June 2020

Allocation Percentages for June 2020
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

I decided to wait until the end of the weekend in order to let the events of this past week play out; namely the riots across the USA. As of Sunday night, I think the riots have culminated and with the deployment of the National Guard across many states, we should see reduced violence. I really don't think these events will impact the overall stock markets but individual companies like Target are likely to suffer. On the COVID-19 front, I think we have also culminated with many of the largest states already in their phase 2 reopening (whatever that means) and businesses are starting to reopen. I would pay attention to the unemployment numbers as they will be a real barometer for whether we experience a 'V' recovery or if we have a slower 'U' recovery. Many economists think the 'V' recovery is more likely with pent up demand and a desire for many people to get back to work. On the international stage, we are seeing worsening tensions between the US and China, but the trade deal seems to be holding. As for this month, we had another solid one, with the S Funds turn to make a rebound from their COVID-19 lows. The S Fund is always riskier than the C Fund, and while it was appealing last month, I decided to remain in a fund where I felt the risk vs reward profile was the lowest. Going forward, I'm staying in the C Fund for the same reasons. Movements in the unemployment number or additional shocks can quickly cause the S Fund to move negative. 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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