WorkFE's Account Talk

[Epic]

Where is this information available? Thanks for posting.

Here ya go >>>>>>> https://www.tspfolio.com/tspgfundinterestrate

 

[Whipsaw]

How and when does that interest pay out? I'm guessing it shows up in the TSP account somehow... :dunno:

 

[tsptalk]

A very simplistic answer, which may not be 100% accurate, is that the share price of the G-fund ticks up daily by the interest rate divided by 365. That's why the G-fund pays more on Mondays, because you get Saturday, Sunday, and Monday's interest.

Is that what you were asking? :scratchchin:

How and when does that interest pay out? I'm guessing it shows up in the TSP account somehow... :dunno:

 

[nasa1974]

A very simplistic answer, which may not be 100% accurate, is that the share price of the G-fund ticks up daily by the interest rate divided by 365. That's why the G-fund pays more on Mondays, because you get Saturday, Sunday, and Monday's interest.

Is that what you were asking? :scratchchin:

I like that answer. Always wondered why Monday was different.

 

[WorkFE]

Yes, it is paid daily. Obviously multiplied x3 on Monday nights

 

[WorkFE]

I met my Goal for the year. (6.5%)
At some point I will need to position myself for success in 2024. I will watch for a dip to move a portion into C/S/I, not sure when that will be.

 

[tsptalk]

I will watch for a dip to move a portion into C/S/I, not sure when that will be.

Oh, no! Now we'll never get a dip. Once you tell the market what you want, it's over.

 

[WorkFE]

Then anyone currently in equities owes me for taking one for the team.

 

[WorkFE]

This markets got some fight left in it.

 

[WorkFE]

Resilient SOB

 

[tsptalk]

Oops.

Can the bulls recover by the close or is the streak over?

 

[nasa1974]

Oops.

Can the bulls recover by the close or is the streak over?

:Flush:

 

[WorkFE]

Gotta shake out the weak knees

 

[WorkFE]

From a glass half full perspective, the Big Three Major Indexes are off their all-time closing highs as follows:
DOW -8%
NASDAQ -16.5%
S&P -9.5%

We've made a dent in the last 30 days or so.
DOW -5%
NASDAQ -13%
S&P -6%

 

[WorkFE]

Even though we seem to be clawing and scratching our way back up the ladder, I feel fairly good about the market. Honestly, I don't know why. While I'm not taking on risk like many of you are I feel confident in what I do have exposed.
Consumer confidence and inflation news this week.

 

[Whipsaw]

Is it a decent exposure? :cheesy:

 

[WorkFE]

Enough for me.

 

[WorkFE]

What a weird day in the market. Oh well, November is over.

 

[nasa1974]

What a weird day in the market. Oh well, November is over.

That it was.
I'm happy with my 11% in the "S" fund this month. Next month

 

[WorkFE]

I met my annual goal with a few months left in the year so I have been playing small ball for the last few months.
1 December is upon us.
If the G Fund stays at 5% for December that would be a good way to end the year, add another .40% down the stretch.
My current allocation is only 5% (C,S,I) with the remainder staying dry. IF there is any type of pullback that provides an opportunity to get a jump on 2024 for positioning, I will jump on it.