Newbie 7/29

[RedTRex]

Greetings All,
New as of yesterday and am quickly trying to obtain more knowledge. Retired Navy with pension , and have been Civil service for 5 yrs now have slowly been building a TSP account. currently have 20% S and 80% C and just doing the DCA method. +26% for gain according to TSP last year if their last 12 month tracker at the bottom is any kind of accurate. Stayed put trough Covid and recovered and up 6%. But probably could have made a bunch more if I knew what I was doing. Although DCA does seem to work I guess....

Anyway, first question, when looking at the charts displayed at the bottom of this site for the funds DWCPF (S Fund) for example, it's is tracking around 1500 units. How is that converted to the share price I see on the TSP site?

Rick

 

[tsptalk]

Anyway, first question, when looking at the charts displayed at the bottom of this site for the funds DWCPF (S Fund) for example, it's is tracking around 1500 units. How is that converted to the share price I see on the TSP site?

Welcome, RedTRex!

It's more about percentage gain and loss. If the DWCPF is up 1.1% on a given day, there's a direct correlation to the S-fund being up very close to 1.1%. So, if you take the prior day's share price and multiply it by 1.011, you'll get a pretty close estimate of what the S-fund price will close at that day.

 

[RedTRex]

Makes sense of course. Thanks

One of my favorite shows is "How It's Made" (Science Ch), Just interested in knowing how the conversion is done.