Highly recommend

General TSP Discussion.

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bloobs
Posts: 1616
Joined: Tue May 21, 2019 8:00 pm

Re: Highly recommend

Post by bloobs »

jackyl33 wrote: Fri Jan 06, 2023 2:51 pm
12squared wrote: Fri Jan 06, 2023 1:41 pm
jackyl33 wrote: Fri Jan 06, 2023 1:25 pm 12 squared, I also calculated the gains and got about -1%. What did you get? I was glad to hear that you also did not get 8%.
-1.10% from 12/31/21 to 11/29/2022
-2.01% from 11/30/21 to 11/30/22 (1 year)

What is the source of your spreadsheet?
I used a notebook and a pencil, it was painful, but I'm not awesome at making spreadsheets, :lol:
Wow, just completed my own spreadsheet and it calculated a grand total return of 0.73% ROI from 12/31/21 to 11/29/2022 (when it moved to G through EOY).

Also, their March 21 IFT makes no sense since it allocated 25% to C and S. Which fund did the other 50% go to?



They got some 'splaining to do!
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Last edited by bloobs on Sat Jan 07, 2023 1:34 pm, edited 2 times in total.

jackyl33
Posts: 69
Joined: Tue Sep 30, 2008 5:17 pm

Re: Highly recommend

Post by jackyl33 »

bloobs and or 12squared,

Would you be willing to share your spreadsheet. Yes they got some 'splaining to do' funny gif lol.

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jatelle
Posts: 316
Joined: Thu Jul 02, 2015 1:36 pm

Re: Highly recommend

Post by jatelle »

bloobs wrote: Fri Jan 06, 2023 5:03 pm
jackyl33 wrote: Fri Jan 06, 2023 2:51 pm
12squared wrote: Fri Jan 06, 2023 1:41 pm
-1.10% from 12/31/21 to 11/29/2022
-2.01% from 11/30/21 to 11/30/22 (1 year)

What is the source of your spreadsheet?
I used a notebook and a pencil, it was painful, but I'm not awesome at making spreadsheets, :lol:
Wow, just completed my own spreadsheet and it calculated a grand total return of 0.73% ROI from 12/31/21 to 11/29/2022 (when it moved to G through EOY).

Also, their March 21 IFT makes no sense since it allocated 25% to C and S. Which fund did the other 50% go to?

They got some 'splaining to do!

Image
There were 251 trading days in 2022. Grow My TSP issued 19 separate allocations during those 251 trading days so that means there were 19 allocation periods. The March 21st allocation was incomplete so I just assumed the remaining 50% was in G. I calculated their Grow Fund's Rate of Return (ROR) for each allocation period in a spreadsheet and came up with a cumulative ROR of -1.97. The shortfall of my method is that my ROR is per each allocation period instead of daily. TSP return rates are applied daily and would presumably have a daily compounding effect on your return on investment.

Furthermore, I did a mini analysis of the Grow Fund rate of return for November 2022. The Grow Fund claims a 3.03% rate of return for November 2022. But my calculations show that the Grow Fund had a -0.84% loss. This is a very significant discrepancy.

I sent a message to their customer support to explain. I will let you know what they say.
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Last edited by jatelle on Sat Jan 07, 2023 12:57 pm, edited 1 time in total.

jackyl33
Posts: 69
Joined: Tue Sep 30, 2008 5:17 pm

Re: Highly recommend

Post by jackyl33 »

Thank you for sharing jatelle!

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bloobs
Posts: 1616
Joined: Tue May 21, 2019 8:00 pm

Re: Highly recommend

Post by bloobs »

jackyl33 wrote: Sat Jan 07, 2023 12:53 pm Thank you for sharing jatelle!
I just added mine in my previous post Jatelle

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jatelle
Posts: 316
Joined: Thu Jul 02, 2015 1:36 pm

Re: Highly recommend

Post by jatelle »

bloobs wrote: Sat Jan 07, 2023 1:51 pm
jackyl33 wrote: Sat Jan 07, 2023 12:53 pm Thank you for sharing jatelle!
I just added mine in my previous post Jatelle
Got it Bloobs. I assume the Grow my TSP allocation days are for noon that day. So my allocation dates for calculations in my spreadsheet start one day after the day of the Grow My TSP new allocation. Is this your method?

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bloobs
Posts: 1616
Joined: Tue May 21, 2019 8:00 pm

Re: Highly recommend

Post by bloobs »

jatelle wrote: Sat Jan 07, 2023 2:25 pm
bloobs wrote: Sat Jan 07, 2023 1:51 pm
jackyl33 wrote: Sat Jan 07, 2023 12:53 pm Thank you for sharing jatelle!
I just added mine in my previous post Jatelle
Got it Bloobs. I assume the Grow my TSP allocation days are for noon that day. So my allocation dates for calculations in my spreadsheet start one day after the day of the Grow My TSP new allocation. Is this your method?
Not sure but probably used the share prices the day before yours (I rushily cobbled this sheet together in less than an hour so did little verification.)

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bamafamily
Posts: 155
Joined: Wed Aug 23, 2017 1:18 pm

Re: Highly recommend

Post by bamafamily »

I signed up for a month and I also ran the numbers based on their allocation alerts and tsp.gov closing prices...
From 12/31/21 to 12/31/22 I got -.763%...nowhere close to their published 8%......
Bama

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bloobs
Posts: 1616
Joined: Tue May 21, 2019 8:00 pm

Re: Highly recommend

Post by bloobs »

jatelle wrote: Sat Jan 07, 2023 12:27 pm ...I sent a message to their customer support to explain. I will let you know what they say.
Jatelle - have they gotten back to you yet?

