Going back to G fund for 3/31

[tsptalk]

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I will be getting out of the I fund as anticipated and I will temporarily get back into the G fund. I am really itching to get into the stock funds but the short term indicators are just too negative today. A one or two day pullback could be all I need to see however, to jump in.

3/30/04, initiating a transfer to 100% G fund effective 3/31/04

Tom

 

[tsptalk]

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The market is hanging tough so far. I see that the EAFE quotes, ^EFV and EFA,are showing quite different readings. ^EFV is up about a quarterpercent while the EFA is down about a quarter percent. Unfortunately, the EFA is usually more accurate. I will feel pretty good if that is all the damage we get today. I will feel as if I dodged a bullet.

The question is, is this just a mini consolidation before another strong day, or is this the indices stalling into resistancebecause ofthevery short term overbought indicators, which may send give the bears some fuel?

I'm hoping for some selling tomorrow but it's a tough call. The market seems to be trying to gain momentum for the next leg up.

Tom

 

[tsptalk]

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The market is showing amazing resilience. Although the I fund appears to be the low man on the totem pole today, itshould see again. Much better than I had anticipated and better than if I had not gotten into the I fundfor today.

Tomorrow (Wednesday)I will be back in the G fund so I'm hoping the market takes a breather before continuing up.

 

[JerBer]

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I tell you Tom, it's enough to make you lose your mind sometimes! Sitting on the sides waiting for the market to slow down, and it keeps going up everyday:shock:! Could it be that there won't be another down leg before it takes off?

Hey, I know a sure fire way to get them down... I'lltransfer all my$ into the C & S funds and we're sure to have a few days of negative gain! Works like a charm!

JerBer

 

[tsptalk]

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Memories of January. But I'm not waiting for a 10% pullback like I was then. A down day or two will do. If you feel you will miss the boat, by all means get in. I'm still think 20-30% year in stocks after all is said and done. Big earnings reports due, job reports should get better, the election protection. I should probably take that advice myself rather than try to get too cute.

Tom

 

[COONDOGCEMETARY]

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if thats the case , stay out until im rich, lol

 

[puertorico]

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Tom are u gonna do a move today ?

or just stay put on G for now that the

market breakdown:shock:

 

[tsptalk]

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I'm thinking I'll wait for Friday or Monday. After the jobs report.

I remember last month we had a very disappointing jobs report and the market rallied strongly by the end of the day. It didn't digest that info and drop until the following trading day. I wonder what a good report will do? Drop, then rally Monday?

Tom

 

[lucky]

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Do you track the G fund daily? If so where is it posted and why do you favor it. Do you find it really makes you money or do you just park there untill you think you can jump back in to the C, S or I. I saw a post about timing the G and I didn't really understand what they were talking about in terms of the payouts.

I've been 50/50 C and S this week. Have done quite well enen though I will take a hit tomorrow?I do have to say I amcurrently at an alltime high today so I guess I can't complain.I can't decide if I want to stay or go back to I. As I said before I usually hide in F. I assume you think G is better and would like you to shead some light on your move.

Also, I read the TSP charges administration fees monthly, do you think we pay more if we move our funds around rather than kkep them in one place throughout the month?

Thanks,

Lucky

 

[Wheels]

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Hi Lucky. Why do you think the S and the C are going to do poorly tomorrow?

To try to answer a couple of your questions, the G fund goes up (only up) at a rate determined by U.S. Treasuries. Right now it's somewhere around 4%. Since our funds have been assigned a share price rounded off to the nearest penny, that means the G fund will go up one cent every 5 or 6 days. So even if you haven't been in the G fund for a few days, you can move into it for one day and get the 1 cent increase.

We pay administrative fees equally regardless of how often you move your shares around.

Did you see my post on the I fund? I found out that the closing price of the I fund includes the closing prices from foreign markets from earlier that same day. There's no way to see that Japan is doing well, and then move into the I fund to take advantage of it. You've been very lucky indeed.

Dave

 

[tsptalk]

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Wheels answered most of your questions but I Just wanted to add a little...

Do you track the G fund daily? If so where is it posted and why do you favor it.

