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Thread: Pay Per Transfer?

  1. #13

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,383

    Default Re: Pay Per Transfer?

    Quote Originally Posted by tsptalk View Post
    Here is the response:
    Could this be the same Wayne McLeod: http://www.tsptalk.com/mb/showpost.p...&postcount=143



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  3. #14

    Join Date
    Apr 2005
    Posts
    14,685
    Blog Entries
    13

    Default Re: Pay Per Transfer?

    No known effort by anyone to do a pay-per transfer option.

    Just another rumor.

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  5. #15

    Exclamation Re: Pay Per Transfer?

    I emailed him mailto:wayne mcleod
    and asked if any of this is true or a rumor. In fact,
    here's a copy of what I wrote;

    Mr. Mcleod,

    Within the last few days, many of my friends and fellow
    TSP participants have been talking about a Seminar or
    Training Class that you gave. Its being said that there is
    a possibility that the FRTIB might implement a charge per
    Interfund Transfers (over and above the 2 limit). This
    would remove the 2 IFT Limit.

    To your knowledge, Is this true or merely rumor ?
    If true, could you tell me of the source of this information?
    Could you write me at home and let me know ?
    xxxxxxxxxxxxxxxx

    Thank You In Advance,
    xxxxxxxxxxxxxxxxx

    http://www.febg.com/contactus.htm

    I'LL LET YOU KNOW IF HE RESPONDS.
    Last edited by tsptalk; 09-14-2008 at 10:44 PM. Reason: Removed email address - spammers are everywhere

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  7. #16

    Default Re: Pay Per Transfer?

    Thanks squalebear! I'm very interested in what he has to say.

    I removed his email address from your post so spiders don't pick it up. I know he posts it on the site you posted, but I don't want to add to his spam folder.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  8.  
  9. #17

    Exclamation Re: Pay Per Transfer?

    Quote Originally Posted by tsptalk View Post
    Thanks squalebear! I'm very interested in what he has to say.

    I removed his email address from your post so spiders don't pick it up. I know he posts it on the site you posted, but I don't want to add to his spam folder.
    10-4 Big Guy !

    I never thought of that and I'm glad your keep'n me straight !

  10.  
  11. #18

    Join Date
    Feb 2008
    Location
    New York
    Posts
    716

    Default Re: Pay Per Transfer?

    By changing the IFT's they admit they were wrong and how do you make us hole. If I had a say I would want Long to clean 200 homes in Iraq that sounds fair.
    Keep me true to my best self, guarding me against dishonesty in purpose. Semper Fidelis


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  13. #19

    Post Re: Pay Per Transfer?

    QUICK AND POSITIVE RESPONSE:

    Everyone, I received a response from Wayne Mcleod. The following is the
    response I received at my home email address. He must have responded
    to my work address in a earlier email, but go figure, he missed the part
    where I asked him to write me at home because I never got it. When I check
    my work email, I'll see if he had anything in addition to the one I'm about to
    post. Anyway, Here it is;

    "I replied to this email earlier this morning...

    Yes the board is looking into changing the rules to resolve this issue and should be handled in the coming months".

    Wayne

    CONFIDENTIALITY NOTICE: This e-mail transmission and any accompanying documents is/are solely for the use of the intended recipient and may contain information that is privileged, confidential or otherwise exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosures, copying, distribution, or action taken on it is strictly prohibited. If you received this information in error, please notify the sender immediately and delete the transmission. Thank you.

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  15. #20

    Default Re: Pay Per Transfer?

    Quote Originally Posted by squalebear View Post

    "Yes the board is looking into changing the rules to resolve this issue and should be handled in the coming months".
    VERY COOL
    I missed bailing out yesterday and need to make up for a bit of a loss (not major thankfully) but having to use the crystal ball method with only 2 trades per month has reduced my trades and has put a tremendous hindrance on my profit making. I'd be willing to pay a commission, some funds charge up to $100 to make a trade - ridiculous and I would expect TSP to be closer to $20 -$40.

    Thanks Squalebear, I'll be visiting more often!

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  17. #21

    Default Re: Pay Per Transfer?

    Quote Originally Posted by Frixxxx View Post
    She looked around the room and finally asked, "When are you elligible for retirement? I told her 2024. Her response,"You shouldn't be here, it's too early for you to be worried about these things."
    This really burns me up.

    The mindset of ignorance is prevalent and encouraged all over, not just for retirement. Anybody who decides to study, think, or find out anything for themselves becomes a stranger and an outcast.

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  19. #22

    Default Re: Pay Per Transfer?

    Quote Originally Posted by squalebear View Post
    QUICK AND POSITIVE RESPONSE:

    Everyone, I received a response from Wayne Mcleod. The following is the
    response I received at my home email address. He must have responded
    to my work address in a earlier email, but go figure, he missed the part
    where I asked him to write me at home because I never got it. When I check
    my work email, I'll see if he had anything in addition to the one I'm about to
    post. Anyway, Here it is;

    "I replied to this email earlier this morning...

    Yes the board is looking into changing the rules to resolve this issue and should be handled in the coming months".

    Wayne
    That is great news.

    Thanks SB.

  20.  
  21. #23

    Join Date
    Sep 2004
    Location
    Missouri
    Posts
    8,619

    Default Re: Pay Per Transfer?

    They realized that there was money to be made in fees.
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

  22.  
  23. #24

    Default Re: Pay Per Transfer?

    Quote Originally Posted by Show-me View Post
    They realized that there was money to be made in fees.
    I don't know why it took them so long to realize that. Even .01% in fees would be highly profitable for them.

  24.  
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