Weekly Account Tally Talk

[GGal]

Hey, I think Russell picked all the fruit this week!

GA

 

[Russell]

Thanks!... There was plenty of fruit to go around this week... Hope everyone can grab some before it all disappears!

 

[nnuut]

I was doing fine until I picked that lemon Thursday!:suspicious:

 

[GGal]

Hey Russel, why is the weekly tracker showing you with a very little gain this week....maybe my eyes are crooked?

Nevermind, my eyes are defintely crooked, it shows your big ole gain!!!!

I think it shows me with a big ole gain too!!!!!!!!!

But I'm not sure, my eyes may be going crookeder.

GA

 

[Russell]

Hats off to you...you've done very well for yourself lately and it's showing in your returns! I'm probably going to be more conservative on my moves in the near short term...need to protect my gains a bit!

 

[GGal]

If Anybody's Interested

I was curious what Swamp Dog did to earn 2.32% last week (went from 6.8 to 9.12)!

So I checked him out, and he has been sitting in 100% C since March 29.

Well, actually, there is a little tiny math error somewhere on the Tallys, because they Tally shows that C increased 2.23% vs. 2.32 % (3 to 5.23) - unless its my crooked eyes again causing a problem.

anyway, we thought we were hot with S and I, and he beat the pants off us all, (I think).

Congrats to Swamp Dog!

People call us (where I live) River Rats. I wonder if Swamp Dog is similar.

GA

 

[EW_ret]

Thats due to the beauty of compounding. For the week, C fund went from $16.16 to $16.51 which is 0.35/16.16 = 0.0217, or 2.17%. Swamp Dog's YTD then is 1.068 X 1.0217 = 1.0912 or 9.12%.

 

[mlk_man]

I'm curious as to why the tracker has me at up .46% for the year while Rokid's weekly tally has me down .40%? Almost a 1% difference doesn't make since.

 

[rokid]

I'm curious as to why the tracker has me at up .46% for the year while Rokid's weekly tally has me down .40%? Almost a 1% difference doesn't make since.

You must be looking at the previous week's tally. The April 20th tally has you up by .46%

 

[rokid]

I'll be at the beach this weekend. Therefore, I'll send the tally on Monday evening, 30 April.

 

[GGal]

Hey Ew,

(tee hee, Hey You!)

I know you're tired of this question but can you please explain the difference in the way you compute and I compute.

I had no paycheck this past week, thus no contributions.

To check my earnings I did:

COB 4/27 Balance - CoB 4/20 Balance = Gain

Gain/4/20 Balance = this week's % earnings = .99%

Your Comp = .28% for the week

I understand why I can't use my method for the year as a whole, because of contributions, but why isn't the week's earnings the same?

Thanks
GA

 

[ChemEng]

Do you compound the % earned?

 

[EW_ret]

Hi GG, Your math looks fine and it should give the weekly return for your account. I assume you are comparing your TSP account balances at TSP.gov. Are you sure there were no contributions to your account? It’s a shame the link for recent transactions only shows a maximum of three. The difference between 0.99% and 0.28% is significant! You should check for contributions.

I examined your fund allocations, times, and dates of posts made to your account and compared with the data in your tracker sheet. All data in your tracker sheet correctly reflects the dates and allocations made to your account thread. I noticed you made two posts for Thursday 4/26, at 7:14 am to 100% G, and then again at 11:35 am to 50% S and 50% I. The first post was ignored, and the second was input into tracker for COB 4/26. These moves recorded are in attached file. You should compare these with TSP.gov confirmations you receive on each transaction.
View attachment 1586

Hey Ew,


(tee hee, Hey You!)

I know you're tired of this question but can you please explain the difference in the way you compute and I compute.

I had no paycheck this past week, thus no contributions.

To check my earnings I did:

COB 4/27 Balance - CoB 4/20 Balance = Gain

Gain/4/20 Balance = this week's % earnings = .99%

Your Comp = .28% for the week

I understand why I can't use my method for the year as a whole, because of contributions, but why isn't the week's earnings the same?

Thanks
GA

 

[GGal]

Hey Ew

So are you confirming that the forumula I used for computing my weekly earnings (4/27 COB balance, less 4/20/ COB balance = Gain, then Gain is divided by 4/20 COB Balance to arrive at yield% for the week) is the correct formula and should be the same as your answer so long as there were no contributions or other additions to the account during the week?

Thanks
GA

 

[GGal]

The accountant made a math error. .28% it is!

GA

 

[GGal]

The top III hold their spots. Swamp Puppy is breathing heavily on their necks.

GA

 

[EW_ret]

Yes, that’s what I am saying. Because the difference is near quadruple (0.99% versus 0.28%), I suspect that there was a large contribution. A large contribution would increase the account gain ($), and the apparent return. The local Navy base workers were paid on April 20th, and the contributions to TSP were made sometime from the Thursday (4/19) before, to the following Wednesday (4/25). Here are some rough figures to estimate returns and account gains,

A $50,000 account would have a $495.00 gain if 0.99% (0.0099), or $140.00 if 0.28% (0.0028).
A $100,000 account would have a $990.00 gain if 0.99% (0.0099), or $280.00 if 0.28% (0.0028).
A $200,000 account would have a $1980.00 gain if 0.99%, or $560.00 if 0.28%

If one were making the maximum contribution of $15,000, this would equate to $577 biweekly. Add this to the government match on a $70,000 salary would add about $134 to the $577 for total bi-weekly contribution of $711. If the account value was near $100,000 and the return for a week was 0.28%, the return of $280 added to contribution of $711 would give a total account gain of $991. This equates to an account gain of 0.99% (991/100000 = 0.0099).

Hey Ew

So are you confirming that the forumula I used for computing my weekly earnings (4/27 COB balance, less 4/20/ COB balance = Gain, then Gain is divided by 4/20 COB Balance to arrive at yield% for the week) is the correct formula and should be the same as your answer so long as there were no contributions or other additions to the account during the week?

Thanks
GA

 

[Birchtree]

Add another $5,000 for over fifty and you are dropping some coins down the well - that's why I'm a DCA type. Buy'em at any price.

 

[GGal]

Your suspicions are right. I had my paydates mixed up in my head. And I am contributing the max of $15500, plus the max catch up of $5000 for the over 50.

My contributions (and the match) went into the account on 4/24.

You make a good auditor!

GA

Yes, that’s what I am saying. Because the difference is near quadruple (0.99% versus 0.28%), I suspect that there was a large contribution. A large contribution would increase the account gain ($), and the apparent return. The local Navy base workers were paid on April 20th, and the contributions to TSP were made sometime from the Thursday (4/19) before, to the following Wednesday (4/25). Here are some rough figures to estimate returns and account gains,

A $50,000 account would have a $495.00 gain if 0.99% (0.0099), or $140.00 if 0.28% (0.0028).
A $100,000 account would have a $990.00 gain if 0.99% (0.0099), or $280.00 if 0.28% (0.0028).
A $200,000 account would have a $1980.00 gain if 0.99%, or $560.00 if 0.28%

If one were making the maximum contribution of $15,000, this would equate to $577 biweekly. Add this to the government match on a $70,000 salary would add about $134 to the $577 for total bi-weekly contribution of $711. If the account value was near $100,000 and the return for a week was 0.28%, the return of $280 added to contribution of $711 would give a total account gain of $991. This equates to an account gain of 0.99% (991/100000 = 0.0099).

 

[2EASY]

is Rokid's weekly tally ending 27 April been posted yet? I don't see it. Thanks