Search:

Custom Search

Readers' Comments

Total Comments: 61
Page 1 of 6

« Previous | Next »

Trading Restrictions, TSP Investments, and Lousy Stock Market Performance

TSP Restriction

TSP Constiuant
DOD
Mon Oct 20, 2008 7:44 AM

Post Reply

I feel for the few that want to drive cost up, that maybe they should go into working on Wall Street and leave the rest of us to do what we feel is right and not have to pay for your nervesness. If you have that much time on your hands then I think you need more work to do...

Re: TSP Restriction

Supervisor
DOL
Mon Oct 20, 2008 8:05 AM
You do yourself injustice sir when you across as ignorance as bliss.

Surely you realize that saying put in the market only weakens your portfolio over the years?

Thrift Savings Plan

Supervising LR Specialist
VA
Mon Oct 20, 2008 7:45 AM

Post Reply

There should be no restrictions on trade, but the individual employee should bear the expense of his/her trade.

Re: Thrift Savings Plan

H.R. Specialist
VA
Mon Oct 20, 2008 2:17 PM
That's an interesting idea. Wonder why nobody thought of it before?

Re: Thrift Savings Plan

HR Specialist
Small agency
Tue Oct 21, 2008 10:59 AM
Because setting up a system to individualize payments like that would, in itself, cost money.

They saved 5 million and we lost 5 billion

Technician
USPS
Mon Oct 20, 2008 8:02 AM

Post Reply

Ok, they saved 5 million and we lost 50 billion. Many folks are now buy and hope. Move from stocks during a sell-off and you can’t get back in until the next month. The limit should be higher. Minimum should be four moves per month TSP police, not two!

TSP Day Traders

Program Analyst
Treasury
Mon Oct 20, 2008 8:19 AM

Post Reply

Hooray for the TSP for looking out for all Federal employees and not caving in to the demands of the few who want to use the TSP in a manner contrary to its intent at the expense of all Federal employees. My comment to those employees is if you want to be a day trader, quit your government job and go ahead. Also, I hope that you are only working on your TSP trades during non-work hours or during your lunch hour, and using your own computer and online account. Bottom line for me - TSP Board, keep up the good work!

Re: TSP Day Traders

Beach Bum
Retired DoD
Wed Oct 22, 2008 10:46 PM
OK, lets try and get this straight for those of you who think a trade is completed instantly. You place a trade, it takes up to 48 hrs for it to process.

Now I know people in government love their labels, but if it takes 48 hrs to process that is two trades a week.

That is not day trading. Find another label and another soapbox.

TSP

retired
USPS
Mon Oct 20, 2008 8:44 AM

Post Reply

I think the name should be changed to the TSK TSK Fund.

I never kept more than $3000 in TSK, er TSP. Only what I could aford to lose.

This is government at it's finest. Almost as good as the Postal Service, hehehehehe.

Re: TSP

NEPA Coordinator
Forest Service
Mon Oct 20, 2008 10:28 AM
The TSP IS government at its finest. It outshines most other private 401(k) plans. And that's all it is, a 401(k) plan. It never promised to give you a set return on your investment. If you can't stand the thought of losing a dime, then you should keep all your money in the G fund, which barely keeps up with inflation. But a person is foolish not to take advantage of the tax break as well as the government matching funds. I'm sorry retired USPS feels like he beat the system, I think he lost an incredible opportunity.

Re: TSP

Independent Thinker
DoN
Wed Oct 22, 2008 8:09 AM
I'm glad I didn't keep less than $3,000 in my TSP account; in four years it's increased by $100,000. I am continuing to put money in the C fund and will reap the benefits once the stock market bounces back. Yes, it may take several years but I'll have a lot more stock by then. Warren Buffet didn't make his billions by sitting on his thumb when the market was down.

none

Receptionist
SEC-Boston
Mon Oct 20, 2008 8:48 AM

Post Reply

ouch!!

Pay As You Go

Psychologist
VA
Mon Oct 20, 2008 9:04 AM

Post Reply

I firmly believe that investors in TSP funds should have a plan for asset allocation, and should adhere to that plan. Therefore, those individuals who trade among funds are, by definition, not adhering to a long-range plan and they are traders, not investors. The TSP was not designed for trading, but for investing. I believe that if traders want to trade, then they should be charged for their activities. I INVEST and I feel that trading activity is costing ME money, when the traders are the ones who should be paying for their own foolishness. So, I would greatly prefer a Pay-Per Trade system, in which EVERY SINGLE TRADE resulted in a charge to that individual account holder. That would serve as a disincentive to those who wish to TRADE in their accounts rather than INVEST in their accounts. As an investor, I shift assets once or twice each year in order to rebalance my portfolio. I would not object to paying a fee if I knew that those abusing the TSP paid their share, too.

Total Comments: 61
Page 1 of 6

« Previous | Next »

Add a Comment about this Article

** All fields are required.
Note: Your comments will not show up right away. FedSmith.com selects the most insightful comments from our readers for posting. If selected, your comments will show up in the comments section after they have been reviewed and approved. See our terms of use for more information.