Readers' Comments
Total Comments: 151
Page 2 of 14
Page 2 of 14
TSP to Frequent Traders: "Go Play Somewhere Else"
Total Comments: 151
Page 2 of 14
Page 2 of 14
Free Email Newsletter
| Close | Change | YTD | |
| G | $13.2102 | +0.0011 | +0.69% |
| F | $13.6263 | -0.0136 | +2.19% |
| C | $13.8822 | -0.0041 | +5.03% |
| S | $18.1185 | -0.0839 | +10.07% |
| I | $18.5861 | -0.1653 | +0.26% |
| Close | Change | YTD | |
| L 2040 | $16.2757 | -0.0497 | +4.10% |
| L 2030 | $16.0266 | -0.0418 | +3.66% |
| L 2020 | $15.7897 | -0.0336 | +3.06% |
| L 2010 | $15.4792 | -0.0113 | +1.70% |
| L Income | $14.1011 | -0.0086 | +1.59% |
March 19, 2010
Search:
Custom Search
Home | About Us | FAQ's |
Site Map | Terms of Use |
Privacy Policy |
RSS 
|
Twitter 
| Mobile
© 2010 FedSmith Inc. All Rights Reserved.
More options on the table
FantasyTSP
Mon Jan 7, 2008 11:56 AM
Post Reply
I don't think the number of trades should be limited. If the excessive trading by a few is costing all participants money, then perhaps they should define a number of free Interfund Transfers (IFT) per month and then charge individual investors a transaction fee for subsequent IFTs.
The more options available to TSP investors the better.
Get the facts straight.
DoT
Mon Jan 7, 2008 11:58 AM
Post Reply
You readers have the facts wrong.
Frequent reallocation of people's TSP funds doesn't COST buy-and holders, they MAKE money from it. The truth is YOU MAKE MONEY when others trade.
Learn the facts- the other side of this story, by reading the newsletters at http://tspshareholder.org
The truth is the Thrift Board is wrong. And YOUR RIGHTS are in jeopardy when they take your rights away.
Re: Get the facts straight.
DOD USAF
Tue Jan 8, 2008 12:49 PM
Long Overdue
TACOM
Mon Jan 7, 2008 12:05 PM
Post Reply
I for one agree whole heartily with limiting the transactions. I just wish they had done so sooner! These few thousand should stop investing in the TSP, and put their money into IRAs and other investment vehicles if they truly believe they are that good. I just can't figure out why the don't work on wall street??
If they don't like the limits perhaps the board can come up with a way they can pay for all of thoses trades, including the administrative costs. Perhaps then they would change their tune!
The Tail Wagging the Dog
DOD
Mon Jan 7, 2008 12:06 PM
Post Reply
I fully understand the impact of day traders. We have corrected to an extreme, of only 2 trades per month. One per week would have been less cumbersome!!!
Good Decision
DoD Agency
Mon Jan 7, 2008 12:09 PM
Post Reply
I support the TSP Executive Director. If my fellow FERs employees have the time to spend manipulating their accounts and think they will do better over the long term, they can do so with other retirement accounts and pay the charges to so so. Now that there are professionally managed life cycle funds, I think these plus the G fund should be the only options for investment. These funds are intended to provide 1/3 of the retirement package (Small fixed annuity and Social Security the others) and should be managed more tightly to ensure Fed employees can achieve at least same, preferably better, retirement than CSRS. If the frequent tranders don't like the decision, they should reduce the amount they have directed to TSP and invest elsewhere.
TSP Frequent Traders
OFCCP
Mon Jan 7, 2008 12:09 PM
Post Reply
I too want the best return on my investment and so watch the market and the various funds within the TSP. With the inception of the L funds they have relieved alot of the tension when the market is fluctuating because when the market goes south it's not as bad as when I had bigger chunks in individual funds.
It's about time that someone started looking out for the majority. For too long the few have been screwing things up for the many and the many are paying the tab.
I'd like to see it spread to other sectors of government so that there would be a true representation of the people instead of the whiners.
Be nice to know how much BGI is raking in
Labor
Mon Jan 7, 2008 12:19 PM
Post Reply
'Barclays Again Chosen to Manage Main TSP Index'
From the Wash Post Federal Diary, September 7, 2006, page D04:
Kathy Taylor , managing director at BGI, said: "It was a very competitive and rigorous bidding process. We're privileged to be the manager selected and to be given the opportunity to continue our successful relationship with the TSP."
TSP spokesman Tom Trabucco , citing competitive considerations related to the contract award, said the board would not disclose how many firms submitted bids.
Trabucco said no estimate of the value of the contract to Barclays had been calculated. Barclays will collect fees based on the amount of assets under management and will share in income from securities lending related to the TSP, he said.
Participants in the TSP pay for the cost of the program's administration and operations, including the expense of hiring Barclays as a manager...