Yes, It was a bad day for the (I) Fund. But it was worse for the EFA.
Today we find the (I) in the "High" area of the Overpayment side. I'm
not expecting it to go too much higher. But when it goes down, it will
mean smaller gains or greater loses. Remember, Down is Bad and Up is
good. So (I) Funder's, getting out today might have been a good call.
One more thing to ponder ! If the market rallies, say 3% tomarrow, the
Fund Managers might decide to leave the overpayment unchanged. This
would mean you'll get every penny of the rally. But if Barclays decides
to lower our debt by forcing us to payoff some overpayment, the (I)
could underperform and disappoint. Thats the reason behing the "mad"
face next to the entries. What goes up, must come down. Good luck !
......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(6/30/08)-0.110% -0.4354 tsp cents
(7/01/08)-0.360% -0.3083 tsp cents
(7/02/08)+0.150% -0.3404 tsp cents
(7/03/08)-0.040% -0.3332 tsp cents
(7/04/08) FEDERAL HOLIDAY (ENJOY)
......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/07/08) +0.802% -0.5058 tsp cents
(7/08/08)-1.1409% -0.2585 tsp cents
(7/09/08) +0.794% -0.4264 tsp cents
(7/10/08)-0.786% -0.2592 tsp cents
(7/11/08) +0.457% -0.3527 tsp cents
......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/14/08) +0.397% -0.4372 tsp cents
(7/15/08) - 0.508% -0.3229 tsp cents
(7/16/08) -0.3206%-0.2605 tsp cents
(7/17/08) -0.2940%-0.2013 tsp cents
(7/18/08) -0.2422%-0.1504 tsp cents
......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(7/21/08) +0.7334%-0.3109 tsp cents
(7/22/08)
-0.7174%-0.1553 tsp cents
(7/23/08)
+0.5982%-0.2868 tsp cents
(7/24/08)
+0.4519%-0.3797 tsp cents
THE KEY:
------------------------------------------------- WE OWE THEM ----
- .4000 thru -.3000 High Overpayment (Debt Payment Imminent)
- .3000 thru -.2000 Meduim Overpayment, (Flip A Coin)
- .2000 thru -.1000 Low Overpayment (Goal is Met)
- .1000 thru -.0000 Not Seen For A Long Time (TBA)
-------------------------------------------------- THEY OWE US ----
+.0000 thru+.1000 Low Deficit (Goal is Met)
+.1000 thru+.1500 Medium Deficit (Flip A Coin)
+.1500 thru+.2500 High Deficit (rarely goes higher)
+.2500 thru+.3000 Windfall Coming !
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