Interfund Transfer 2/17 for 2/18/05

[Guest]

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Show-me wrote:

Every time I see Tom post I can't get that sound effect out of my head. The one when he would do something with his bionic parts.

There are over 7,000 of our guys/gals coming back from Iraq that could use this advance. If you see one of our heros at the airport please thank them. Either they are scared crapless (going) or they are on cloud nine (coming back). You will make their day and they deserve it.

Thank you!

 

[TEUFEL HUNDEN]

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Maxwell wrote:

Tom,

I have a question. I was wondering what the difference is really between making interfund transfers and contribution allocations.

Contribution allocations are what is comming out of your pay check into your TSP account. You can choose how you wish to contribute throughout the funds.

Interfund transfers is the $ that is already in your TSP account. You can choose how you wish to transfer the $ around through the funds.

EX: Lets say you paid $100.00 a month from your pay check into your TSP acount in the G Fund for 10 months you would have roughly $1000.00 plus gains from the fund. Now it is the 11th month and you wish to do an interfund transfer, so you transfer$1000.00 into the I fund, youstill have your contribution allocation paying $100.00 into the G fund. if you do not change it then it keeps paying from your paycheck into the G fund, so at 12 months you would be sitting at around $200.00 G Fund (plus gains) and $1000.00 I fund (plus gains or minus losses)

 

[Rod]

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Dr_Dubious wrote:

There are over 7,000 of our guys/gals coming back from Iraq that could use this advance. If you see one of our heros at the airport please thank them. Either they are scared crapless (going) or they are on cloud nine (coming back). You will make their day and they deserve it.

Thank you!

Thanx Dr!:^

When I deploy, I'll be more worried about not being able to manage my TSP in atimely manner.

But hey, maybe that'll keep my mind off of everything else.

God Bless:^

 

[Guest]

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No worries Rod.

Be careful about your mental health also. If you start having problems go see the docs.

In my hometown we have had three people come back from Iraq and hang themselves within five months and two attempted.

The effects of this war will last a couple generations.

God bless you and if you start getting depressed go see the docs, please.

The Pentagon does not keep stats on sucides for post war tramas. But 3 out of37 in my hometown gives me an idea that there is a problem. This is something I will study and I am going to donate a large chunk of change to organizations that are helping them.

 

[nnuut]

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No problem Vectorman. I've been LURKING around here sence Nov. of 2003 and have made some bad calls and some good calls. July of 2004 hurt bad, ask Tom. I think you gave some good advise, for a newbe. I know what the signals are, but sometimes get kicked in the Butt by unknowns, think we all do. If we could make IFT at 14:00 it would help alot. Looking forward to hearing more from you.

Da NNUUT:l

 

[tsptalk]

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Maxwell wrote:

Tom,

I have a question. I was wondering what the difference is really between making interfund transfers and contribution allocations.

Maxwell -

Teufel hit it on the head (above post).I hope it helped. Let us know.

Tom

 

[Rod]

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Dr_Dubious wrote:

No worries Rod.

Be careful about your mental health also. If you start having problems go see the docs.

In my hometown we have had three people come back from Iraq and hang themselves within five months and two attempted.

The effects of this war will last a couple generations.

God bless you and if you start getting depressed go see the docs, please.

The Pentagon does not keep stats on sucides for post war tramas. But 3 out of37 in my hometown gives me an idea that there is a problem. This is something I will study and I am going to donate a large chunk of change to organizations that are helping them.

Thanx for you concerns & support.:^

 

[tsptalk]

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Mike wrote:

For once, I was right about the economic data. I'll gladly take ~1% gain on my account for a couple days' worth of investment.

I'm trying to decide if Monday will be a profit-taking day or not. Hmmmm...

Something ain't right Mike. How'd you get to be on the right side?

Did you pull the trigger or stay invested? (never mind. I see you did go to G.)

Nice job!

 

[Guest]

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tsptalk wrote:

Mike wrote:

For once, I was right about the economic data. I'll gladly take ~1% gain on my account for a couple days' worth of investment.

I'm trying to decide if Monday will be a profit-taking day or not. Hmmmm...

Something ain't right Mike. How'd you get to be on the right side?

Did you pull the trigger or stay invested?

Nice job!

Great move. Believe it or not for the week the NAS was up 5 and the 500 was up about 10. THIS IS A CHOPPY market...if you are the wrong side you can get a limb chopped off. I will be watching your next move. Good going!

 

[Guest]

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Mike wrote:

For once, I was right about the economic data. I'll gladly take ~1% gain on my account for a couple days' worth of investment.

I'm trying to decide if Monday will be a profit-taking day or not. Hmmmm...

Friend of mine was wondering the same thing earlier this morning........hmmmmmmmmmm

Did we make the right choice? I'd say with about 80% certainty, maybe......

