Likes Likes:  0
Results 1 to 11 of 11

Thread: TSP Managers?

  1. #1

    Post imported post

    I read a news article that said TSP will be offering fund management services in June, same time the open seasons go away. Anyone know anything about these managers or how much they will charge? I personally am leary about paying TSP to manage my funds now that I have learned so much on this site, and how much fun could it be to let them move my money around


  2.  
  3. #2

    Post imported post

    I haven't heard that Beaker. It willobviously be a buy and hold diversified account strategy based on age and when you will retire.Smart but dull. I'll charge half of what they do to tell you that.

    Let us know if you see something in writing on that. Thanks!
    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.

  4.  
  5. #3

    Post imported post

    He may be talking about the lifestyle funds?

    I have not researched it but it is like target retirement 2020, 2030 and 2040. They probably start out 100% stocks and work there way to the G fund over time.

    Thoughts?

  6.  
  7. #4

    Join Date
    Aug 2004
    Location
    Oklahoma, USA
    Posts
    4,064

    Post imported post

    Dr_Dubious wrote:
    Thoughts?


    Spaf

  8.  
  9. #5

    Join Date
    Oct 2004
    Location
    Minot, North Dakota, USA
    Posts
    27

    Post imported post


    Another TSP change also slated to start July 1 gives participants the choice of having a financial manager automatically adjust how funds are invested as market conditions change, officials said.
    My take is there wouldn't be a fee, and this issomething the TSP is taking into consideration as opposed toimplementing a lifecycle fund. The comment on changing how the funds are invested as market conditions change kind of throws a twist in there though. I haven't seen anything from the TSP on it yet.

  10.  
  11. #6

    Post imported post

    The days of being able to trade daily are coming to an end I'm afraid to say.........I'll dare to say within 2 years, we'll be limited to how many inter-fund tranfers we can make per year, month, whatever................

  12.  
  13. #7

    Post imported post

    If that does happen I don't see that as a real bad thing. If I'm allowed to make 2 or 3 transfers a month, when I want, I'd be happy. It will keep us from getting too jumpy. The problem will be if we run out of transfers and the market starts crashing.
    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.

  14.  
  15. #8

    Join Date
    Sep 2004
    Location
    Colonial Heights, Virginia, USA
    Posts
    263

    Post imported post

    Save your one last trade to jump into the G fund if necessary:P. For those of us with TS talk, we tend to trade alot. I wonder if the same goes for those fed employees who don't use this web site???

  16.  
  17. #9

    Post imported post

    tsptorture wrote:
    The days of being able to trade daily are coming to an end I'm afraid to say.........I'll dare to say within 2 years, we'll be limited to how many inter-fund tranfers we can make per year, month, whatever................
    Just wondering--what are you basing this prediction on? Have you heard something that leads you to that conclusion or is it more of a hunch?

    I agree with Tom that changing allocations every single day isn't the best strategy. However, the ability to change allocations at any timecan bevery, very helpful.

    A study from 1998revealed thatabout 150 TSP participants (out of 2 million at the time)tried to time the marketswhen allocations were allowed monthly. I'm sure daily transfers and the2000-2002 bear market increased these numbers somewhat. However, with 3.5 million participants,the impact of "active invesors" is probably minimal. I'd be surprised if 5000 participants changed allocations more than once a month. Even if they did, that would be far less than 1% (0.14% to be exact)of all TSP participants--a drop in the bucket.


  18.  
  19. #10

    Post imported post

    Just thought I would post my source on this so it wasn't just a "I heard this somewhere" post. Got it from www.af.mil. I don't know if it only applies to military or not but it will be interesting to see the details.

    PS: currently 75G, 25I

    Twice-yearly TSP 'open season' limitations end July 1














    Story Tools

    Printable story
    E-mail story

    Subscribe now




    by Gerry J. Gilmore
    American Forces Press Service

    2/18/2005-WASHINGTON (AFPN)--Defense Department civilians and servicemembers building tax-free retirement accounts through the Thrift Savings Plan soon will be able to change their investment options at any time instead of just twice a year.

    Current biannual TSP "open season" investment-choice windows will end July 1, said Army Lt. Col. Janet Fenton, executive director of the Armed Forces Tax Council. TSP participants, she said, will be able to switch their retirement account options at any time.

    Colonel Fenton said "there's not going to be the two open seasons during the year" where people can sign up for the retirement savings and investment program, change their contribution levels or change investment options.

    Military people and civilians covered by the Civil Service Retirement System can contribute up to 10 percent of their paycheck to establish tax-free retirement accounts that grow from accumulated savings and investments in bonds, stocks and international funds. Employees covered by the Federal Employees Retirement System can contribute up to 15 percent in 2005. From 2006 on, no limit will apply to any participants in TSP.

    Another TSP change also slated to start July 1 gives participants the choice of having a financial manager automatically adjust how funds are invested as market conditions change, officials said.

    "They'll move you from equities to bonds when you need to," Colonel Fenton said, which should assist participants in maximizing their contributions.

    Servicemembers have been eligible to establish tax-free TSP retirement accounts since January 2002, she said.

    Establishing a TSP account is a good idea even for those servicemembers who do not serve long enough to qualify for a pension, Colonel Fenton said. TSP funds accumulated during military service, she said, can be transferred to participating federal agency TSPs if a departing servicemember takes a government civilian job.

    And, TSP savings can also be rolled into nongovernment civilian employers' individual retirement accounts, the colonel said.

  20.  
  21. #11

    Join Date
    Mar 2004
    Location
    , Colorado, USA
    Posts
    1,451

    Post imported post

    Welcome, Beaker!

    ehehehe...I just remembered that I went to high school with a dude that looked like Beaker.

    I thought they would change the allocation based on time-horizon. Guess not. I guess their returns will be the benchmark to beat!

  22.  

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
TSP Managers?
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
TSP Managers?
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
TSP Managers?
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
TSP Managers?
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes