moneymikem's Account Talk

Monday I think I'll be in the F for 75% and G 25%. It looks like the F fund is doing a little something. Why not give it a try! :nuts:
 
Re: moneymikem account talk

moneymikem, welcome to the Message Board. Best of luck!!
Norman:D
 
Re: moneymikem account talk

Thanks nnuut for that nice welcome. I've just started in here and feel like there is a lot to be learned from others. Every day it seems like something helps me learn more about when and where you have your account. I have shown a couple of guys at work the forum. They should be getting in here around the first of the year. We're always wanting to see how each other has done. The competition is fun but we still hate to see someone lose after a hard battle to win it back. I think I'm going to be in 100% G for Tuesday. I'm within 5% of my personal goal so I'm trying to get a little here and there but not get too aggressive. Any suggs for the holiday? Mike
 
Re: moneymikem account talk

Tough time for the Markets lately Mike. I suggest you be very careful, don't try and jump in the Market at the 1st little bounce or big bounce as you can see by this week. Wait until a turn around is evident, you don't have a turn around in one day. To establish a trend there must be at least 2 and it is recommended 3 points to establish a trend. Even at that it can turn around and head back down in a snap. Check out the S&P ("C" fund). Be nimble.
Norman:D
http://stockcharts.com/h-sc/ui?s=spx&p=D&yr=0&mn=9&dy=0&id=p55192775979
 
Re: moneymikem account talk

It is sometimes hard to move at the right time. I usually get distracted by something here at home before I want to make my move. I'll just have to plan other things after moving. I work 2nd shift so at least I can watch the market during open hours. I'll keep a watch on the C fund.:D
 
This is where you post your fund allocations, invstment strategy, and talk about your TSP account and the markets. I have created your user profile in the Automated Tracker so you can start entering fund allocations and IFTs. Good investing!

I'm in for 25% G and 75% F for Monday 11/19.:)
 
How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike:cool:
 
How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike:cool:

Mike,

I assume a daily interest rate equal to current annual interest rate (4.5%) divided by 365 days. The interest compounds daily and I assume that TSP does not give us the penny until the interest is either at or over the next penny increment. Since we do not always know TSP's exact internal number, due to rounding differences, there is sometimes a question as to the exact payday. However, I do not believe this is the case for this payday.

Keith
 
How do you calculate to get the G fund's penny? I usually figure after the 5th day of no change. I have seen after the 4th and 6th as well but not as often in the 5th. Thanks Mike:cool:

BTW, the G fund payout should be on Monday for at least the next 5 Mondays after today, due to the weekend days.
 
Thanks Keith for that valuable knowledge. I'll have to tell this to my buddy who is always guessing at it to. I'll still managed to have 25% in there for the penny. Thanks Mike :D
 
I'm going to be in the G fund 100% for Monday to catch the G penny. I'm playing around some this next week. I'll watch it very close. Hope everyone didn't eat too much! :toung: Trade with ya'll later. :cool:
 
What a great time for the market to hit. The bounce on Friday help me to get within 1% of my goal. I didn't think it would be possible after 11/10. I'll play some, but should have no trouble coasting in. I'll be in the G fund for a week or two at least. No need to get too aggressive right now. Maybe after a smooth out period. I'll be in the cave reading the MB.:cool:
 
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