The Ebbchart system used to trade a couple of times a week and after some impressive success he had a huge following. It caught the attention of the TSP folks who claimed the nearly daily trades were increasing costs, but we knew otherwise (for reasons I won't go into here).
You can read a lot about what was going on back then (late 2007 / early 2008) and it was quite controversial. They did not like us very much....
TSP Transfer Limits
Tom
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Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
Count me in. One more trade a month could make a huge difference in being a positive or negative month.
May the force be with us.
Count me in. The way I see it we really only have 1 IFT a month because the 2nd one is wasted fleeing to safety. With two buy-ins a month I don't have to choose to ride out a coming down-turn because I want to be in later in the month.
Tom, if you need more ammuntion in this argument, you can point to people like me who are allowed to make 24 IFTs a year under the current rules but actually make far fewer because of the constraint of a single buy-in or wanting to enter a month invested.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Any more IFT's i'm all game for. I really wish for full control and no deadline w/ transaction fees, but eh, i'll take what I can get. having that extra IFT would be really nice, I wouldn't have been stuck in G fund late last november if i had another IFT
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