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nasa1974's Account Talk
- Thread starter nasa1974
- Start date
- Reaction score
- 821
Great rally today. Congrats to all. But NOW WHAT!!! Wednesday, do we see capitulation, another rally or the way things have gone lately a new low.
It just seems like everything is a knee jerk reaction to something. Since we do not have extra IFT's nor a crystal ball I guess we just have to keep our fingures crossed.
It just seems like everything is a knee jerk reaction to something. Since we do not have extra IFT's nor a crystal ball I guess we just have to keep our fingures crossed.Great rally today. Congrats to all. But NOW WHAT!!! Wednesday, do we see capitulation, another rally or the way things have gone lately a new low.
We hope to see an extension of todays rally. From start to 11:30am.
If at that time it becomes obvious that the day may not make us happy,
then we consider a quick bail out before losing all of todays gains. That
could happen anyway before the day is out. I sayed in after October 13th
and paid a price. If we can't see a carry over, then we might be looking at
testing the lows (or at minimum the low range) again.
- Reaction score
- 821
As always you are wise Oh, Jedi master.
Have a good evening. Heading off to lala land. 5:00am comes real fast.
- Reaction score
- 821
Congrats to those in the I and S funds today. What is with the 4 o'clock hour that sends the market into a tailspin? I sure hope tomorrow is a good day for the C fund because I am really contemplating going back into G for the start of November.:worried: I agree with some smarter people than me on this MB that say we have not seen bottom yet. It just feels to me that November is going to really test that thought.
I'm not in Kansas any more Toto and no matter how many times I click these darn ruby red slippers I ain't going anywhere.
I sure hope tomorrow is a good day for the C fund because I am really contemplating going back into G for the start of November.:worried: I agree with some smarter people than me on this MB that say we have not seen bottom yet. It just feels to me that November is going to really test that thought.I'm not in Kansas any more Toto and no matter how many times I click these darn ruby red slippers I ain't going anywhere.
- Reaction score
- 821
Posted this on Squalebears account also.
Here is something to look at sipping your coffee.
If you split the tracker, top 80 vs bottom 80 there are some interesting numbers.
TOP 80
33 are 100% G (including the top 10)
3 are 90% or better G
1 is 80% or better G
BOTTOM 80
11 are 100% G
2 are 90% or better G
3 are 80% or better G
#1 tracker 16.83%
#161 tracker 44.50%
The first 17 in the tracker are positive YTD. Everyone else is negative YTD.
Currently sitting 90%G 10%C. More than likely going all G today.
Glad October is over. Not looking forward to November. Good Luck to all.
Here is something to look at sipping your coffee.
If you split the tracker, top 80 vs bottom 80 there are some interesting numbers.
TOP 80
33 are 100% G (including the top 10)
3 are 90% or better G
1 is 80% or better G
BOTTOM 80
11 are 100% G
2 are 90% or better G
3 are 80% or better G
#1 tracker 16.83%
#161 tracker 44.50%
The first 17 in the tracker are positive YTD. Everyone else is negative YTD.
Currently sitting 90%G 10%C. More than likely going all G today.
Glad October is over. Not looking forward to November. Good Luck to all.
- Reaction score
- 821
Hopefully someone smarter than me can answer this question. I do not want to ask FRTIB unless I have to.:suspicious:
If I am 100%G and my contribution allocation is set up for C. Will it count as an IFT? Will it even deposit the contribution into C if there are no current shares?
Thanks
If I am 100%G and my contribution allocation is set up for C. Will it count as an IFT? Will it even deposit the contribution into C if there are no current shares?
Thanks
Your Contri. Allocation will NOT count as a IFT.
It is seperate and has nothing to do with share amounts, nor IFT's.
- Reaction score
- 821
Your Contri. Allocation will NOT count as a IFT.
It is seperate and has nothing to do with share amounts, nor IFT's.
OK, Answer this. C is $10.95 a share and say my contribution is $700.00. If I currently do not have any shares in the C fund will the FRTIB deposit 63.9269 shares to my account?
justbizness45
TSP Analyst
- Reaction score
- 16
- Reaction score
- 821
luv2read
Market Veteran
- Reaction score
- 18
and THAT's how you get 2 more "IFT's" each month. Use your contributions to increase shares where you want em.
Remember, like SB said, it's NOT an IFT....your're not TRANSFERing shares, you're BUYING shares. Not the same as an IFT, just a way to increase your shares.
Remember, like SB said, it's NOT an IFT....your're not TRANSFERing shares, you're BUYING shares. Not the same as an IFT, just a way to increase your shares.
- Reaction score
- 821
For all Veterns of the Armed Forces.
New Law Authorizes Veterans’ Salutes during National Anthem
October 30, 2008
WASHINGTON -- Veterans and active-duty military not in uniform can now render the military-style hand salute during the playing of the national anthem, thanks to changes in federal law that took effect this month.
“The military salute is a unique gesture of respect that marks those who have served in our nation’s armed forces,” said Secretary of Veterans Affairs Dr. James B. Peake. “This provision allows the application of that honor in all events involving our nation’s flag.”
The new provision improves upon a little known change in federal law last year that authorized veterans to render the military-style hand salute during the raising, lowering or passing of the flag, but it did not address salutes during the national anthem. Last year’s provision also applied to members of the armed forces while not in uniform.
Traditionally, members of the nation’s veterans service organizations have rendered the hand-salute during the national anthem and at events involving the national flag while wearing their organization’s official head-gear.
The most recent change, authorizing hand-salutes during the national anthem by veterans and out-of-uniform military personnel, was sponsored by Sen. Jim Inhofe of Oklahoma, an Army veteran. It was included in the Defense Authorization Act of 2009, which President Bush signed on Oct. 14.
The earlier provision authorizing hand-salutes for veterans and out-of-uniform military personnel during the raising, lowering or passing of the flag, was contained in the National Defense Authorization Act of 2008, which took effect Jan. 28, 2008.
New Law Authorizes Veterans’ Salutes during National Anthem
October 30, 2008
WASHINGTON -- Veterans and active-duty military not in uniform can now render the military-style hand salute during the playing of the national anthem, thanks to changes in federal law that took effect this month.
“The military salute is a unique gesture of respect that marks those who have served in our nation’s armed forces,” said Secretary of Veterans Affairs Dr. James B. Peake. “This provision allows the application of that honor in all events involving our nation’s flag.”
The new provision improves upon a little known change in federal law last year that authorized veterans to render the military-style hand salute during the raising, lowering or passing of the flag, but it did not address salutes during the national anthem. Last year’s provision also applied to members of the armed forces while not in uniform.
Traditionally, members of the nation’s veterans service organizations have rendered the hand-salute during the national anthem and at events involving the national flag while wearing their organization’s official head-gear.
The most recent change, authorizing hand-salutes during the national anthem by veterans and out-of-uniform military personnel, was sponsored by Sen. Jim Inhofe of Oklahoma, an Army veteran. It was included in the Defense Authorization Act of 2009, which President Bush signed on Oct. 14.
The earlier provision authorizing hand-salutes for veterans and out-of-uniform military personnel during the raising, lowering or passing of the flag, was contained in the National Defense Authorization Act of 2008, which took effect Jan. 28, 2008.
- Reaction score
- 821
From Govexec.com, http://www.govexec.com/story_page.cfm?articleid=41331&dcn=todaysnews
TSP funds continue to slide in October
Part of the article is quoted below.
"...Those losses deepened the overall declines for the life-cycle funds both in 2008 and for the past 12 months. The L 2040 Fund is down 29.82 percent in 2008 and 32.73 for the past year, the L 2030 Fund is down 26.11 percent in 2008 and 28.73 percent for the past 12 months. The L 2020 Fund has declined 21.83 percent since the beginning of the year and 24.06 since October 2007. The L 2010 Fund is down 10.57 percent this year and 11.77 percent from the same time a year ago, while the L Income Fund has fallen 5.43 percent in 2008 and 5.78 percent during the past 12 months"
Now explain to me again why the FRTIB really wants us to have our money in the "L" Funds.
In comparrison 2/3 of us in the tracker did better than the L funds and that is with only 2 IFT's. So much for these people having our best interest in mind for our retirement.
Something else to ponder. We are now in the beginning of Novemebr. The FRTIB has not posted their September or October meeting minutes. Isn't it ironic that those are the two months that have had the worst returns in many months. Is there something they do not want us to see?
TSP funds continue to slide in October
Part of the article is quoted below.
"...Those losses deepened the overall declines for the life-cycle funds both in 2008 and for the past 12 months. The L 2040 Fund is down 29.82 percent in 2008 and 32.73 for the past year, the L 2030 Fund is down 26.11 percent in 2008 and 28.73 percent for the past 12 months. The L 2020 Fund has declined 21.83 percent since the beginning of the year and 24.06 since October 2007. The L 2010 Fund is down 10.57 percent this year and 11.77 percent from the same time a year ago, while the L Income Fund has fallen 5.43 percent in 2008 and 5.78 percent during the past 12 months"
Now explain to me again why the FRTIB really wants us to have our money in the "L" Funds.
In comparrison 2/3 of us in the tracker did better than the L funds and that is with only 2 IFT's. So much for these people having our best interest in mind for our retirement.Something else to ponder. We are now in the beginning of Novemebr. The FRTIB has not posted their September or October meeting minutes. Isn't it ironic that those are the two months that have had the worst returns in many months. Is there something they do not want us to see?
- Reaction score
- 821
Are you sure they didn't post Sept's Minutes. I thought they had.?
Going to their website it ends at August.
FRTIB Board Members Meeting Minutes
http://www.frtib.gov/FOIA/minutes.html
Now I might have missed September if the minutes where posted somewhere else.
Your right ! I couldn't find them either. Makes one say; Hmmmmmmm?:notrust::suspicious:
- Reaction score
- 821
Used my second IFT for the month already. Take a short rally, recover a little closer to zero and sit on the sideline for the rest of the month.
50%G, 10%F, 20%C, 10%S and 10%I as of COB today.
I wonder how much money gets moved in and out of funds today? Maybe the FRTIB will get a bit pale and get sweaty palms.
After what has happened to the L funds, the last two months, it would be nice if the FRTIB would eat a little crow over their "buy and hold" comments.
50%G, 10%F, 20%C, 10%S and 10%I as of COB today.
I wonder how much money gets moved in and out of funds today? Maybe the FRTIB will get a bit pale and get sweaty palms.
After what has happened to the L funds, the last two months, it would be nice if the FRTIB would eat a little crow over their "buy and hold" comments.