 

[Guest]

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Rod wrote:

Hey Tom, now that I think about it, you kinda remind me of someone...

Do you nowfeel like $6,000,000???

Not cool Rod, Steve Austin was my hero growing up. Please don't taint the image.

 

[Guest]

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Farrah Facett. Wow!Imagine bagging that. Actually I have.

Now Charlie Sheen has kicked Denise Richards out.

At this point all I am looking for is a pulse.

 

[Rolo]

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Dr_Dubious wrote:

At this point all I am looking for is a pulse.

haha!

Yes, some standards we just can't concede!

 

[Maxwell]

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Teufel,

Thanks. The way you explained it was perfectly clear, I fully understand the difference between the two now. The thing that was throwing me off, was sometimes when I do the interfund transfer, it does not always seem to go through properly in the distributions in the different funds. I am not sure why this is, or if anyone else has experienced this either.I was wondering if I needed to do the contribution allocations to correct this problem when it does not seem to go through properly. So I guess if I do thatthen it might correct that problem of not going through in the distribution of the funds,in addition to any future contributions from my paycheck will be allocated as such as well. What about if you wanted to increase the amount taken out of each paycheck and put into TSP, how do you do that? I don't see that feature, unless I am missing it, on the tsp website. I believe the limit is 15% for FERS, right? Thanks.

Maxwell


Tom - thanks also.

 

[TEUFEL HUNDEN]

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Maxwell,

sometimes when you make an Interfund transfer on the web site and you look at your account after you have done the IFT it looks as if it did not happen. If you attempt to make another IFT it will show the IFT you just requested and give you the option of canceling or changing it.

I'm active military, when I increase my % from my pay check I use mypay throughDFAS. I do not know how you could do it via the internet, but you can down load the proper forms off the TSP website and mail them in.

Tom, waiting for that golden op to jump in huh?

 

[tsptalk]

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TEUFEL HUNDEN wrote:

Tom, waiting for that golden op to jump in huh?

It's not so much that I'm looking for agood opportunity to get in, although one will eventually present itself, but rather I'm looking at this as the time to be out. I wouldn't feel good about having hundreds of members who follow my moves beingfully invested when my indicators are this mixed.

 

[Maxwell]

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Teufel,

When I make the interfund transfer, I am of course not expecting to see the change right away. I understand about making the transfer before 12 p.m. and the change being effective the next day, and making the transfer after 12 p.m. and the change being effective in 2 days. What is throwing me off is that after 2 days, I look at the contributions to my account and it shows the proper percentages in the different funds, and then when I look at my distributions in the different funds, next to the shares and share prices, it is not reflected the same way, it still shows the distribution as per my last interfund transfer, not the latest one, and this is 2 days or even more later. I don't know why that is. Have you ever heard of something like that happening or seen it yourself? The way I corrected it last time, was that after I made the interfund transfer, I also made the same change in the contribution allocations, and I got confirmation the next day that the change was made, and when I looked, the change was made in the allocations and in the distributions properly. Still not sure why that is. If you know, let me know. Thanks.

Maxwell

 

[Guest]

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Maxwell wrote:

When I make the interfund transfer, I am of course not expecting to see the change right away. I understand about making the transfer before 12 p.m. and the change being effective the next day, and making the transfer after 12 p.m. and the change being effective in 2 days. What is throwing me off is that after 2 days, I look at the contributions to my account and it shows the proper percentages in the different funds, and then when I look at my distributions in the different funds, next to the shares and share prices, it is not reflected the same way, it still shows the distribution as per my last interfund transfer, not the latest one, and this is 2 days or even more later. I don't know why that is. Have you ever heard of something like that happening or seen it yourself? The way I corrected it last time, was that after I made the interfund transfer, I also made the same change in the contribution allocations, and I got confirmation the next day that the change was made, and when I looked, the change was made in the allocations and in the distributions properly. Still not sure why that is. If you know, let me know. Thanks.

Maxwell

Maxwell, interfund tranfers and contribution allocations are different entities. They have to be changed seperately. Interfund transfers move around money that is already in your account. Contribution allocations change the way "new money" is dispersed in your account from each pay check. When you log into your account to make changes, just look at the options. You'll see it.

 

[tennisguy]

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Well the G fund did not get the .01 today. Maybe tomorrow



Tennis Guy

 

[grandma]

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The daily update tonight (Monday/3-7): I understand the concept of the smart vs dumb money, and the experience level of these folks. But when you get into the divergence and percentages of highs and new highs, I am bewildered.:% That doesn't put me into the `dumb' - it just means my dyslexia won't compute, and, I don't want to overload it!!:l

:iI will just take what you say as truth, and watch for your move whenever these lines do whatever it is you want them to do. !!

Best of the market to you = Grandma