I track the daily quoteson http://www.tsp.gov/rates/share-prices.html
and I also keep track of the returns of the G, and all funds on
http://www.tsptalk.com/returns/returns.html.

Do you find it really makes you money or do you just park there untill you think you can jump back in to the C, S or I.

As wheels said, it can't go down so I use it as a hiding place when I think the market might come down.I would also use the F fund but I'm not too keen on bonds currently.

I've been 50/50 C and S this week. Have done quite well enen though I will take a hit tomorrow?I do have to say I amcurrently at an alltime high today so I guess I can't complain.

If you've been riding the stock funds on the way up and don't mind the fluctuations, then I agree, you might as well let it ride.

Hope that helps,
Tom

 

[Frizz B.]

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Tom, I do thank you for the I fund, I did wait an extra day and pick up an extra $1200 than if I was in my C Fund. I did switch back to the yesterday for today.

Thanks again

 

[tsptalk]

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It's very frustrating sitting on the sidelines while the market shoots up. I like to console myself by saying I'm preserving my capital for a better risk/reward opportunity. Bull. This stinks. If the jobs report wasn't tomorrow I'd probably bite the bullet and get in, but you never know what could happen Friday. My guess is the report will be good, but have we already seen that factored into the market?Possibly.

If you haven't gotten in yet, be careful. In the long run it won't be a major factor, but the only thing more frustrating than being on the sidelines when the market is shooting up, is jumping in late and having it shoot down.

Tom

 

[smine]

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Tom, I sense conflict. Bottom line is you're staying in G 100% ? It was more fun when it soared last fall! I am following you with 80% G, with a dabble of 10% each in S and I. The jobs report will make us wish we were in F or not necessarily?

 

[puertorico]

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I just change from 100% to 70-G - 10-C - 10-S - 10-I

I want to be in the game just in case

nOw i'm scare :shock:

 

[puertorico]

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I think the lastmonth wich a bad report the

market went up anyway.That whyI'll take the risk :shock:

 

[tsptalk]

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Yes, smine, I'm still 100%in G. Sorry if I confused you.

I'm not even thinking about the F fund. Eventually the jobs should start showing up in these reports and that will mean higher bond yields and a lower bond fund.

I'm not scared that we will have a bad jobs report. I'm scared we will have a good one and the market will take off without me again. The only reason I'm on the sidelines is because of the indicators. Even a good jobs report could be a "sell on the news" situation as people have obviously been "buying the rumor." That's what I'm counting on. If the report is bad, all the better for those of us on the sidelines. But like I said, the jobs are being created (per many economists). They just haven't shown up yet in these reports yet.

PR -
If you are going to be wrong, being too bullish is better than being too bearish right now. I'm glad you got something in the market. I hate to see anyone not make money because of me.

I don't consider that I'm too bearish. Bears bet that the market is going to go down. They actually lose money when it goes up. I'm just on the sidelines being neutral right now.I was bearish is January but no longer.

Tom

 

[puertorico]

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I was seeing my oldTSP statements,And in 2000 to 2002

I dont even knowitthat was a bear market:shock:

I was to risky ANd I have big chunk of looses.Now after

this site I feel more educated doing transfer.tHANKs a lot.

This forrum has beenwhat a lot o people like me were

looking for.

I most of the time follow u step.SOMe times I do my

own risk.Thank a lot "this forrum has been good to me

 

[tsptalk]

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Thanks PR! I appreciate that. Since I don't really make any money doing this, knowing I am helping makes it worthwhile. Plus I enjoy it

Tom

 

[JerBer]

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Ditto Puertorico, this site has been an invaluable resource for me since stumbling onto it a while back. I have learned SOOOOOOOO much in the last month and a half, it's just incredible! And I've been sharing the wealth with coworkers that didn't even know their pin, couldn't tell me where their funds were allocated, etc. So I'm just trying to enlighten them a little bit about awareness, and in the process, tell them about this goldmine-of-a-find!

I know I'll probably be kicking myself, but I jumped back in the game for tomorrow's job report day! Even if I lose some tomorrow, I can't bear (no pun intended) sitting on the sidelines while the numbers go up and up and........

So..................... 25% S , 25%C , & 50%I

Straight ahead, missiles be damned!!

JerBer