Im curious what the unions will think of this move. It seems they have been mysteriously absent from all this conversation.
Who didn't see this coming?? scumbags
Im curious what the unions will think of this move. It seems they have been mysteriously absent from all this conversation.
Y'All NEED TO READ THE ARTICLE BELOW, HERE'S A QUOTE:
"The board overseeing the Thrift Savings Plan is taking aim at day traders by restricting the ability of plan participants to shift money between funds to only twice a month.... The board included one exception into the trading restrictions: Investors will be able to shift money into the lower-risk, lower-reward G Fund at any time.
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python
So 3000 people are shifting billions of dollars? So encouraging people to take an active interest comes with a stipulation now. Active as long as it is only 2 times a month. This is wrong. Blaming the 3000 for driving up costs? Come on.
I think we should start a pool and see how many here at TSPTalk receive one of those "special" letters.
"Nah man. I'm pretty @#$%^& far from OK."---??????
Tell me this doesn't put the big squeeze on active members of this website - the related paysites here will not be happy with some serious changes to be afoot. Sounds to me like they are pushing the buy and forget Lfunds.
This is going to put the big squeeze on the traders on this website and the related paysites are not going to be too happy either. Sounds to me like they are pushing the buy and forget Lfunds.
Oh, for the love of Mike (Causey). I agree, they are pushing the L-funds. I simply cannot believe it costs that much to shift funds around when it is all being performed by computer.
To get to the light at the end of the tunnel, you have to be willing to face the train.
well..I was planning on maxing out a loan and dumping it into selling s&p options anyway...3.5% a month the past 6 months, and don't worry about it every day. Thank you TSP board
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