Playing the I fund

[Wizard]

Canada may rates again (8th time since September) tomorrow.

 

[roguewave]

Canada may rates again (8th time since September) tomorrow.

With the CB brethern around the world coordinating interest rate policy to battle the hedgies, prop up their currencies and appease bond holders all under the guise of fighting the very inflation they created, what's a poor Rogue to do? I think I'll still lay low in the G for awhile until it's a little safer to come out and play. So Wizard, what's in store for the next rate policy meeting here at home? Ooops, enjoy the read.

http://prudentinvestor.blogspot.com/2005/09/money-firm-claims-wall-street-is.html

 

[Fivetears]

The NIKKEI is at -201.43 (-1.30%) as post time stamped.
The AORD is at -30.200 (-0.59%) as post time stamped.

 

[GatorinGA]

Why hang on for the 16 hour or longer ride when I can be in/out/short the same fund in less then 2 seconds that does not get magically adjusted whenever someone wants too?

Isn't this a site for those of us in TSP?? I was unaware of our ability to be in and out of the TSP funds in less than 2 seconds, or the ability to do any shorting. We are in the TSP because we either choose to do so , or feel it's the best choice for us, or lack of ability to do something else. I do not see the pont of someone posting excessively to this forum that obviously either does not have anything in the TSP fund, or does not believe it to be a good investment. We get it Wiz, the sky is ALWAYS falling, no need to post anything else!!

 

[GatorinGA]

Is being reduced does not = possibility.

Bush to herald improved deficit figures
Updated 7/11/2006 9:01 AM ET

WASHINGTON (AP) — The budget deficit will register between $295-300 billion under a new White House estimate to be released Tuesday. That's not as bad as President Bush predicted earlier this year.
A surge in taxes paid by corporations and the wealthy is largely responsible for the drop from the $423 billion forecast by the White House in February. Congressional officials familiar with the estimates would not provide exact figures and insisted on anonymity because the formal announcement was still pending.

Bush himself was trumpeting the good news as a validation of his pro-growth tax cuts and his clampdown on domestic agencies funded by Congress

http://www.usatoday.com/news/washington/2006-07-11-deficit_x.htm?csp=34

 

[Fivetears]

GLOBAL MARKETS-Stocks fall, yen steadies before BOJ meeting
A sell-off in technology shares pressured Asian and European stocks on Tuesday, while the yen steadied against the dollar as markets anticipated the Bank of Japan's first rate rise in six years later this week. Falling stocks gave impetus to fixed income assets as euro zone government bonds perked up, while oil prices rose after signs Iran remained reluctant to halt its uranium enrichment programme as part of a solution to its nuclear row with the West. U.S. stock futures edged lower after a disappointing revenue report by bellweather Alcoa Inc and a profit warning by Lucent Technologies Inc. Many analysts believe the BOJ is set to lift rates on Friday by 25 basis points, overriding government objections, much as it did when scrapping the previous quantitative easing policy in March.
http://yahoo.reuters.com/news/artic...7-11_13-18-17_L11756766&type=comktNews&rpc=44

 

[Wizard]

Bush to herald improved deficit figures

This year's fiscal budget is still going into the hole at a tune of 24.7B per month.

You set the bar high like 423B (35.25B in the hole a month) then only go into the hole 24.7B per month and it suppose to be good news?

There would not be an election in November or something? :embarrest:

Current acccount debt/funded liabilities have increased:

07/07/2006 $8,410,281,565,972.66
12/30/2005 $8,170,424,541,313.62

240B so far this year. That is the one that really counts. Not this smoke and mirrow show you are seeing today.

Operation Prop Up USD

 

[Wizard]

We get it Wiz, the sky is ALWAYS falling, no need to post anything else!!

Just pulling back the curtain.

