IRS agent of hard work and dedication. Planting season is done, now time to move over to the motorcycle repair side of business. I predict a loss this year with the economy being the way it is. Been looking at compact tractors for before years end. Sorry if that's vague, been a while since I posted.
PRESSKH,What are your estimated dates (June) for the almighty penny ?
Looks like the odds are about 50/50 for a payout either Monday, June 9th, or Tuesday, June 10th. If it pays on Tuesday, the 10th, then it should also pay on the following two Tuesdays (17th and 24th). If it goes ahead and pays on Monday the 9th, then I will have to recalculate the next two paydays. The interest rate for June is 4.00% (whoopee!!!)
