Thread: RealMoneyIssues' Account Talk

Originally Posted by Mcqlives

Hi RMI! Hope you are doing well and making money!

Yes, despite in the process of a cross country move...

Money, no, not really

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Well, 20% down from high, official bear market now?

I didn't know...

https://www.tsp.gov/new-tsp-features..._term=51449775

Important: While your current TSP investments will remain active during this transition period, we’ll need to temporarily suspend investment changes toward the end of the transition period, beginning May 26, 2022. That means you won’t be able to change your investment choices during this brief time

Originally Posted by RealMoneyIssues

I didn't know...

https://www.tsp.gov/new-tsp-features..._term=51449775

Is anyone planning to move to G before that week just to protect against a possible collapse that would happen without any way to retreat until first week in June?

Depends on the situation, but it will be interesting to see what happens to the market when no one is moving money in the TSP. I always wonder how much these IFTs impacts the daily movement.

Originally Posted by tsptalk

Depends on the situation, but it will be interesting to see what happens to the market when no one is moving money in the TSP. I always wonder how much these IFTs impacts the daily movement.

I don't think we move the market at all. The amount we hold is significant, but the amount we actually move on a given day is nothing compared to the big banks.

https://www.tsp.gov/new-tsp-features

More ways to invest your money
Coming in June. In addition to the TSP funds you know and love, you’ll have more investment options. As long as your account meets certain eligibility requirements, you’ll have the option to invest some of your TSP savings in a mutual fund window for additional fees. Unless you make a change to your investment elections, your current TSP investment choices will remain the same for both future contributions and current allocations.

• $55 annual administrative fee to ensure that use of the mutual fund window does not indirectly increase TSP administrative expenses for TSP participants who choose not to use the mutual fund window
• $95 annual maintenance fee
• $28.75 per trade fee
• Other fees and expenses specific to chosen mutual funds

Originally Posted by RealMoneyIssues

https://www.tsp.gov/new-tsp-features

More ways to invest your money
Coming in June. In addition to the TSP funds you know and love, you’ll have more investment options. As long as your account meets certain eligibility requirements, you’ll have the option to invest some of your TSP savings in a mutual fund window for additional fees. Unless you make a change to your investment elections, your current TSP investment choices will remain the same for both future contributions and current allocations.

Originally Posted by weatherweenie

• $55 annual administrative fee to ensure that use of the mutual fund window does not indirectly increase TSP administrative expenses for TSP participants who choose not to use the mutual fund window
• $95 annual maintenance fee
• $28.75 per trade fee
• Other fees and expenses specific to chosen mutual funds

Absolute rip off. Assume a 1% fee from the mutual fund itself and those fees add up to 2.79% ($279) for a $10,000 investment. Compared to 0.059% ($5.90) for the S Fund.

​All of this to give the illusion of how much they're "doing for us" and how much they "value us as end users of TSP" and "how much they care".
When in reality, the number one request from TSP users is more IFT's a month, in which they are fully aware of this and yet choose to flat out IGNORE us on this issue.
The Director and TSP at large simply DO NOT CARE and will continue to ignore this issue and do whatever they need to in order to give the appearance of "making things better" while keeping their cushy 6 figure plus jobs.

RAVI-dont-CARE.jpg