Wouldn't it be neat...

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cswift01
Posts: 819
Joined: Thu Dec 08, 2016 10:46 am

Wouldn't it be neat...

Post by cswift01 »

If our TSP shares were purchased on Mondays instead of Fridays. Given that historically, Friday's have the positive effect and Mondays have the negative effect (https://www.investopedia.com/terms/w/weekendeffect.asp) on share prices. Of course Shiller states that this effect is probably not the case anymore (Irrational Exuberance), but I would love to see a chart how that would have gone over the years. I bet there is a difference over a long period of time.

Enjoy!

Me

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ArrieS
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Re: Wouldn't it be neat...

Post by ArrieS »

I thought shares were purchased close of Thursday price.
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February. - Pudd'nhead Wilson's Calendar

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cswift01
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Re: Wouldn't it be neat...

Post by cswift01 »

ArrieS wrote:I thought shares were purchased close of Thursday price.
Too outdated?

http://www.tsptalk.com/mb/questions/551 ... -when.html

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ArrieS
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Re: Wouldn't it be neat...

Post by ArrieS »

Log into TSP and look at the date the funds are deposited. When I long into TSP my contribution and agency match is dated Thursdays date.

I just logged in and confirmed it's dated 03/08/2018 which is Thursday. That's the day the shares are purchased.
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February. - Pudd'nhead Wilson's Calendar

JDD4J4J
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Joined: Thu Jan 05, 2012 2:21 pm

Re: Wouldn't it be neat...

Post by JDD4J4J »

It depends on who you are paid through. Most federal employees are paid through the National Finance Center (NFC) which direct deposit(DD) on Mondays and would buy at close Monday. Some government agencies pay though Department of the Interior which DD on Fridays and buys close of business on Fridays. It varies and depends when your agencies payer DDs.

For this week, those that were officially paid on Friday are seeing an immediate drop in value for TSP today, while those officially paid Today are getting to buy the lower price at close of business.

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mattch45
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Re: Wouldn't it be neat...

Post by mattch45 »

JDD4J4J wrote:It depends on who you are paid through. Most federal employees are paid through the National Finance Center (NFC) which direct deposit(DD) on Mondays and would buy at close Monday. Some government agencies pay though Department of the Interior which DD on Fridays and buys close of business on Fridays. It varies and depends when your agencies payer DDs.
Aha! That explains why the G fund consistently jumps on Monday. That was a mini-mystery I never understood as one of those whose shares are bought on Friday. Thank you.

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cswift01
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Re: Wouldn't it be neat...

Post by cswift01 »

JDD4J4J wrote:It depends on who you are paid through. Most federal employees are paid through the National Finance Center (NFC) which direct deposit(DD) on Mondays and would buy at close Monday. Some government agencies pay though Department of the Interior which DD on Fridays and buys close of business on Fridays. It varies and depends when your agencies payer DDs.

For this week, those that were officially paid on Friday are seeing an immediate drop in value for TSP today, while those officially paid Today are getting to buy the lower price at close of business.
I've been wondering about this for a while. I believe that the purchases that are made through my agency are not completed until COB Friday. I've disliked that for quite some time. Mondays are the best. :)

Best,

Me

crondanet5
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Joined: Tue Aug 19, 2008 8:51 pm

Re: Wouldn't it be neat...

Post by crondanet5 »

Sounds like a plan, except for the darn 2 IFT rule. The Board of Directors are idiots.

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mjedlin66
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Re: Wouldn't it be neat...

Post by mjedlin66 »

Mine are usually bought Wednesday.
Owner/creator of TSPcalc.com - "Know your numbers"

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evilanne
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Re: Wouldn't it be neat...

Post by evilanne »

mjedlin66 wrote:Mine are usually bought Wednesday.
Is that in our time zone or your time zone? :D

The G Fund jumps on Monday due to the extra days. What is interesting is when the month ends on the Saturday, the increase is split between Friday & Monday.

wdd09
Posts: 94
Joined: Fri Jul 24, 2015 6:29 pm

Re: Wouldn't it be neat...

Post by wdd09 »

I'm paid through the NFC and my shares are bought on Tuesday evenings after market close.
I follow a monthly seasonal strategy from gclapper (slightly modified). Its moves can be found by searching for strategy number #25727 on http://www.tspcalc.com

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rmcdeepsea
Posts: 35
Joined: Tue Jun 03, 2014 8:17 am

Re: Wouldn't it be neat...

Post by rmcdeepsea »

Yeah sounds neat.

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Fund Prices2024-03-28

FundPriceDayYTD
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%

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