nnuut's Account Talk

[JTH]

Maybe I do not see the big picture. It just seems we have been dealt a bad hand.

I agree, you really can't count having 2 IFTs a month if your second one goes to G. I would have been much happier with 4 IFTs a month.

I've already lost out on some nice gains because I find myself being far too conservative. This policy will hurt Greg and the TSP board in the long run. This new policy is crappola...

 

[luv2read]

I think they pulled another fast one on us. Think about it. We have 2 unrestricted IFT's a month that includes G as one of the possible 2. Using your example luv2read, after May 5th you can only pull back into the G fund. Lets say starting May 6th the market sours and continues a downward spin. So you start pulling back percentages into G from C/S/I at 5% a day (maybe everyother day or every couple of days) to try and stop the bleeding. You continue the pullback until you have 5% left in the three accounts when the market starts a slow recovery. You may never redeem the losses you incured for May. It just seems your profit/loss ratio hedges more towards the loss column. You are almost forced to pull everything back into G at the first signs of weakness in the market to prevent a huge loss. Will 5% or less (in the other funds) really gain you anything? Not flaming anyone. Maybe I do not see the big picture. It just seems we have been dealt a bad hand.

That's why I am considering L funds for my 2nd IFT of the month.

You don't have to do increments (DCA) into G, you can always make a 100% move.

Yes, we have been dealt a bad hand with the removal of daily IFT's. We have to live with it for now. We previously had 2 per year at open season, then 4 per year, then one per month, then daily. Two per month is better than any of those, and we can still make money if we have a strategy and stick with it.

 

[nnuut]

People, only use the graduated escape to the "G" fund when the Matket is on an upswing! Back off a little as it rises, then when it falls go 100% "G", Buy at the bottom, where ever that is. SELL HIGH!! BY LOW!! THINK!! 8002!

 

[airlift]

Luv2read,
I am confused, therefore I ask you and any other member that can do so, to pitch and help to make sense of what is unchartered territory. I am sure you can consider going to the L funds for the 2nd IFT of the month. However, you could also choose to go to the F, C, S, or I, at your convenience.

Some members previously posted their belief that there were no restrictions for using the L funds daily. At least they thought there were no restrictions within these funds.

Are we sure that we can go to the L funds at any time without restrictions? Some other members have posted this previously. Other thoughts are appreciated!

That's why I am considering L funds for my 2nd IFT of the month.

You don't have to do increments (DCA) into G, you can always make a 100% move.

Yes, we have been dealt a bad hand with the removal of daily IFT's. We have to live with it for now. We previously had 2 per year at open season, then 4 per year, then one per month, then daily. Two per month is better than any of those, and we can still make money if we have a strategy and stick with it.

 

[nnuut]

Airlift, I haven't seen anything that treats the "L" funds any differently than the other funds, as far as limitations in the allowed number of IFTs.

 

[airlift]

Thanks Nnuut.

 

[luv2read]

Luv2read,
I am confused, therefore I ask you and any other member that can do so, to pitch and help to make sense of what is unchartered territory. I am sure you can consider going to the L funds for the 2nd IFT of the month. However, you could also choose to go to the F, C, S, or I, at your convenience.

Some members previously posted their belief that there were no restrictions for using the L funds daily. At least they thought there were no restrictions within these funds.

Are we sure that we can go to the L funds at any time without restrictions? Some other members have posted this previously. Other thoughts are appreciated!

After you use your two unrestricted IFT's to ANY fund - C/S/I/F/G/L, you can move ONLY TO THE G FUND. However, you may DCA into G or move 100% to G.

You may NOT move to the L funds once you have used your two unrestricted IFT's. You can use one or both of your IFT's to move back and forth between the different L funds and/or C/S/I/F/G. After that, you may move ONLY to G fund. The L funds are fixed percentages that you may not change within each fund. I think that is why my comment confused you.

My comment was that I am considering using my second IFT to transfer to an L Fund if I want to maintain a % in the various funds. From that L fund, I would simply DCA into G. The percentages of the different funds in the L fund would remain the same, but the OVERALL percentage of the L fund would decrease, while G fund percentage would increase.

Example:

May 1 50%C/25%S/25%I > 50%C/50%I = 1 IFT

May 5 > C/I > 100% L Income (maintains small percentage in stocks but majority is in safety of G) = 1 IFT

From here I may move ONLY to G. I can DCA or move 100%

May 15 100% L income >90% L income/10% G

May 20 90% L income/10%G > 50% L income > 50% G

May 31 50% L income/50%G > 100% G

So this way I would still maintain percentage in stocks while preserving capital. Sure, I could figure my own percentages C/S/I/G but if I was rushed and just wanted to make a partial move to G that might be a way to go. Sorry for any confusion this idea may have caused.

