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TSP to Frequent Traders: "Go Play Somewhere Else"

FREQUENT TRADERS

SSA EMPLOYEE
DHHS
Mon Jan 7, 2008 12:20 PM

Post Reply

i am in the g fund only. thank you for not penalyzing me and charging a fee per trade. if i wanted to trade someday. i have very little money therefore i am afraid to trade. i do agree that something needs to be done about the frequent traders. if you do decide one day to start charging a fee per trade, please take in account the people like myself that has never traded. if the frequent traders traded in the open stock market that would have to pay per trade.some of them are trading simply because they do not have to pay.

Re: FREQUENT TRADERS

Supervisor
DOD USAF
Tue Jan 8, 2008 12:54 PM
Please diversify your money, especially if you are years away from retirement. Keep most of your money in G if it makes you more comfortable, but your retirement will be bigger if you do diversify.

This article

Aviation Safety Inspector
FAA
Mon Jan 7, 2008 12:21 PM

Post Reply

"Go Play Somewhere Else." What happened to play nice? I do not play with my money and YOU should not make such a degrading comment (You state in your “play nice” article that comments … as long as they are written in a way that is free from insults…) Why don't YOU take your own advice? The two or so thousand of us were trying to make our money grow and was doing quite well at it. So, you can insult us but we can not insult you? Why is that?

It will be interesting to see what kind of man you are regarding the posting of this comment for other TSP participants can read it.

Wake-up non traders

Manager
Labor
Mon Jan 7, 2008 12:28 PM

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Here we go again trashing each others views on trades when we should lambasting the TSP forgetting themselves into this predicament. (Read my e-mail on the award of this contract to BGI.)

How much did the C Fund make last year from Janury 1, 2006 - January 5, 2007? $.23!!!!!!!!!!!!!!

Tally it up...

Instrumentation
DON
Mon Jan 7, 2008 12:42 PM

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Instead of the TSP crying about the few thousand traders driving up the cost....why don't they add up how much their trades increased the overall TSP balance. Yeah, they don't want that info getting out. And we are transferring funds, the TSP is trading them.

UNLIMITED G FUND TRANSFERS?

ADMIN ASSISTANT
USFS
Mon Jan 7, 2008 12:43 PM

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Would someone explain to me what the difference is here? Why would G Fund have "susequent unlimited interfund transfers" yet another fund that may realize a higher return be forbidden? Is it for cost containment measures or is to ensure that more money is invested in government securites instead of an international stock index?

I favor the curbs!

Financial Analyst
DHS S&T
Mon Jan 7, 2008 12:46 PM

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I favor the stringent curbs on day trading within the TSP. This is a long-term investment plan and the actions of a few are having a huge negative impact on the financial returns of the many who do not engage in this behavior. This is a collective plan. If you want to day trade close your TSP account and open an account elsewhere.

pleased with this regulation

chemist
usda
Mon Jan 7, 2008 12:50 PM

Post Reply

The TSP was never designed to be a means of low-cost day trading. Most of us distribute our investments and leave them be. We shouldn't have to bear the costs of the frequest traders. --> Very pleased to see this stopped.

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