Let's talk TSP strategy

[Anonymous]

Anyone else interfund transfer to 100% G before noon yesterday ahead of the Brexit vote like OP did?:



Friday is going to be a bloodbath in the markets. The Nikkei is already down 8% and still falling.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Interesting. It is my understanding that Feds used to be able to do daily inter fund transfers but are now limited to three a month.

OP here...Correct. Trades do cost a bit of money, and these folks (mostly from TSPtalk) were going nuts with it. Instead of buy, hold, wait, sell, repeat, those guys were going C > G > S > F > I in a single week. Most were proven to be losers by their own registered trackers.

TSP prides itself on having the lowest fees anywhere, so that nonsense was cut out thankfully. Technically, you get three inter-fund transfers a month if your first and last buy is 100% G, but only two if the month's first buy is of C/S/I. The max possible is 30 a year nowadays. I avearge about ten a year, and am currently at 8 for 2015.

Sometimes swaps don't work out. 11:59am is the deadline to get in an inter-fund transfer to catch the day's end closing price. On a day the S&P is moving in the favorable direction, it takes a turn in the late afternoon. One that always sticks out to me was a day when a 2+% gain was possible around 11:50, only to then make my move that resulted in locking up a 0.1% loss as the S&P dropped 35 points between 3-4pm. Hurts, but it happens. Like I said, you'll lose a little sleep.

OP - I pulled out pre Brexit and im thinking to go all in - which fund would you pick? C? S? or I?

Also, which news outlet do you follow? I do want to be just like you lol.

[Anonymous]

omg this thread was revived from 2015. . .hey OP, you with us?

[Anonymous]

OP here, alive and well. I'm not staying out long. I'd be thrilled with a free 5% by hopping back in next week and probably no later than Friday (July 1st). As far as predictions, I know that I'm staying far away from Int'l for the foreseeable future as I expect more countries will want to leave the EU as globalism is being rejected at a growing pace. And god bless Nigel Farage, what a patriot! I'm pretty positive that my future allocation will be 70%C / 20%S / 10%G and re-balancing back to that often. It might be a rough ride over the next year or so, but I have full faith in the good ol' USA.

And I get all my news from the Wall Street Journal and https://reddit.com/r/The_Donald/ (this is not joke).

[Anonymous]

NP... I transferred all funds to G last week seeing Brexit was going to spook markets. Will be jumping back to C fund next week sometime.

[Anonymous]

How come you didnt get in F? That was the better bet.

[Anonymous]

Simple answer...G will NEVER lose value whereas the F can (and does). I like a sure thing.

[Anonymous]

welp, planning ahead for Brexit would have been good, moneyman.

[Anonymous]

Anonymous wrote:NP... I transferred all funds to G last week seeing Brexit was going to spook markets. Will be jumping back to C fund next week sometime.

Well played. Goldman Sachs might want to hire you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:NP... I transferred all funds to G last week seeing Brexit was going to spook markets. Will be jumping back to C fund next week sometime.

Well played. Goldman Sachs might want to hire you.

I was taking a nap this past week.

Any point in reallocating my I Funds, asap to G Fund? Have about $100K in I Funds.
Or just ride it the wave.

[Anonymous]

^ No! Ride it out...you only lock in a loss when you sell.

[Anonymous]

While I'm like the op in that I have 28 years to retire, I don't know anything about investing. Or numbers. Hence, I went to law school lol. A few of my colleagues suggested to allocate most of the funds to C or S since we were in our early 20s, and then can move back to G fund later on. So, if most my funds are in these stocks am I screwed? Should I reallocate or leave it alone for now?

[Anonymous]

Anonymous wrote:OP here, alive and well. I'm not staying out long. I'd be thrilled with a free 5% by hopping back in next week and probably no later than Friday (July 1st). As far as predictions, I know that I'm staying far away from Int'l for the foreseeable future as I expect more countries will want to leave the EU as globalism is being rejected at a growing pace. And god bless Nigel Farage, what a patriot! I'm pretty positive that my future allocation will be 70%C / 20%S / 10%G and re-balancing back to that often. It might be a rough ride over the next year or so, but I have full faith in the good ol' USA.

And I get all my news from the Wall Street Journal and https://reddit.com/r/The_Donald/ (this is not joke).

im the PP. I put in a transfer before noon. 100% C from 100% G. Fingers crossed. I am too scared of the S fund. What do you know about the L funds? I think I read somewhere the number of transfers are limited.

[Anonymous]

oh and thank you for the news links!

[Anonymous]

You all are idiots. Put it in a long-term fund and forget it. Go live your lives and come back in 40 years and you'll be rich