Look at 23:08 into this video: https://www.youtube.com/watch?v=ya72x7IFrY0
The guy says he outsources the calculation of the returns to a 3rd party, and that he, on request, will provide anyone who asks the spreadsheet he uses to calculate the the returns.

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jatelle
Posts: 316
Joined: Thu Jul 02, 2015 1:36 pm

Re: Highly recommend

Post by jatelle »

bloobs wrote: Tue Jan 10, 2023 7:55 am
jatelle wrote: Sat Jan 07, 2023 12:27 pm ...I sent a message to their customer support to explain. I will let you know what they say.
Jatelle - have they gotten back to you yet?

Look at 23:08 into this video: https://www.youtube.com/watch?v=ya72x7IFrY0
The guy says he outsources the calculation of the returns to a 3rd party, and that he, on request, will provide anyone who asks the spreadsheet he uses to calculate the the returns.
No, I have not heard back after two days. Anyway, it is impossible to make their numbers make sense. I initially signed up but have submitted for a refund on their page.

https://growmytsp.com/14-day-cancellation-form/

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12squared
Posts: 675
Joined: Thu Dec 31, 2015 7:28 am

Re: Highly recommend

Post by 12squared »

jatelle wrote: Tue Jan 10, 2023 4:21 pm
bloobs wrote: Tue Jan 10, 2023 7:55 am
jatelle wrote: Sat Jan 07, 2023 12:27 pm ...I sent a message to their customer support to explain. I will let you know what they say.
Jatelle - have they gotten back to you yet?

Look at 23:08 into this video: https://www.youtube.com/watch?v=ya72x7IFrY0
The guy says he outsources the calculation of the returns to a 3rd party, and that he, on request, will provide anyone who asks the spreadsheet he uses to calculate the the returns.
No, I have not heard back after two days. Anyway, it is impossible to make their numbers make sense. I initially signed up but have submitted for a refund on their page.

https://growmytsp.com/14-day-cancellation-form/
I couldn't make their numbers make sense either. In Our Allocations they post in CSIFG order, not the usual GFCSI order of TSP.gov share price history.

Last week (after that video) I pointed out the discrepancies and was told that they were very comfortable with the performance as presented by two independent CFA firms. When I asked to see the spreadsheets which were used to make the graphs (obviously Excel) I was told that they paid a significant amount of money for the CFAs to validate their data to industry standards, and that they were not going to make the spreadsheets public.

I am waiting to see the monthly (as of 12/31//22) performance chart update and another newsletter before deciding to cancel or not. At first I thought they might have listed a 100%G instead of %I, but that still didn't match the chart.
“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter

"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie

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mjedlin66
Site Admin
Posts: 1569
Joined: Wed Oct 02, 2013 7:51 pm

Re: Highly recommend

Post by mjedlin66 »

jedi757 wrote: Fri Jan 06, 2023 10:40 am Grow your TSP is a total scam website. There is no customer service phone number, no one to email. They don't tell you where to put your money when you get an account. The Q&A say its up to you to decide. Its a scam. I joined after watching the convincing youtube videos and immediately figured it out when I got an account. I'm P*ssed, canceled my account within 30 minutes and 2 days later can't figure out how to get my money back. What a waste. Don't waste your time on this site. Its a scam obviouslly.
TSPcalc has a phone number because Stripe requires me to have one. But I don't answer it. Support is via e-mail only. But we do answer the customer service e-mail address, and users can cancel their own account. Are we a scam?
Owner/creator of TSPcalc.com - "Know your numbers"

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jatelle
Posts: 316
Joined: Thu Jul 02, 2015 1:36 pm

Re: Highly recommend

Post by jatelle »

jatelle wrote: Tue Jan 10, 2023 4:21 pm
bloobs wrote: Tue Jan 10, 2023 7:55 am
jatelle wrote: Sat Jan 07, 2023 12:27 pm ...I sent a message to their customer support to explain. I will let you know what they say.
Jatelle - have they gotten back to you yet?

Look at 23:08 into this video: https://www.youtube.com/watch?v=ya72x7IFrY0
The guy says he outsources the calculation of the returns to a 3rd party, and that he, on request, will provide anyone who asks the spreadsheet he uses to calculate the the returns.
No, I have not heard back after two days. Anyway, it is impossible to make their numbers make sense. I initially signed up but have submitted for a refund on their page.

https://growmytsp.com/14-day-cancellation-form/
Grow My TSP replied today:
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bloobs
Posts: 1616
Joined: Tue May 21, 2019 8:00 pm

Re: Highly recommend

Post by bloobs »

jatelle wrote: Wed Jan 11, 2023 6:51 pm
jatelle wrote: Tue Jan 10, 2023 4:21 pm
No, I have not heard back after two days. Anyway, it is impossible to make their numbers make sense. I initially signed up but have submitted for a refund on their page.

https://growmytsp.com/14-day-cancellation-form/
Grow My TSP replied today:
That seemed like a non-answer answer. Committed to nothing. Not satisifed.

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jatelle
Posts: 316
Joined: Thu Jul 02, 2015 1:36 pm

Re: Highly recommend

Post by jatelle »

bloobs wrote: Thu Jan 12, 2023 9:13 am
jatelle wrote: Wed Jan 11, 2023 6:51 pm
jatelle wrote: Tue Jan 10, 2023 4:21 pm
No, I have not heard back after two days. Anyway, it is impossible to make their numbers make sense. I initially signed up but have submitted for a refund on their page.

https://growmytsp.com/14-day-cancellation-form/
Grow My TSP replied today:
That seemed like a non-answer answer. Committed to nothing. Not satisifed.
Yes, I felt the same...no commitment to resolve this discrepancy.

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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%

Live Charts

Pending Allocations

Under development. For now, you may view Pending Allocations by going to "fantasy TSP" and selecting "Leaderboard sort" of "Pending Allocations".