August 2019

Allocation Percentages for August 2019
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Despite all the back and forth this month about the Fed rate cute and the anticlimactic result, we still had a pretty good month. A solid 1.44% return in a month with lingering Chinese trade issues, Brexit, and a revised GDP is nice to see. With no change in the status quo: - we walked away from trade negotiations, - Brexit is still going to happen (controlled or uncontrolled), and - the Federal Reserve gave themselves flexibility by cutting but then tempering expectations for another cut, I expect returns in future months (3-4 months) to be fairly flat. Based on my analysis we are out of the Trump economy and into a cycle of uncertainty characterized by a downturn in housing, a reduction in GDP, and lingering issues across the world (North Korea, Iran, China, etc.). The fact the Federal Reserve decided to cut rates, the first time since 2008, will make people concerned enough to move some of their investments into bonds. Although I have concerns, they do not warrant the removal of my investments out of the C Fund. I'm still 100% C Fund. As I have mentioned in previous monthly posts, I never invest in the F Fund unless I have the strongest possible signal to move all of my investment into it-there is just too much opportunity loss to be wrong. There are more bears than bulls in the market, and I do extra due diligence before moving into the F Fund. In short, the economy is still strong, the market will probably be tepid, but not tepid enough to lose out on 0.5%-1% a month for the next few months. Keep investing!
           
  

TSP FUND QUOTES

Date L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
2024-11-22 26.8071 13.8108 51.0235 15.4040 58.6345 16.1249 35.5088 17.9670 17.9648 17.9624 10.6429 18.6680 19.5294 94.1871 96.2559 42.6555
2024-11-21 26.7630 13.7847 50.8402 15.3435 58.3842 16.0512 35.3363 17.8624 17.8602 17.8579 10.5814 18.6658 19.5205 93.8581 94.6413 42.4370
Daily Change 0.16%0.19%0.36%0.39%0.43%0.46%0.49%0.59%0.59%0.59%0.58%0.01%0.05%0.35%1.71%0.51%
Month to Date 1.08%1.22%2.18%2.37%2.56%2.72%2.89%3.49%3.49%3.49%3.46%0.26%-0.33%4.74%11.13%-1.08%
Year to Date 7.64%8.67%12.8%13.65%14.52%15.26%16.02%18.82%18.82%18.82%0%3.92%1.6%26.66%24.85%6.16%
Details L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
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