When was the transfer?
Moderator: Aitrus
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When was the transfer?
So I put in a transfer prior to 12pm EST yesterday from I fund to C fund. Today, my fantasy tsp is saying I lost 0.81%, essentially saying that my transfer happened yesterday during trading. I am pretty sure it didn't happen that way in my actual account, but when does the actual transfer take place? When I received the email? And does this mean my fantasy account is going to be deviated from my actual growth by .8%?
Re: When was the transfer?
Same thing happened to me twice. My fantasy account is off by .93% so my actual is now short of my actual returns.
Re: When was the transfer?
zacksedlak wrote:So I put in a transfer prior to 12pm EST yesterday from I fund to C fund. Today, my fantasy tsp is saying I lost 0.81%, essentially saying that my transfer happened yesterday during trading. I am pretty sure it didn't happen that way in my actual account, but when does the actual transfer take place? When I received the email? And does this mean my fantasy account is going to be deviated from my actual growth by .8%?
At the end of the day. It does not occur when you enter the order. Mutual funds trade after market close.
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Re: When was the transfer?
ArrieS wrote:At the end of the day. It does not occur when you enter the order. Mutual funds trade after market close.
Did you even read the OP post? Key word *FANTASY*. Op, yes, I think there's definitely a bug here. The change should have taken effect after close yesterday, with today's close (not yesterday) showing your first results (hopefully profits) for you in the fantasy C fund.
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Re: When was the transfer?
I agree that FantasyTSP has some differences to the real TSP. For example, the initial opening of my FantasyTSP account counted as an IFT. Hopefully, these bugs can be sorted out.
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Re: When was the transfer?
WxMan0523 wrote: Did you even read the OP post? Key word *FANTASY*.
I appreciate you attempting to ensure my question was answered, but I also asked when the actual transfer takes place, to which ArrieS answered.
Re: When was the transfer?
zacksedlak wrote:So I put in a transfer prior to 12pm EST yesterday from I fund to C fund. Today, my fantasy tsp is saying I lost 0.81%, essentially saying that my transfer happened yesterday during trading. I am pretty sure it didn't happen that way in my actual account, but when does the actual transfer take place? When I received the email? And does this mean my fantasy account is going to be deviated from my actual growth by .8%?
To confirm, your allocation date should have been 6/27? There was an issue with last nights rate and pending allocations which I can fix.
TSPking
It's a gift...and a curse ~ Adrian Monk
It's a gift...and a curse ~ Adrian Monk
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- Posts: 14
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Re: When was the transfer?
Correct, I did the transfer 6/27
- Jokerswild
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Re: When was the transfer?
TSPking wrote:zacksedlak wrote:So I put in a transfer prior to 12pm EST yesterday from I fund to C fund. Today, my fantasy tsp is saying I lost 0.81%, essentially saying that my transfer happened yesterday during trading. I am pretty sure it didn't happen that way in my actual account, but when does the actual transfer take place? When I received the email? And does this mean my fantasy account is going to be deviated from my actual growth by .8%?
To confirm, your allocation date should have been 6/27? There was an issue with last nights rate and pending allocations which I can fix.
Perhaps I'm missing something here but if zacksedlak made his transfer before noon on the 27th, he should be 100% C as of today opening of business but still had any gains/loss from I fund yesterday but shows he was 100% C yesterday.
My situation is perhaps the same but was in different funds which may change things. I made my fantasy IFT on Monday afternoon which by traditional TSP rules would mean that I am now 100% in I as of this morning. However, my fantasy account shows I was in I as of yesterday which would have only occurred had I made my IFT before 9am PST. Just trying to look for clarification.
Shawn AKA "Joker"
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen
Re: When was the transfer?
This should be fixed.
If one user makes a trade Monday afternoon (the 26th) and another makes a trade before noon Tuesday morning (the 27th), they both should have the trade occur after rates are posed on the 27th with an IFT date of the 27th.
If one user makes a trade Monday afternoon (the 26th) and another makes a trade before noon Tuesday morning (the 27th), they both should have the trade occur after rates are posed on the 27th with an IFT date of the 27th.
TSPking
It's a gift...and a curse ~ Adrian Monk
It's a gift...and a curse ~ Adrian Monk
Re: When was the transfer?
I think all IFT days are a little quirky. There is actually 2 calculations, one to value the account at closing price(s) and another to determine the number of share in the new fund(s). The way the data is presented...it does not appear to be correct but it works itself the next day. If you look at your IFTs on the TSP website you will see how it is broken down...on the IFT day you have only one data point, which I believe causing the issue. I don't think anything needs to be fixed as it works itself out with a little patience.
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |