Monthly return rate - G

It dipped a bit but it has actually almost doubled since January:

090322a.gif


Still relatively low, but it should move up as the Fed raises rates.
 
It dipped a bit but it has actually almost doubled since January:

090322a.gif


Still relatively low, but it should move up as the Fed raises rates.

As of September 2022, the TSP G Fund interest rate is 3.375%[FONT=&quot].
These 3 URLs are updated Monthly
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https://www.tspfolio.com/tspfunds[FONT=&quot]
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https://www.tspfolio.com/tspgfundinterestrate
https://www.tspfolio.com/tspgfund[FONT=&quot]
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This is weird.

If the TSP Loan interest rate is still the interest return of the G-Fund, then the G-Fund interest rate is now 2.88%

You can get there via:
  1. Log onto TSP
  2. Select 'Savings & Retirement' from the Top/Center menu
  3. Select Loans

Why is that weird???

Because, on Friday I provided this rate in another thread - and, it was 3.12% :notrust:

So, over the long weekend the interest rate on TSP loans changed - to the lower. And, perhaps, the interest rate on the G-Fund changed - to the lower. In a period of rising interest rates. Hmmmm
 
This is weird.

If the TSP Loan interest rate is still the interest return of the G-Fund, then the G-Fund interest rate is now 2.88%

You can get there via:
  1. Log onto TSP
  2. Select 'Savings & Retirement' from the Top/Center menu
  3. Select Loans

Why is that weird???

Because, on Friday I provided this rate in another thread - and, it was 3.12% :notrust:

So, over the long weekend the interest rate on TSP loans changed - to the lower. And, perhaps, the interest rate on the G-Fund changed - to the lower. In a period of rising interest rates. Hmmmm

The whole frigging site is weird. The date for my current balance shows as Sept 1 yesterday and September 2 today -- same balance. WTF? This is true every time I look at my balance. It is impossible for me to know for certain what my current balance is and when it became that amount from this site. I just don't frigging trust the site. I keep thinking "Brewsters Millions".
 
With the G fund increasing by 0.0016/day, with this formula in Excel I get an annual return of about 3.48%. Hopefully that jumps up to near 4% in October.
=(1+0.0016/17.05)^365-1
An increase of 0.0018/day would equate to 3.93%/year.
 
it looks to me like it is still at the daily .0016 rate, as of today. Am I reading it wrong?? i saw somewhere else that the rate for Oct. was up to 4%. Is the TSP ripping us off??
 
On January 1st the "G" fund was $16.7365 per share. On September 30th it was $17.0620 per share. The "G" fund is up .33 for the year so far. It is averaging about .04 per month.
 
The G fund paid 0.0281% on Monday. It's always higher on Monday since it incorporates Sat and Sun.

Last Monday it was +0.0276%

We'll see what a Tuesday brings compared to last Tuesday.

it looks to me like it is still at the daily .0016 rate, as of today. Am I reading it wrong?? i saw somewhere else that the rate for Oct. was up to 4%. Is the TSP ripping us off??
 
The annual rate of return on the G-Fund is the same as the interest rate on a TSP loan.

As of today, the interest rate on a TSP loan is: 3.38%

Remember, these rates are not lock step with FED rates. They do, however, tend to increase as bond rates increase - to remain 'competitive' or nobody would buy them. I am not certain, but I think the Treasury sets these rates. If interested, this is the rate of return our Social Security 'lock box' funds are making - although politicians have been promising benefits requiring about a +1% float to cover.
 
Today's increase in the G fund was 0.0019, a nice jump this month.

=(1+0.0019/17.06)^365-1 = 4.15%
 
Today's increase in the G fund was 0.0019, a nice jump this month.
=(1+0.0019/17.06)^365-1 = 4.15%

That was +0.0111% vs. last Tuesday which was +0.0094%, so it is going up.

As to the other part of your post... :blink:
 
For November, looks like the G fund share price is gaining 0.00195 per day on average, which works out to 4.24% for a full year at that pace.
 
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