G Fund

[fabijo]

I'm wondering if I have this right...

The G Fund is invested in special certificates from the Department of the Treasury, Bureau of the Public Debt. I've been snooping around their site and found that the Federal Retirement Thrift Investment Board has an account called "Thrift Savings Fund" and the fund number is 26X6153. You can download a list of what the overnight rates are for the past month by going here:

ftp://ftp.publicdebt.treas.gov/dfi/price/dfi_rates.txt

And you can see the monthly statement for the Thrift Savings Fund here:

http://www.publicdebt.treas.gov/dfi/dfifederalinvestreports.htm

Just click a month, then choose fund number 26X6153. From what it looks like, the rate they get on the certificates is an overnight rate, that changes every day. But they are only giving us one rate for the whole month, which looks to be less than the overnight rates throughout the month. Last month, it looks like they're rate was over 5.2% the whole month, but the return we were getting on the G Fund was 4.7% Are they pocketing the rest or are they using that as their income to run the TSP so inexpensively?

Also, I wonder if there is a way to figure out more precisely what rate could be coming up for the next month.

 

[mlk_man]

The loan interest rate for new loans differs in the 2 places listed on the website. In the What's New - Current Information - Loan Interest Rate it is listed as 4.625%, but when I look up loan balance available in my account access it lists the loan rate at 4.75%. I guess this means the rate really does change on the 1st of the month and the change does not get propagated to the loan page until later.

Craig

Nice catch. What time did you notice this? I checked it early, about 8:30am I guess and both were 4.75%.

 

[mlk_man]

I still have the next increases as Nov 3rd and Nov 10th. What do you say techy, when you get done playing with your limp wand, let us know what the master thinks.

 

[The_Technician]

I still have the next increases as Nov 3rd and Nov 10th. What do you say techy, when you get done playing with your limp wand, let us know what the master thinks.

I'm getting the 9th as the earliest date it will change.....swish swish....u have a good day mm.....

 

[FundSurfer]

The crystal ball went on record as the penny being paid on Nov. 2. He missed. However, he has told us that he is about 95% accurate with his predictions so he should be good for the next 19 predictions or so.

In November, I have the penny arriving on every FRIDAY (Dec. 1 as well).

 

[mlk_man]

I'm getting the 9th as the earliest date it will change.....swish swish....u have a good day mm.....

Looking good so far. Thanks for caring............swish away limpy.........

 

[FundSurfer]

I'm getting the 9th as the earliest date it will change.....swish swish....u have a good day mm.....

(Don't weasel words us with statements like, "....the earliest date it will change....")

I'll be very clear. Nov 3, 10, 17, 24 & Dec 1 will get the penny. Actually, the only date of those that was close was Nov 3. And the 3rd wasn't as close as late week which I missed. EVERY FRIDAY in November.

 

[FUTURESTRADER]

thanks FS, nice job

 

[mlk_man]

(Don't weasel words us with statements like, "....the earliest date it will change....")

I'll be very clear. Nov 3, 10, 17, 24 & Dec 1 will get the penny. Actually, the only date of those that was close was Nov 3. And the 3rd wasn't as close as late week which I missed. EVERY FRIDAY in November.

I agree with all your dates except the last one FS. I have the penny coming on Nov 30th instead of Dec 1st...............RUT ROH............:blink:

 

[FundSurfer]

Yeah, on further inspection, my call for that date is as close as the call for Nov 3. If someone were to try and time the penny, this would be a date of concern. Might want to either avoid this one or plan to potientially have to stay two days.

 

[ATCJeff]

Hey just use the term the earliest date the G fund will pay is 11-26-06. That way it can pay any day that week or the following Monday.

 

[mlk_man]

LOL, good one Jeff.

Got the penny today. The F fund tanked by 6 cents. The S fund went up by 6 cents. This is about the time that techy stops posting and blames it on something. Guess we'll find out what in a month or so.

58 days and the great cognac is gone..............

 

[mlk_man]

Nice catch on that penny today techy. You go boy!!

 

[tsptalk]

In order to free up the G-fund thread, I moved the mlk_man vs Tech discussion to the Daily Bulletin Board forum...

http://www.tsptalk.com/mb/showthread.php?t=3508

FYI - The threads in the bulletin board forum eventually get deleted.

Tom

 

[mlk_man]

"Should" get the penny in the G fund tomorrow. Bernanke also speaks in Frankfurt tomorrow morning. Decisions, decisions.....................

 

[fedgolfer]

"Should" get the penny in the G fund tomorrow. Bernanke also speaks in Frankfurt tomorrow morning. Decisions, decisions.....................

... so you need to be in the Gfund already to make the penny tonight? or get in the g-fund by today's IFT deadline for the penny tomorrow? confused... I thought the penny will post at cob today.

 

[weatherweenie]

... so you need to be in the Gfund already to make the penny tonight? or get in the g-fund by today's IFT deadline for the penny tomorrow? confused... I thought the penny will post at cob today.

The forecast is for the penny to pay at COB Friday.

So, you can move to the G before the deadline today/Thursday to get the penny Friday.

Clear as mud?

 

[ATCJeff]

The forecast is for the penny to pay at COB Friday.

So, you can move to the G before the deadline today/Thursday to get the penny Friday.

Clear as mud?

Crystal Clear

And I'm not referring to Techie. He's never clear. His crystal is unclear!

 

[FundSurfer]

Tom, thanks for the thread clean-up.

The penny was predicted for yesterday or today. It did not come yesterday. I still think we will get the penny today. The only possible glitch would be if TSP does not update the fund prices at the end of the day. They should if they are accepting money today as the notice on tsp.gov suggest.

 

[mlk_man]

FS, why do you say it was predicted for yesterday or today? I thought we both had it coming today and next Friday? Our only discrepency was I have it coming on the 30th and you have it coming on the 1st?