April 2020

Allocation Percentages for April 2020
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

I wish I had a better monthly summary to write. We are obviously witnessing history, and we are seeing a pandemic we have not seen for 100 years. Couple the pandemic with global markets, 24-hour media, social media, and Dr. Google and you have a complete, albeit temporary, collapse of everything we understand. As a result, we have the results to the left: -21.40% for the S Fund. Uncertainty is driving the markets and right now no one is certain of the economic outcome of this pandemic. I will not tell you that I can call the bottom of the market and that next month has to be positive, but what I will say is we have fallen so far, I'm certain we can't fall much further. As I write this the peak impacts for the US seem to be between 10 and 30 days away, depending on the cities. Once we near the peak days, certainty will begin to return. Once there is certainty to the opening date to our economy, investors, businesses, and the government will begin to take stock of what was lost and how to recover, and the real impact will be known. I am almost certain the market has overreacted, and if I were to transfer out of my C Fund and move to the F or G Fund, I would be making the wrong move. Finally, I think it is worth noting, as I have on several occasion, investments in the TSP are NOT short-term. Except for the very few who are nearing 70, the TSP is a long-term investment vehicle, and one cannot time the market. This month?s wild swings were evidence of that fallacy. Stay calm and 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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