 

[FUTURESTRADER]

lol...it's all part of the 'nucular strategery'

 

[Wizard]

lol...it's all part of the 'nucular strategery'

We are a borrow to spend economy. The USD will not break 84 come hell or high water. Press conference because we are only going in the hole 296B on this year's fiscal budget. LMAO. Watch the revision after the elections that says 350B. Just like the medicare drug bill was only suppose to cost 250B and the price tag is 1T, after the fact:nuts: .

 

[JOVARN]

THOUGHTS FROM THE UK


Funds in focus
The Sunday Times July 09, 2006


Invest at home or look abroad?
By David Budworth

Two of Britain’s most successful fund managers are at odds about the best place to put your money


The conflicting views of two of Britain’s most successful fund managers have reignited the debate about whether investors should be piling more of their money into overseas shares.
Most British investors are homebirds, with an average of 60% to 70% of their money in the UK stock market.



But investment star Anthony Bolton, who manages Fidelity’s flagship Special Situations fund, said last week that people should go global for better returns.

But who is right? Bolton’s comments are bound to attract attention because he has one of the best records in the City. Since Special Situations was launched in 1979 he has delivered average annual growth of 20.5%, compared with 14% for the British stock market.

Unusually for an advocate of overseas investing, he made his name cherrypicking the best UK companies. But now he believes a global approach is the best way forward.

After a rocky May and June, the UK market seems to have recovered its stability.
Last year the FTSE All-Share index returned a highly respectable 18%, but its performance was eclipsed by other developed markets such as France, up 23%, Germany, which rose 27%, and Japan, which soared 40%.

Emerging markets returned an average of 32% with some, such as Egypt and Colombia, more than doubling.

Spreading your investments geographically was essential to capture these spectacular gains.

There is also a strong case for investing overseas to reduce risk, because you will have a more diversified portfolio.

Many investors stick to the home market because they are afraid of currency risk — the fear that exchange-rate movements will make your investment more volatile.

But research by professors Paul Marsh, Elroy Dimson and Mike Staunton of London Business School on behalf of ABN Amro shows that this is less of a problem than many people think. Over the long run, currency movements do not add greatly to the risks of international investing, so they can be largely ignored.

If you are new to overseas investing, advisers recommend that you start with a global fund that invests in a worldwide spread of markets.

http://business.timesonline.co.uk/article/0,,10689-2261502,00.html

 

[JOVARN]

I just changed to 70I and 30S
The US small caps have been a drag on the I fund. I think the S fund will be impacted today, and I will try to catch the bounce which I hope will arrive soon. 8 years left to retirement.
What is good for the S fund, should be very good for the I fund.

 

[fabijo]

Well, without any FV actions, I fund should be 19.33
That FV really screws up any daily timing, doesn't it?

 

[sugarandspice]

I'm hoping to get a little relief with the FV that maybe coming today because of the late rally. Probably won't absorb the total loss.

 

[Wheels]

Well, without any FV actions, I fund should be 19.33
That FV really screws up any daily timing, doesn't it?

That means it's working.

 

[Wizard]

Well, without any FV actions, I fund should be 19.33
That FV really screws up any daily timing, doesn't it?

I refuse to put a dime into that fund.

Everytime I do I get "adjusted".

 

[Birchtree]

OK Sugar - babe, he's wide open and fully cooked, stick a fork in him and see if he's done.

 

[GatorinGA]

I refuse to put a dime into that fund.

Everytime I do I get "adjusted".

We know, we know, all the TSP funds except G are terrible, I think you've mentioned that at least once before...........

 

[Wizard]

We know, we know, all the TSP funds except G are terrible, I think you've mentioned that at least once before...........

I do not like the fair value adjustments. I think an index fund should track an index fund. But that is me.

Boo yah.

I would not want to be in the I fund tonight.

I just sold all my international ETFs.

 

[Wizard]

EAFE (.758%) for today.

That "should" be around a .15 hit to the I fund.

Lets spin the wheel and see what the folks at TSP say later.......:blink: