Thread: Attention: Transfer Limits in the Auto Tracker

Tom, I sent you a PM concerning why the rules you've highlighted
below don't necessarily hold true. I don't wish to confuse anyone
on the Board, so please check it out.

Hi all -

We can go in and check every transfer, but we decided not to do that since it had never been officially made into a rule here. We have kept half an eye on this and the problem does not appear to be widespread, nor overly abused. But obviously some extra transfers were getting through. We will not go back and make adjustments to extra transfers made prior to today.

The new interfund transfer limit in the autotracker will officially begin today. See post #1 above.

Thanks again!

Just a note-

I DID make an adjustment, not a transfer, in the autotracker this month. I have had a lot going into "F" fund for the last three months as new deposits, and it now passed 1% of the account balance, so I did a "trim adjust to refect actual holdings".

Since I haven't actually moved anything, just had new deposit money flowing in, I didn't know how to do that on the autotracker. I haven't used my 2 for the month, although it's showing one because of the adjustment I did. I probably should have PM'd Ocean, but I know Ocean is very busy, and I don't think I'm going to make two real moves this month- I can't get a good target going to pull a trigger, so I am simply letting it ride.

Just thought I would pass that along.

Sounds like a couple of people have done that as their allocation shifts with the ups and downs of the market. But remember, this is not an accurate indication of your account balance. It is just a measure of how your account transfers are fairing against others. All accounts are calculated using a 10,000 balance with no added contributions so we can compare apples to apples.

I'd suggest using the spreadsheet to tweak your allocation and get your own personal adjustments and deposits considered. The one we provide will allow you to tweal the allocation, but it doesn't consider deposits. I thought I saw someone say they had one that does consider deposits, that they would share (was it frixxxxx maybe?).

Originally Posted by tsptalk

I'd suggest using the spreadsheet to tweak your allocation and get your own personal adjustments and deposits considered. The one we provide will allow you to tweal the allocation, but it doesn't consider deposits. I thought I saw someone say they had one that does consider deposits, that they would share (was it frixxxxx maybe?).

Sorry chief, it wasn't me, but Malyla stated that she might have a spreadsheet that she has modified to fit her needs. Maybe it is the one you are looking for. I have personally dropped out of the autotracker. I didn't want to see how bad I was doing earlier this year and since I have straightened out my direction, been pretty much in the "G".

Sorry frixxxx. Maybe it was scout333 http://www.tsptalk.com/mb/member-introductions/6231-ready-make-some-money-post181530.html

squalebear -

Would you mind posting those rules here? I doubt many people have seen the part you PM'd to me. I had never heard them so it should probably be discussed.

Thanks!

Originally Posted by squalebear

Tom, I sent you a PM concerning why the rules you've highlighted
below don't necessarily hold true. I don't wish to confuse anyone
on the Board, so please check it out.

Originally Posted by tsptalk

squalebear,
Would you mind posting those rules here? I doubt many people have seen the part you PM'd to me. I had never heard them so it should probably be discussed. Thanks!

Tom, If this gives all the membership a better idea of their abilities, then
I'm down right honored you asked and I'd be happy to share this information !

THE TSP's DOCUMENTED GENERAL RULES:
First, when the TSP Board decided to place restrictions on unlimited IFT's
they documented some general rules. (2) Unrestricted moves to any fund,
then, only back to the (G) Fund. Not all at once, but you could actually
move small percentages back to the (G) as often as you'd like. You just
can't move your money out of the (G) and go back into the Risk Funds
until the following month.

THIS IS "NOT" ENTIRELY TRUE ! ALTHOUGH I'VE POSTED THIS INFORM
WITHIN MY THREAD IN THE PAST, I'VE BEEN ASKED TO SHARE SOME
OF MY FINDING WITH THE MEMBERSHIP. IT'S MY PLEASURE TO DO SO.
SOME OF THE OLDER MEMBERS HAVE SEEN THIS INFO BEFORE, BUT
IT IS MY HOPE THAT NEWER MEMBERS WILL BECOME MORE AWARE
OF THEIR IFT CAPABILITIES. WITH THAT SAID, HERE YOU GO;

WHAT THE TSP WEBSITE DIDN'T TELL YOU ABOUT IFT's:
The software that the TSP utilizes to determine whether you can make
a IFT during the month, utilizes whole percentages and not fractional
percentages. However, you'll find that your account balances change
each day. In turn, so does your Fund Percentages change. When you
check your account balance, you might see that you have 74.02% in
the (G) and 25.98% in the (F) Fund. Because of the limitations of the
software (among other reasons) this can and has worked in my favor.
I currently have no more unrestricted IFT's left. Lets make believe the
above percentages were true for my account. The TSP Website says
I can only go back to the (G) Fund. TOTALY UNTRUE ! I can submit a
IFT that looks something like this; 74%(G) and 26%(F) and it will be
accepted. In essense. I moved 0.98% out of the (G) and moved it to
the (F) Fund. Why? Because my IFT was moving less then <1% at a
time and the software looks at only whole numbers. Alls I did was
round up the (F) Fund and round down the (G) Fund. In turn, I moved
more money out of the (G) and put more money in the (F) Fund. This
is not explained within the walls of the TSP Website, but I've done so
on just a few occassions. Moving smaller then <1% into another Fund
isn't all that beneficial in the way of gains, however, some of our TSPtalk
members have huge balances and might find this information useful. If
you take notice of my MTD IFT's on the Automated Tracker, you'll see
that I used 5 so far in September. You'll also see that I upped my (F)
Fund in the same manner as described above. This action "IS" playing
within the rules and limitations that the TSP Website have allowed. The
problem within the Automated Tracker comes into play when TSPTalk
starts to see IFT's that are greater then >1% after reaching the 2 move
limit.

In closing, If you see that someone has made a 2% move to the risk funds
(after reaching the limit), we have a problem. But I could have as many as
31 IFT's in one month and still be within the rules. I hope this helps every
single member understand their TRUE abilities with concerns to their IFT's.
I'm not saying that this capability is all that useful, but it does exist and
everyone of you have the right to know. The TSP Website has other goals
in mind and probably found this information confusing to the average TSP
investor and against their goals to lower the amount of IFT's being made
by devients such as myself. Long Live The Freedom Of Choice !

The rule we have posted for the Automated Tracker is sufficient since we do not track fractional percentages. The only case not stated is if G fund percentage remains unchanged while the remaining percentage shifts by one percent among the other funds. It could appear that one fund increases by one percent while another decreases by one percent. This is case that James48843 mentioned. This is splitting hairs and unnecessary for tracking purposes.

Originally Posted by EW_ret

The rule we have posted for the Automated Tracker is sufficient since we do not track fractional percentages. The only case not stated is if G fund percentage remains unchanged while the remaining percentage shifts by one percent among the other funds. It could appear that one fund increases by one percent while another decreases by one percent. This is case that James48843 mentioned. This is splitting hairs and unnecessary for tracking purposes.

I am not advocating any changes within the Tracker. I was asked by Tom
to share the information I had with the other members. When I make a
change in the tracker through a IFT, I want it to be accurate and reflect
what and when I actually did it, plain and simply. I was never included
in the original concerns that Tom had posted. Even Tom didn't know of
the fractional abilities that we all share. Now, everyone knows. But if my
(F) Fund goes up from 25% to 26% by way of a IFT (after I've used all
of my unrestricted IFT's), I don't want the Tom, the Membership or any
one else thinking that I'm trying to pull a fast one. More then that, I don't
want to see my IFT erased from existance. What better way to avoid this,
then sharing this information and discussing it as Tom has requested. As far
as the others who may not have the integrity that most of us have, they
should be banished and exposed by the Moderators for such behavior.

OK here is the question!!! If I move to two different funds in the same day at the same time example 30% to the S furnd and 30% to the C fund is that considered two moves??? thanks