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Or you can now use TapaTalk again!G Fund
- Thread starter The_Technician
- Start date
JTH
Well-known member
I'm thinking Wednesday (90%) with a small (10%) chance for Thursday.
It could slow down a touch in August with rates dropping in July.
I'm curious if there is a thread you could point me to that explains how to predict when the G-Fund penny will drop?
Thanks...Jason
JTH
Well-known member
That definitely clarifies things for me. I appreciate the great answer that explains it in a concise way that I can understand.
Thanks…Jason
350zCommTech
Well-known member
FYI:
The rate is now 4.75%.
I show the G fund paying again next Tuesday.
saturneptune
Member
It has been so long since I retreated to the G fund, what is the frequency the G fund is paying the penny? How has this sell off affected it? Thanks.
350zCommTech
Well-known member
I have it paying again next Monday. This sell-off has nothing to do with how the G fund penny is paid. It's about interest rates.
350zCommTech
Well-known member
It should pay again next Monday.ok, does it mean that we have to be in the G fund first thing 12:00 Monday morning to receive it or do we still get it if we do an IFT MONDAY before noon? I see people doing IFTS by the COB, but I understood that it does not get posted to be in the system the next day if you do not do it by noon of that day. Other co-workers have conflicting understandings and no one seems to know for sure. Could someone please clarify this for us???
350zCommTech
Well-known member
ok, does it mean that we have to be in the G fund first thing 12:00 Monday morning to receive it or do we still get it if we do an IFT MONDAY before noon? I see people doing IFTS by the COB, but I understood that it does not get posted to be in the system the next day if you do not do it by noon of that day. Other co-workers have conflicting understandings and no one seems to know for sure. Could someone please clarify this for us???
You have to IFT to the G fund before noon est. tomorrow to be in the G fund for Monday's penny.
When people here say "by COB", they mean "IFT before noon that day".
budnipper1
Active member
To be "in" the G fund for Monday and earn the penny at COB, Monday, you have to move to the G Fund before noon on the preceding "business day" which is Friday. (Saturday and Sunday are not business days)ok, does it mean that we have to be in the G fund first thing 12:00 Monday morning to receive it or do we still get it if we do an IFT MONDAY before noon? I see people doing IFTS by the COB, but I understood that it does not get posted to be in the system the next day if you do not do it by noon of that day. Other co-workers have conflicting understandings and no one seems to know for sure. Could someone please clarify this for us???
If you were to move to the G fund on Monday (before noon) you would "buy" the fund at the rate set by the fund at COB that day. (profit = zero)
budnipper1
Active member
350z, buddnipper,
Thank you very much for clarifying this for us! I also shared the nformation on the day the penny drops and everyone thought it was most interesting, co-workers here did not know about it and neither did I.
Again, thank you for sharing your wealth of knowledge with us!
350zCommTech
Well-known member
You're welcome.
budnipper1
Active member
The_Technician
Active member
I've got the G fund paying out Friday also....
The_Technician
Active member
No, its irrelevant.....Similar threads
