Page 1 of 2 12 LastLast
Results 1 to 12 of 18

Thread: 1 More IFT

  1. #1

    Default 1 More IFT

    Should we start a campaign in 2013 asking for 1 more IFT per month?

    That would allow us to buy and sell twice (with the free G fund move) each month. One buy / 1 sell each month is so unforgiving, but if we get 2 chances to buy I think it will make a big difference in our account management, without adding too many overall IFT's to the TSP system.

    It would probably add several hundred to a couple of thousand IFT's to the entire TSP processing each month. Considering there are millions of TSP participants, it would be a drop in the bucket, but it would be significant for to the individual accounts who are paying attention. I know it would take me less than an hour to program something like this change to the AutoTracker so it's just a matter of getting them to agree.

    Who's in?


  2.  
  3. #2

    Join Date
    Nov 2012
    Location
    Near Washington, DC
    Posts
    193

    Default Re: 1 More IFT

    Count me in. As it is, unless it would benefit to move between non-G funds, your second move is wasted since it is back to the G anyway.

  4.  
  5. #3
    Weather's Avatar
    Weather Guest
    AutoTracker

    Default Re: 1 More IFT

    I'm all in for another monthly IFT. My question is: Why are TSP participants restricted to 2 IFT/month? Is it because processing an IFT is labor intensive or is a an issue with fund stability (too much money moving between funds creates instability)?

  6.  
  7. #4

    Join Date
    Jan 2010
    Location
    Redding, CA
    Posts
    1,444

    Default Re: 1 More IFT

    I'm all for it. And, get rid of the terrible 4 hr lag time.

    Nsurf9 is really looking deep into working with DC folks about making changes...http://www.tsptalk.com/mb/members-ac...tml#post386292

  8.  
  9. #5

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    59,377

    Default Re: 1 More IFT

    I remember when we had 1 IFT a month, telephone or FAX.
    11/13/2019
    CRUDE Oil =
    $57.12 +$.32

  10.  
  11. #6

    Default Re: 1 More IFT

    I'm in. That's a no brainer.
    CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017

  12.  
  13. #7

    Join Date
    Jan 2010
    Location
    Redding, CA
    Posts
    1,444

    Default Re: 1 More IFT

    And the lag time was a minimum of 15 days!

    I remember that I bailed to the G fund at the end of August 2001 (made the move prior to Aug 16) because of the old rule of thumb about avoiding Sept. Then 9/11 happened. If you wanted to be back in the market Oct 1 you had to make your move by Sept 15, and the markets were still closed if I remember correctly. And yes, if you wanted to go high tech you used a phone or fax, which was a big improvement over submitting paper forms just a few years prior.

  14.  
  15. #8

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    59,377

    Default Re: 1 More IFT

    Quote Originally Posted by MrBowl View Post
    And the lag time was a minimum of 15 days!

    I remember that I bailed to the G fund at the end of August 2001 (made the move prior to Aug 16) because of the old rule of thumb about avoiding Sept. Then 9/11 happened. If you wanted to be back in the market Oct 1 you had to make your move by Sept 15, and the markets were still closed if I remember correctly. And yes, if you wanted to go high tech you used a phone or fax, which was a big improvement over submitting paper forms just a few years prior.
    Yep I lost 12 Grand at that time because of those rules and my stupidity!
    11/13/2019
    CRUDE Oil =
    $57.12 +$.32

  16.  
  17. #9

    Join Date
    Feb 2007
    Location
    San Diego, CA
    Posts
    6,944

    Default Re: 1 More IFT

    I'm in, and if they buy into 1 more per year, it would make a great retirement gift!

    Oh my...that is one awesome avatar MrBowl!!!!!!!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund


  18.  
  19. #10

    Join Date
    Sep 2006
    Location
    Rocky Mountain High
    Posts
    6,547

    Default Re: 1 More IFT

    I'm in, but certainly not counting on the like of the TSP board to play along.
    Weatherweenie's Account Talk
    Expected retirement date: November 2023

  20.  
  21. #11

  22.  
  23. #12

    Default Re: 1 More IFT

    Quote Originally Posted by Weather View Post
    I'm all in for another monthly IFT. My question is: Why are TSP participants restricted to 2 IFT/month? Is it because processing an IFT is labor intensive or is a an issue with fund stability (too much money moving between funds creates instability)?
    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....

    http://www.tsptalk.com/mb/tsp-transfer-limits/

  24.  
Page 1 of 2 12 LastLast

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
  •  
SPY (C Fund) (delayed)
1 More IFT
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
1 More IFT
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
1 More IFT
(Stockcharts.com Real-time)
AGG (F Fund) (delayed)
1 More IFT
(Stockcharts.com Real-time)