Performance:

The following tables show the performance of our model portfolios over time periods: from 24 September, 2003 and 2008 year-to-date and for calendar years 2007, 2006, 2005, and 2004.

The following table shows the performance of our model portfolios alongside the performance of the unmanaged TSP funds for 2008 year-to-date (as of 18 May, 2008).

TSP Report Model Portfolios			TSP Funds
Growth	-4.3%		G-Fund	1.3%
Balanced	-5.7%		F-Fund	2.2%
Conservative	-5.3%		C-Fund	-2.2%
			S-Fund	-0.8%
			I-Fund	-0.4%
			L2040	-0.6%
			L2030	-0.3%
			L2020	0.0%
			L2010	-0.5%
			L INCOME	1.0%

The following table shows the performance of our model portfolios alongside the performance of the unmanaged TSP funds for 2007.

TSP Report Model Portfolios			TSP Funds
Growth	2.1%		G-Fund	4.9%
Balanced	3.0%		F-Fund	7.1%
Conservative	2.9%		C-Fund	5.5%
			S-Fund	5.5%
			I-Fund	11.4%
			L2040	7.4%
			L2030	7.1%
			L2020	6.9%
			L2010	6.4%
			L INCOME	5.6%

The following table shows the performance of our model portfolios alongside the performance of the unmanaged TSP funds for 2006. This performance was achieved with four interfund transfers in 2006 (three for our growth portfolio).

TSP Report Model Portfolios			TSP Funds
Growth	24.9%		G-Fund	4.9%
Balanced	20.1%		F-Fund	4.4%
Conservative	15.0%		C-Fund	15.8%
			S-Fund	15.3%
			I-Fund	26.3%
			L2040	16.5%
			L2030	15.0%
			L2020	13.7%
			L2010	11.1%
			L INCOME	7.6%

The following table shows the performance of our model portfolios alongside the performance of the unmanaged TSP funds for 2005. This performance was achieved with four interfund transfers in 2005.

TSP Report Model Portfolios			TSP Funds
Growth	7.0%		G-Fund	4.5%
Balanced	6.2%		F-Fund	2.4%
Conservative	5.5%		C-Fund	5.0%
			S-Fund	10.5%
			I-Fund	13.6%

The following table shows the performance of our model portfolios alongside the performance of the unmanaged TSP funds for 2004.This performance was achieved with four interfund transfers in 2004.

TSP Report Model Portfolios			TSP Funds
Growth	12.8%		G-Fund	4.3%
Balanced	10.5%		F-Fund	4.3%
Conservative	7.6%		C-Fund	10.8%
			S-Fund	18.0%
			I-Fund	20.4%

The following table shows the performance of our portfolios since 24 September, 2003, as of 18 May, 2008.

TSP Report Model Portfolios			TSP Funds
Growth	64%		G-Fund	23%
Balanced	50%		F-Fund	24%
Conservative	35%		C-Fund	54%
			S-Fund	74%
			I-Fund	118%

Here are our interfund transfer dates (except those most recent) and allocations for our Growth model portfolio. Our first newsletter was issued in July 2004. The dates prior to that date were for my personnel account after the 23 Sepember, 2003 date that I committed to starting this service.

Date	Growth Portfolio Allocation
	G-Fund	F-Fund	C-Fund	S-Fund	I-Fund
9/24/2003	0%	0%	50%	25%	25%
1/29/2004	100%	0%	0%	0%	0%
2/4/2004	0%	0%	50%	25%	25%
4/29/2004	100%	0%	0%	0%	0%
10/5/2004	0%	0%	40%	40%	20%
2/24/2005	40%	40%	0%	0%	20%
4/15/2005	100%	0%	0%	0%	0%
6/11/2005	25%	0%	25%	25%	25%
10/18/2005	0%	0%	30%	45%	25%
4/24/2006	75%	0%	0%	0%	25%
5/25/2006	100%	0%	0%	0%	0%
6/19/2006	0%	0%	60%	20%	20%
1/8/2007	100%	0%	0%	0%	0%
2/26/2007	0%	0%	0%	50%	50%
2/27/2007	0%	0%	0%	0%	100%
5/25/2007	100%	0%	0%	0%	0%
5/31/2007	0%	0%	35%	35%	30%
6/8/2007	100%	0%	0%	0%	0%
6/12/2007	0%	0%	35%	35%	30%
7/30/2007	0%	0%	50%	0%	50%

Which portfolio should you follow? Below are some guidelines. If you would like more detail on our portfolios, please see the Model Portfolio web page.

Growth - Use this portfolio if you are more than 10 years from retirement and are willing to take additional risk to make above average gains.

Balanced - Use this portfolio if you are less than 10 years from retirement and you want to cut back a bit on the risk.

Conservative - Use this portfolio if you are currently in, or very close to retirement, and/or you want only minimal risk to your portfolio.