August 2020

Allocation Percentages for August 2020
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Welcome to August, the month of summer vacations, back to school activities, pre-season NFL games, the baseball is in the final stretch, and COVID? Of course, all the above has radically changed since March of this year. Making investment decisions has been particularly tough this year with the almost totally uncertainty this virus, the accompanying panic, massive cash infusions in the market, record unemployment, and general systematic disruption to our economy. As most of you will have noted, I have stayed with the C Fund for the entire year. This is despite the F Fund's steady success and returns throughout the year of 1-1.9% with one down month. My rationale for avoiding the F Fund, unlike the Lifecycle funds, is I see it not as a hedge against the C, S, and I but as a safe haven when those three funds show signs they will all be strongly negative. Investing in the F Fund will almost always lower my returns compared to a straight investment in one or all the C, S, and I Funds. I had very strong signals this year to move to the F Fund, but most of that was driven by fear, and that is not how I invest. For August, I think we are still going to see flat to moderate returns. Again, not because companies are doing well, but because of the cash influx into the economy. I also think any political disruptions will probably be delayed until September or October-this is the hardest to plan for as they are always so unexpected. Here's to a vaccine and to August 2020! 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
TSP Coach