 

[airlift]

Thank you!

 

[airlift]

I have not made any moves this month. Currently I am in the F fund. If I decide to IFT 100% to the G fund, this move will not count as one of the two unrestricted moves? Is this correct? Tia.

 

[luv2read]

I have not made any moves this month. Currently I am in the F fund. If I decide to IFT 100% to the G fund, this move will not count as one of the two unrestricted moves? Is this correct? Tia.

If your first move is to the G fund that DOES count as your FIRST unrestricted IFT. You will have ONE unrestricted IFT to any fund (including G). After that, you can move to G as many times as you want. The key word is unrestricted. Two unrestricted moves anywhere you want. Then you are restricted to G. It's a 2+G plan.

That's what it says on TSP. Your first two moves to ANY fund, including G, are unrestricted. After that, you may move ONLY to G fund, either as a100% IFT or in DCA %. You may not move OUT of G after you have used your two unrestricted IFT's.

Another example:

April 30 100% F

May 5 100% F > 100%G = 1 IFT

May 15 100%G > 50%C/25%S/25%I > 50%C/50%I = 1 IFT

From here I may move ONLY to G. I can DCA or move 100%

May 20 50%C/25%S/25%I > 50%C/25%S/10%I/15%G (decreased I - Note none of the stock funds increased)

May 25 50%C/25%S/10%I/15%G > 50%C/25%S/25%G (all out of I)

May 31 50%C/25%S/25%G > 100% G

 

[nnuut]

VALA!!! Move ON!!

 

[nnuut]

Man, how do you spell SIDEWAYS? Comon get going!!!:nuts:

 

[Silverbird]

I think they are hung over from Friday...which is why I bought CS today with my new contributions (Not IFT cause I'm still flighty).

 

[nnuut]

I'm in "C" and "S" and can't go jumping around due to the limitations. So I'm sticken with that until I see a trend! We need one of those mystery spikes at the end of the day!! Where is the PPT when you need them?:worried:

 

[Silverbird]

I'm in "C" and "S" and can't go jumping around due to the limitations. So I'm sticken with that until I see a trend! We need one of those mystery spikes at the end of the day!! Where is the PPT when you need them?:worried:

I'm predicting we'll see them later this week, or maybe early next week, right now people just taking short term gains...though I'm hardly an expert - I'm still no gains, no losses.

 

[nnuut]

A Bullish take on the current Market situation:View attachment 3841
http://uk.youtube.com/watch?v=ha18Cq2dVFs

 

[RPM]

From here I may move ONLY to G. I can DCA or move 100%

May 20 50%C/25%S/25%I > 50%C/25%S/10%I/15%G (decreased I - Note none of the stock funds increased)

May 25 50%C/25%S/10%I/15%G > 50%C/25%S/25%G (all out of I)

May 31 50%C/25%S/25%G > 100% G

Are you sure we can DCA into G with as many IFT as we want? I thought it's just 1 more IFT into 100%G.

I am still confused about the new rules, and have stayed put when don't know any better... TIA

 

[luv2read]

Are you sure we can DCA into G with as many IFT as we want? I thought it's just 1 more IFT into 100%G.

I am still confused about the new rules, and have stayed put when don't know any better... TIA

Yes you can DCA into G. The new regulation states UNLIMITED transfers to G fund. TSP FAQ states after the two unrestricted transfers to any fund, you can make unlimited transfers to G. We'll find out for sure when someone tries it.

 

[kar_crazy]

back to BBQ we bought a whole hog $200.00 i dug a pit with tractor last night 4x4x6ft never roasted a whole hog before but looking forward to learn something new i was thinking of lining bottom with 4inch thick cinder blocks, or go and buy a load of gravel ever tried this Norm?i have a bunch of pear tree wood and peach tree i was going to throw in going to be a allnighter will need some beer

 

[nnuut]

1943 again and MORE!!:worried:
Congress eyes steel pennies, nickels as cost-saving

Laurie Kellman, Associated Press Writer

WASHINGTON — Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 cents.
Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well.
Copper and nickel prices have tripled since 2003 and the price of zinc has quadrupled, said Rep. Luis Gutierrez, D-Ill., whose subcommittee oversees the U.S. Mint.
Keeping the coin content means "contributing to our national debt by almost as much as the coin is worth," Gutierrez said.
A penny, which consists of 97.5% zinc and 2.5% copper, cost 1.26 cents to make as of Tuesday. And a nickel — 75% copper and the rest nickel — cost 7.7 cents, based on current commodity prices, according to the Mint.[more]
http://www.usatoday.com/money/2008-05-06-steel-pennies_N.htm