December 2018

Allocation Percentages for December 2018
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Nice to have a positive month and a positive day to end on. We are seeing a lot of turbulent issues affecting the markets. Brexit, more than 2 years on is still weighing on the international markets, tariffs are playing a major role, uncertainty across the EU and Italy, and the fall of the tech/social media stocks are really making investing options very difficult. Even corporate bonds are being impacted as many companies that once entertained high bond ratings are nearing junk status. To provide specific examples, Apple is no longer the largest company by market capitalization anymore, Microsoft has once again regained the title. General Electric, once a company with $500B market capitalization is now nearing junk bond status with a debt burden over $100B and no good options. So although we are seeing devaluations of major companies and the evaporation of wealth in these companies, it is not widespread as other companies are still showing positive earnings and are adopting prudent strategies to pay down their debt burden. As a result, the churn in the markets makes for very volatile intra-day and intra-week swings. Trying to chase these swings with individual stocks is very difficult, chasing them with investment vehicles like the TSP are nigh impossible. Our markets appear to be operating as expected; not always efficiently, but when companies become overvalued, struggle in their sales, or make poor decisions and another company steps in to take market share, the markets adjust. I am comfortable with remaining 100% in the C Fund. 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
2025-04-29 27.0320 13.9021 50.6007 15.2304 57.7904 15.8483 34.7994 17.4179 17.4158 17.4136 10.3209 19.0288 20.1062 88.2075 81.8246 45.5389
2025-04-28 26.9910 13.8801 50.4439 15.1787 57.5778 15.7861 34.6549 17.3341 17.3320 17.3299 10.2712 19.0266 20.0564 87.6983 81.3156 45.4041
Daily Change 0.15%0.16%0.31%0.34%0.37%0.39%0.42%0.48%0.48%0.48%0.48%0.01%0.25%0.58%0.63%0.3%
Month to Date 0.63%0.64%0.84%0.87%0.88%0.89%0.9%0.89%0.89%0.89%0.89%0.34%0.44%-0.83%-0.33%3.87%
Year to Date 1.09%1.02%0.31%0.17%0.01%-0.13%-0.28%-0.94%-0.94%-0.94%-0.92%1.46%3.22%-5.08%-9.24%8.69%
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
TSP Coach