August 2019

Allocation Percentages for August 2019
F Fund

0%

C Fund

100%

S Fund

0%

I Fund

0%

Despite all the back and forth this month about the Fed rate cute and the anticlimactic result, we still had a pretty good month. A solid 1.44% return in a month with lingering Chinese trade issues, Brexit, and a revised GDP is nice to see. With no change in the status quo: - we walked away from trade negotiations, - Brexit is still going to happen (controlled or uncontrolled), and - the Federal Reserve gave themselves flexibility by cutting but then tempering expectations for another cut, I expect returns in future months (3-4 months) to be fairly flat. Based on my analysis we are out of the Trump economy and into a cycle of uncertainty characterized by a downturn in housing, a reduction in GDP, and lingering issues across the world (North Korea, Iran, China, etc.). The fact the Federal Reserve decided to cut rates, the first time since 2008, will make people concerned enough to move some of their investments into bonds. Although I have concerns, they do not warrant the removal of my investments out of the C Fund. I'm still 100% C Fund. As I have mentioned in previous monthly posts, I never invest in the F Fund unless I have the strongest possible signal to move all of my investment into it-there is just too much opportunity loss to be wrong. There are more bears than bulls in the market, and I do extra due diligence before moving into the F Fund. In short, the economy is still strong, the market will probably be tepid, but not tepid enough to lose out on 0.5%-1% a month for the next few months. 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
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