Playing the I fund

I didn't see anything. I have been in since last week losing all the way. I just decided to move out today(luckily) because things started heading down after that confidence report. But now I'm thinking Thurs. may be good if they FV big today. Waiting till 8:30 tomorrow morning.
 
Closing price $20.12


Plus .22 cents. Looks like about 15-16 cents more than we shoulda got.

It will be taken back sometime, most likely tomorrow, but if the I has a good day maybe it wont be "felt" as bad.
 
U.K. growth expands at its fastest pace in the past two years.

Consumer spending fueled British economic growth to its fastest pace in two years in the second quarter. Gross domestic product rose 0.8% from the first quarter and 2.6% from a year earlier. The figures strengthen expectations the Bank of England will raise interest rates again before the end of the year, particularly as price pressures in the United Kingdom also picked up.

Meanwhile, Germany's annual inflation slowed to 1.7% in August, compared with a 1.9% year to year rise in consumer prices in July. Slower inflation in Germany could make it harder for the European Central Bank to raise rates aggressively this year.
 
This is great Does it inlude positive FV?



Yes it does include +FV. About .16 or so cents. And it will be adjusted back. Which means if the I fund has a bad day tomorrow it will most likely be 16 cents worser. OK I know that aint a word but look I used aint. If it has a good day then most likely it won't be as good as it should be. The FV always gets corrected and right now we owe them. It usually corrects the next day but not a sure thing. If you want to see what causes an FV look at the dollar action today. I think the market recovery had a little to do with it but mostly the dollar. This kind of action creates FV. And if you look at it and imagine the opposite then you will get Negative FV. But they will give it back.
 
Re: U.K. growth expands at its fastest pace in the past two years.

Consumer spending fueled British economic growth to its fastest pace in two years in the second quarter. Gross domestic product rose 0.8% from the first quarter and 2.6% from a year earlier. The figures strengthen expectations the Bank of England will raise interest rates again before the end of the year, particularly as price pressures in the United Kingdom also picked up.

Meanwhile, Germany's annual inflation slowed to 1.7% in August, compared with a 1.9% year to year rise in consumer prices in July. Slower inflation in Germany could make it harder for the European Central Bank to raise rates aggressively this year.

Great comments Birchtree. So why are you so stuck on the C fund? Come on get some I fun!:D
 
Closing price $20.12


Plus .22 cents. Looks like about 15-16 cents more than we shoulda got.

It will be taken back sometime, most likely tomorrow, but if the I has a good day maybe it wont be "felt" as bad.


Sugar,

Was you do'n the same little jig I was when you call for the share prices? Whoohooo!!!!:laugh: :laugh: :laugh: :laugh:
 
Re: U.K. growth expands at its fastest pace in the past two years.

Great comments Birchtree. So why are you so stuck on the C fund? Come on get some I fun!:D

Yeah, even Techie gets in on the fun, and you know he's the anti-bull. :blink: This is the second time I saw him get his hand inside the cookie jar, only to forget to double-dip. He got in yesterday, but missed the Big Dipper today. :o
 
Sugar,

Was you do'n the same little jig I was when you call for the share prices? Whoohooo!!!!:laugh: :laugh: :laugh: :laugh:







I was! But when I threw my fist up in victory I punched a hole in the cardboard box and now I need some duct tape.........oooohhhh the duct tape is silver.
 
Show-me,

My wife owns the international fund (AEPGX) as well as the small cap fund (OTCFX) and I own the Big Dogs. We play as a family unit. This way I get to leverage my account 100%. Only $0.22 more to meet my yearly goal for the C fund - in the meantime I certainly enjoy my DCAs.
 
I was lucky to get the positive FV today, because I had already exited the I-fund for other reasons. I try to be as flexible as I can, If there is good reason to do so, I would jump in again. However, I want to try to avoid giving back these gains. Therefore, would you suggest that I wait a couple of days before going to I? As of this evening, the dollar doesn't seem to be declining as much as it declined yesterday, although the Nikkei is up +45.58 as I write. Suppose Europe and the U.S. markets do well until Europe closes tomorrow at about 11:30 EST, do you people think that the chances would be good for the I-fund not to give back today's FV gains?
 
The Thing Is

The thing about the I-fund is you gotta stay in it for a while to make up for the way it moves. FV, no FV, dollar up, dollar down, BOJ, it is volatile.

Dave
 
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