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
2025-04-29 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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