Perfect Timing!

[cashworth]

Being payday, i got to buy nearly 10% more shares this pay period than i did last period with the same amount of money!

[seawatcher]

Being payday, i got to buy nearly 10% more shares this pay period than i did last period with the same amount of money!

What price is the contribution made? TSP recent transactions show payroll contributions posting on Friday 1/26, the day I get direct deposit. So, next one should be dated today 2/9 but nothing posted yet. So... is the contribution "purchased" at the TSP share prices posted at the end of today?

Wishing I moved some funds to G like I was thinking about at the end of January. Too late. Lesson learned, not be too greedy. But I'm sure a lot of people who played it safe during 2017 wished they didn't miss out on the year's gains.

[Scorpio70]

You can move to a safe place, miss out of the drop, and the rebound.

[fly_caster]

I'm certain that those that are in the market are happy for you.

[cashworth]

Well considering I'm one of those in the market, i understand. It was a joke/silver lining

[PhilJohn]

DILLY DILLY!!!

[mindofmush]

Being payday, i got to buy nearly 10% more shares this pay period than i did last period with the same amount of money!

Did you max out your contributions? How long does it take and can you do it through Employee Express?

[cashworth]

Being payday, i got to buy nearly 10% more shares this pay period than i did last period with the same amount of money!

Did you max out your contributions? How long does it take and can you do it through Employee Express?

No change in contributions, just share price difference from last period to this period

[mindofmush]

Being payday, i got to buy nearly 10% more shares this pay period than i did last period with the same amount of money!

Did you max out your contributions? How long does it take and can you do it through Employee Express?

No change in contributions, just share price difference from last period to this period

Yes, I see how ensuring that the contributions allocation is selected for the fund that is at a possible bottom will get you more shares but I was wondering how difficult or timely it would be to raise the payday contribution to buy even more shares while the price is low. (If you were already maxing your contributions, doing this would lose matching funds later.)

Good job seeing something positive in all this doom & gloom!

[evilanne]

You can do both as long as you change it back and keep future contributions at least 5% through end of year for the matching. For those over 50, you have more flexibility as it doesn't matter when you make catch up contributions. In both cases, you have to make any changes prior to the beginning of the pay period so it can be tricky to time it right as the market could be back up to all time highs by your next payday

Changing your fund allocation can be done in TSP more quickly--before IFT cutoff time one day will be effective the following day.

[slhunter23]

Did you max out your contributions? How long does it take and can you do it through Employee Express?[/quote]

To change your contributions is not difficult but it is not instantaneous it takes time. I myself use Employee Express to do this but you can also use paper form TSP-1 as well.

Straight from Employee Express "The effective date assigned will be the first day of the following pay period. You can enter a future date up to 90 days out"

My point being unless you increased your contributions in some cases up to 4 weeks before the downturn or are sure the downturn will last as long as another 4 weeks it would not be beneficial to increase your contributions to "buy low".

I think cashworth was merely pointing out that due to the market downturn this pay day the shares that he bought were almost 10% cheaper than when he last purchased them. Which is a great way for those of us who took this ride down to look at.