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
2025-03-28 26.8594 13.8120 50.1902 15.1042 57.3059 15.7146 34.5059 17.2790 17.2769 17.2747 10.2384 18.9577 19.9738 88.4507 82.3925 44.2564
2025-03-27 26.9686 13.8746 50.6826 15.2667 57.9789 15.9125 34.9707 17.5702 17.5680 17.5657 10.4107 18.9555 19.8635 90.2289 84.2106 44.7319
Daily Change -0.4%-0.45%-0.97%-1.06%-1.16%-1.24%-1.33%-1.66%-1.66%-1.66%-1.66%0.01%0.56%-1.97%-2.16%-1.06%
Month to Date -0.82%-0.94%-2.24%-2.49%-2.74%-2.95%-3.16%-3.86%-3.86%-3.86%-3.86%0.33%-0.18%-6.17%-7.59%0.96%
Year to Date 0.44%0.37%-0.51%-0.66%-0.83%-0.97%-1.12%-1.73%-1.73%-1.73%-1.72%1.09%2.54%-4.82%-8.61%5.63%
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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