August 2021

Allocation Percentages for August 2021
F Fund

0%

C Fund

63%

S Fund

37%

I Fund

0%

Welcome to August. My performance was flat this month (down 0.05%) despite the rough trading day and Amazon earnings debacle on Friday. I am actually quite pleased the market reacted the way it did to the Amazon earnings call as it shows there are still some analysts looking for strong fundamentals. The broader market and traders also seem to have cooled their feet a bit. It is the summer and stimulus checks are shrinking, so I'm not surprised the market has cooled down. Additionally, I think investors and traders are trying to figure out how to price the coming inflation, additional federal stimulus, and an infrastructure bill that seems to be much smaller (or larger depending on your perspective) than originally proposed. Two things I am certain about and one side effect of federal intervention - continued infusion of capital into the economy will create inflation and artificial demand, and this type of spending cannot last forever. Obviously, when it ends and how it ends will need to be tracked very closely by all of us. For now, based on the continued fiscal policies, I am still bullish on the market-even with the Delta variant. As for the Delta variant, I am honestly not concerned for two reasons. First, the historical pattern of the Delta variant in India (what the Delta variant was originally called) and in the UK, reveal that it burns itself out much faster than the original virus. Second, lockdowns will not occur, at least in the USA. While COVID-19 and its variants are probably here to stay, I think we are seeing the last gasps of restrictions due to the virus. People have been under a lockdown mentality for 2.6% of their lives; I don't think people will entertain much more. Keep living and 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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