March 2022

Allocation Percentages for March 2022
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

As I write this, there is word of a 40-mile-long convoy heading for Kyiv.  Obviously, the markets this month and probably well into the near future will be impacted by what has happened (e.g., SWIFT suspension) and what will happen (e.g., further escalation).  In crises like this, we have to take stock of what we know, what we don't know, and attempt to make the best decision with the facts we have and assumptions we have to make.  

What we know: inflation is high, energy prices are increasing, COVID has ended, war in Europe is a reality.
What we don't know: When will the Federal Reserve raise interest rates, true impact on disruption of energy supplies (natural gas is still flowing to Europe), how long the conflict will last, will the US be directly impacted, completely unknown unknowns-to paraphrase the late, former Sec Def, Donald Rumsfeld.  
With the details listed above, I have to rely on my experience, history, and other economic indicators to best allocate my investments to maximize my returns while minimizing my risk.  However, at this point there are not too many good options.  In this scenario, I'm going to take the reasonable man approach and assume this war will not continue beyond a couple of months, but the impacts could last for many years.  With this in mind, I think inflation and energy prices will continue to rise in the near to mid-term depressing our GDP and limiting the Federal Reserve's ability to raise interest rates.  A safe harbor does not exist.  I'm going to maintain a position with companies largest enough to absorb both energy increase and inflation and remain 100% in the C Fund.  Keep Investing! 

           
  

TSP FUND QUOTES

Date L Income L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 L 2075 G Fund F Fund C Fund S Fund I Fund
2025-06-30 27.9579 54.0610 16.3639 62.4426 17.2069 37.9654 19.3201 19.3178 19.3155 11.4479 10.0000 19.1711 20.2603 98.6743 92.0521 49.7247
2025-06-26 27.8773 53.7489 16.2611 62.0189 17.0827 37.6752 19.1450 19.1428 19.1404 11.3441 0.0000 19.1616 20.2330 97.6432 91.4042 49.3273
Daily Change 0.29%0.58%0.63%0.68%0.73%0.77%0.91%0.91%0.91%0.92%INF%0.05%0.13%1.06%0.71%0.81%
Month to Date 0%0%0%0%0%0%0%0%0%0%0%0%0%0%0%0%
Year to Date 4.55%7.17%7.62%8.06%8.44%8.79%9.88%9.88%9.88%9.9%0%2.22%4.02%6.18%2.11%18.69%
Details L Income L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 L 2075 G Fund F Fund C Fund S Fund I Fund
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