imported post
It is not my objective to create confusion. I just need to be consistent. Let me explain:
At 10:00 pm on 04-12-05, I submitted an IFT order to TSP to change my allocation as follows:
G = 0 F=5 C= 35 S= 20 I = 40. This order when in before noon on 04-13-05 therefore the evening of 04-13-05, I will receive an e-mail from TSP stating that it was effective on 04-13-05. It means I purchased my shares at today (04-13-05) closing price.
For the spreadsheet it would be the same as saying that I went
G = 0 F=5 C= 35 S= 20 I = 40 before 12:00 noon on 04-13-05.
As for the tracking my transactions with the spreadsheet, I am really grateful and indebted to Pyriel and FundSurfer for their help, their time and patience in entering my transactions in their spreadsheets. Although I was not able to match my actual cash value % gain with the spreadsheets, I decided to use their spreadsheets under the axiom that all factors being equal is not an advantage. I mean that if the spreadsheet adds or takes away, let’s say .5% for argument sake, it does it across the board. In other words, if the spreadsheet adds or takes away the same from everybody then the results, for analytical purposes, will be the same.
The answer why I do not enter my transactions on the same day I am expecting it to be effective is very simple. I usually update my website (
http://www.tspgo.com) at night after the share prices are posted in the TSP website. Signals to buy or sell are generated by that day closing prices. For reasons that might be obvious to some of us, I don’t want to use a computer at workto enter my IFT’s transactions. I ratherdo it at home. Also, the system might bedown at work or I might not have access to my computer when I need it. So why takethe risk of not being able to enter my transaction at work when I can do it safely at home?
God bless you all!