Readers' Comments
Total Comments: 109
Page 3 of 9
Page 3 of 9
Exposing Long-Term TSP Investors to Risks They Did Not Anticipate
Total Comments: 109
Page 3 of 9
Page 3 of 9
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| Close | Change | YTD | |
| G | $12.7116 | +0.0013 | +3.51% |
| F | $12.1775 | +0.0497 | +2.07% |
| C | $9.4002 | -0.9235 | -43.24% |
| S | $10.4051 | -1.2566 | -47.42% |
| I | $12.2414 | -0.9997 | -50.56% |
| Close | Change | YTD | |
| L 2040 | $11.1768 | -0.8749 | -38.72% |
| L 2030 | $11.4481 | -0.7783 | -34.24% |
| L 2020 | $11.8446 | -0.6618 | -28.86% |
| L 2010 | $13.2444 | -0.3625 | -14.33% |
| L Income | $12.4113 | -0.2200 | -7.86% |
December 2, 2008
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Frequent Trades
Army
Thu Mar 13, 2008 11:43 AM
Post Reply
Additional costs should be bourne by those who frequently trade. While the "TSPshareholders" state that the costs have gone down overall then I can only imagine how much more they would have gone down if the frequent traders had left the accounts alone. If they want to take risks with their money I have no objection. Let them trade as frequently as they like. I do object to paying for their trades.
TSP Transfers
Defense Department
Thu Mar 13, 2008 11:51 AM
Post Reply
If you want to be a day trader; pull your money out of the TSP, and day trade somewhere else.
I do not care if the cost is "not that much". The TSP was not designed for day trading. Yes, it is your money. You are free to pull it out and move on, if you do not like the limits.
Re: TSP Transfers
Fed. Govt
Fri Mar 21, 2008 8:55 AM
Good luck. And, by the way, one round trip per month is NOT day trading. This is called money management, and this is why nobody is suggesting to put an end to it.
TSP Day-Trippers
reclamation
Thu Mar 13, 2008 12:12 PM
Post Reply
Pls stop the insanity - my advice to the day traders is "Scott Trade". Also, the last thing we need now is to have the union involved in our retirement!!
Policy change on IFT's
DoD - DSCR
Thu Mar 13, 2008 12:25 PM
Post Reply
I would like to thank the Board on its decision to restrict the few who were causing this problem. That was the right thing to do for the majority. I feel better about increasing my allotment this year. Again thanks. For those who want to play with their money, move to another fund and pay the fees. This is my retirement plan too.
TSP frequent trading
Portsmouth Naval Shipyard
Thu Mar 13, 2008 12:37 PM
Post Reply
If the frequent trading cost is being born by those of us who don't do such, then there needs to be a limit (as proposed) on the number of trades per month, or a fee to cover the cost of such trading. This is no different than a broker would do for trading stocks, or a mutual fund company such as Vanguard restricting the number of days between trades. Market timers only do this because it is "free" to them (i.e., no set fee), and could care less about the costs to the rest of the participants (if established). It is only sensible to suggest that large movements of any "share" will affect the price of the remaining shares, but I 'm not certain as to how much, if any.
TSP
DoD
Thu Mar 13, 2008 1:55 PM
Post Reply
TSP called me an abuser for shifting my TSP around so as to cause loss of revenue to other non shifting participants. Is this capitalism or what. After all, I give 10% of my salary to TSP but ony 5% is is matched. What is going on with the other money that we don't get matching for. Who is getting the interest on my other half. I guess I get some of it back but not all. The administrators of the program makes the big money but not us. I made more money last year by changing my stocks than TSP made for me in the last 17 yrs. We are talking about my money not theirs. They are abusers not us. I suppose that they feel they have the right to criticise us rather than their conduct. Thanks.
Re: TSP
DOD
Thu Mar 13, 2008 2:37 PM
Instead of putting your $ in TSP why not send them to a private account at any number of places. I have some of my money doing that as well as TSP.
2/mo is enough to keep up with current issues. In a pinch you have unlimited movement to G that would help protect your investment if the market tanks after you used your 2. What you couldn't do, is quickly put it back if the market moves up the next day...gotta wait. So, your decisions will (hopefully,) be more rational for the long term.
Cost per shareholder
Air Force
Thu Mar 13, 2008 1:58 PM
Post Reply
They are right! The cost PER shareholder is low. As is the cost of welfare PER taxpayer, the cost of our national debt PER taxpayer (and future taxpayers), the cost of social security PER taxpayer, etc., etc.
It is the unfare burden of a few on the many that is the problem. Oh, yeah... I see that it is a "Federal Union Representative" making these "true lies." Well, he's right. But, he's more wrong.
You have to give them credit for trying, though. Just don't give them anything else.