Good Evening, The markets finished slightly in the green today. For the most part they were fairly sedate as they wait for the Fed rate decision on Wednesday. My thought it that a rate increase is already priced into stocks but will still have a negative effect on bonds. That’s pretty well it in a nutshell. There was some nice action in individual stocks. However, when taken as a whole (and that’s pretty much what we do in thrift) the earlier description hits the nail right on the head.
Let me change the subject slightly. Recently, I have received several messages asking for various types of guidance. As those of you know that send the messages, I always give you the best answer I can in a short message which often leaves me feeling like I needed to do more. So I talked it over with a friend of mine who is an Christian advisor with a reputable firm and deals almost exclusively with government employees and retirees this weekend and he agreed to help. He told me and I agree that many folks need assistance in the planning of their retirements and with the management of their retirement accounts long before they are ready to retire. To make a long story short, he offered to advise anyone free of charge that is with our group. That said, anyone who is interested in taking him up on the offer can contact me at my E mail address which is [email protected] or send me a message on our Facebook page. When I get a message asking for assistance I will get you in touch with him. I know what your probably thinking. He’s going to try to sell you something. Let me emphatically state that’s not the case. He is a successful broker and is doing this as a ministry. Of course, he does have services available if and when you ever need them. I know this because that is where I have most of my funds invested on the street. How can he help you??? Trying to decide between a Roth or a Traditional IRA? Trying to decide how much to contribute to thrift? Trying to select the investment(s) within Thrift that is/are best for you as related to your timeframe? Getting close to retirement and thinking about rolling your money out of TSP? Thinking of taking a loan from your TSP and aren’t sure how it will effect your retirement? These and many more are the type of things that he can help you with. Please, if you need a little guidance take advantage of this!
The trading today left us with the following results: Our TSP allotment added +0.28%. For comparison, the Dow dropped -0.10%, the Nasdaq gained +0.24%, and the S&P was up +0.04%.
Stocks Go Nowhere as Wall Street Waits for Fed News
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now +3.37% on the year not including the days returns. Here are the latest posted returns.
| 03/10/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.2553 | 17.4011 | 32.8556 | 42.3776 | 25.8687 |
| $ Change | 0.0010 | 0.0158 | 0.1073 | 0.1681 | 0.2366 |
| % Change day | +0.01% | +0.09% | +0.33% | +0.40% | +0.92% |
| % Change week | +0.05% | -0.55% | -0.40% | -1.68% | +0.43% |
| % Change month | +0.07% | -1.20% | +0.45% | -1.23% | +0.74% |
| % Change year | +0.45% | -0.27% | +6.42% | +3.37% | +5.15% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.6727 | 25.0895 | 27.8007 | 29.855 | 17.0815 |
| $ Change | 0.0212 | 0.0553 | 0.0920 | 0.1152 | 0.0745 |
| % Change day | +0.11% | +0.22% | +0.33% | +0.39% | +0.44% |
| % Change week | -0.06% | -0.15% | -0.24% | -0.29% | -0.33% |
| % Change month | +0.04% | +0.08% | +0.12% | +0.13% | +0.15% |
| % Change year | +1.43% | +2.50% | +3.60% | +4.13% | +4.63% |
