November 2021

Allocation Percentages for November 2021
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Happy Halloween and welcome to November! After coming off a rough September, I'm pleased to report that my allocations earned 6.49%. The C and S Funds produced incredible results for a month devoid of really any stellar news for the economy. Many of the drivers of the stock market (Amazon and Apple) did not have strong quarters. The GDP estimate was revised downwards to 2% and any Federal stimulus seems to be on hold. So, what is driving this rally, one word, inflation. First it was temporary, then it was not going to be sticky or it will be transitory, and now it will be with us until the middle of next year. At some point, this inflationary pattern will ingrain itself into the minds of consumers, and prices will be permanently reset. The stock market is pricing this in. To account for inflation, companies are now providing mid-year pay raises when they used to only raise salaries once a year. As long as inflation is a threat, the market will continue to prioritize preservation of capital in the stock market over the loss of capital in the Bond market. How does this impact all of us? This process has created and will continue to create a bubble. The trick with bubbles is to not be in the market when they burst, the other trick is to participate as long as possible without being left holding the bag. I do have concerns about the bubble, inflation, supply chain shortages, and a potential collapse of the market. However, I do not think a collapse is imminent. We are struggling in this post-COVID economy, and there will continue to be strong moves up and down, but we believe a collapse is not in the near future. 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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