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 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
2025-03-28 26.8594 13.8120 50.1902 15.1042 57.3059 15.7146 34.5059 17.2790 17.2769 17.2747 10.2384 18.9577 19.9738 88.4507 82.3925 44.2564
2025-03-27 26.9686 13.8746 50.6826 15.2667 57.9789 15.9125 34.9707 17.5702 17.5680 17.5657 10.4107 18.9555 19.8635 90.2289 84.2106 44.7319
Daily Change -0.4%-0.45%-0.97%-1.06%-1.16%-1.24%-1.33%-1.66%-1.66%-1.66%-1.66%0.01%0.56%-1.97%-2.16%-1.06%
Month to Date -0.82%-0.94%-2.24%-2.49%-2.74%-2.95%-3.16%-3.86%-3.86%-3.86%-3.86%0.33%-0.18%-6.17%-7.59%0.96%
Year to Date 0.44%0.37%-0.51%-0.66%-0.83%-0.97%-1.12%-1.73%-1.73%-1.73%-1.72%1.09%2.54%-4.82%-8.61%5.63%
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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