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I fund for September 08
- Thread starter Corvette
- Start date
fedgolfer
TSP Pro
- Reaction score
- 26
hoping for a little more icing to top this cake off.
XL-entLady
TSP Pro
- Reaction score
- 48
A financial expert on CNN.com says:
"... You can't just add money. We don't have a surplus. We don't have a positive balance. So if you need to come up with $700 billion, you have to print money as it were. The government has to issue bonds and get that money, and the effect of that is to lower the value of the U.S. dollar, which makes it more expensive for us to buy all those imported goods that we do buy. So you are likely to see a drop in the value of the dollar if this deal goes through."
http://www.cnn.com/2008/US/09/25/velshi.economy/index.html
If he's right, and IMHO he is exactly right, then that means what for the I Fund? Who has been paying attention to today's lesson, Class?
:laugh:
Lady
"... You can't just add money. We don't have a surplus. We don't have a positive balance. So if you need to come up with $700 billion, you have to print money as it were. The government has to issue bonds and get that money, and the effect of that is to lower the value of the U.S. dollar, which makes it more expensive for us to buy all those imported goods that we do buy. So you are likely to see a drop in the value of the dollar if this deal goes through."
http://www.cnn.com/2008/US/09/25/velshi.economy/index.html
If he's right, and IMHO he is exactly right, then that means what for the I Fund? Who has been paying attention to today's lesson, Class?
:laugh:Lady
Frixxxx
Moderator
- Reaction score
- 131
Don't care today, not in the I Fund today or anytime soon.
I have all my position ready to execute on the forex market. I am now in the process of trying to get paid in Euros or Yen.Who has been paying attention to today's lesson, Class?
Lady
ATCJeff
Market Veteran
- Reaction score
- 26
A financial expert on CNN.com says:
"... You can't just add money. We don't have a surplus. We don't have a positive balance. So if you need to come up with $700 billion, you have to print money as it were. The government has to issue bonds and get that money, and the effect of that is to lower the value of the U.S. dollar, which makes it more expensive for us to buy all those imported goods that we do buy. So you are likely to see a drop in the value of the dollar if this deal goes through."
http://www.cnn.com/2008/US/09/25/velshi.economy/index.html
If he's right, and IMHO he is exactly right, then that means what for the I Fund? Who has been paying attention to today's lesson, Class?
Lady
On the downside, as the dollar falls, oil price goes up! Higher price of oil and the falling dollar will help the I fund. But, as oil climbs higher, our economy could slow further and push the overall market down. Kinda like a double edge sword. I fund could be a good short term play.
The_Technician
Market Veteran
- Reaction score
- 15
Corvette,EAFE final up +$0.1731
plus FV Thursday (previous) of +$0.1263 = +$0.2994
plus mystery money of +$0.0401 = +$.3395 final
First I like to say I greatly appreciate your FV posts. They are a great checksum for my results which I haven't totally proven correct and sometimes I can't update when I want. So I check up on what your results are frequently.
I think the mystery money showed up about 3 days ago in your calculation....that's when my calculation was up 4 pennies.....I thought I was wrong at the time and waited to see if it panned out. I think you may have gotten bad info a few days ago from internet sources....because generally, your calculation pans out daily.
Thanks again,
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