Frequent Trading in the TSP
Frequent trading the the TSP has been a controversial topic in the federal community. This article by a 30-year advocate of objective, patient and profitable proactive fund investing has a perspective on the topic.
Frequent trading the the TSP has been a controversial topic in the federal community. This article by a 30-year advocate of objective, patient and profitable proactive fund investing has a perspective on the topic.
We take our best employees and pay them more money to do less of what made them the best. Moreover, we put them in leadership positions when their leadership skills are often untested and unknown. So how do managers make the investment in their salaries and benefits a worthwhile expense?
The TSP says that a few people who are engaging in frequent trading are costing all other TSP participants money and creating a “great risk of performance deviations” in the TSP fund benchmarks. The answer to the problem: Limit the frequent trading. A new interim regulation is effective as of today, January 7th.
It is hard to believe but the annual federal pay raise has been approved and OPM has issued various documents implementing the 2008 pay rates for federal employees. The median salary for federal employees in the DC area in 2008: $90,698.
This table displays the biweekly premium pay caps for 2008 by locality pay area. These caps become effective as of the first day of the first pay period beginning on or after January 1, 2008.
President Bush has issued an executive order implementing the 2008 pay raise for GS employees.
Readers have asked several questions about the pay tables we have posted on our site for the 2008 pay raise. Here are answers to the most common questions.
There are more changes to the NSPS system that will please some under the system. It isn’t simple but it is based on pay for performance–a horrifying concept according to many comments from readers who like the system of everyone getting the same pay raise every year.
2007 was a volatile year for stocks. Is your TSP portfolio diversified if the trend continues–or gets worse–in 2008? Here is a wrap-up of the returns for the past year.
Tens of thousands of federal employees are heading into retirement. They will get a COLA each year. Will it really keep up with inflation? Will you have enough money to last until you die? Unpleasant questions and here are some thoughts before you file your retirement forms.