ekatteng's Account Talk

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ekatteng said:
presskh, You are totally correct... the daily IFTs they need to made every day on all the 500 million accounts are huge administration cost and holding $250 millions... The TSP board made a mistake miscalculate when the create all the L funds and now is costing a lot and they need to blame some one else. They should put the blame where it belongs... and terminate or fire the responsibles for their mistakes... Shame on them... They should resign from the TSP board... :mad:
Click to expand...

I think ekatteng is on to something. While the L funds also need rebalancing every night, i.e. buy and sell the stock funds, because these are the ones that influence the % distribution the most, we don't see them mentioning this cost at all. We need to demand a disclosure of all costs associated with these L funds. Can we FOIA these infos? Does anyone know? (I get foiaed all the times, so would love a chance to do same to others! :D)
 
RPM said:
I think ekatteng is on to something. While the L funds also need rebalancing every night, i.e. buy and sell the stock funds, because these are the ones that influence the % distribution the most, we don't see them mentioning this cost at all. We need to demand a disclosure of all costs associated with these L funds. Can we FOIA these infos? Does anyone know? (I get foiaed all the times, so would love a chance to do same to others! :D)
Click to expand...

rpm - there is information about TSP FOIA applicability on frtib web site but you can't get their directly from tsptalk but if you cut and paste this link into your browser, that should work. http://www.frtib.gov/FOIA/index.html
It does for me.
 
Mr. Gary Timmons, Please let us know if you had been received our Neural Network Artificial Intelligence daily prognostics.
Our system shows our emails to gtimmons@bop.gov had been undeliverable and rejected by the server.
The message that you sent was undeliverable to the following:
MAR132A (UNUSED)
Would you please provide us another email so we may continue send you the
Neural Network Artificial Intelligence System daily prognostics.
Hope to hear from you soon. EK ;)
 
Dec 1, 2007

The Neural Network Artificial Intelligence System prognostics

12/07 (Friday) =100%I-Fund
12/06 (Thursday) =100%I-Fund
12/05 (Wednesday)=100%G-Fund
12/04 (Tuesday) =100%I-Fund
12/03 (Monday) =100%G-Fund

I have not been updating the AutoTracker records. SHAME ON ME !!!
I will try to pay more attention from now on... However I did it today and
I was wrong I should it done yesterday 11/30 Friday before of 11:00am CST
I was confused
Bottomline the AutoTracker records does not reflect the 2.75% gain the Neural Network Artificial Intelligence Prognostics gave us for the month of November 2007 ;)
 
ekatteng said:
Dec 1, 2007

The Neural Network Artificial Intelligence System prognostics

12/07 (Friday) =100%I-Fund
12/06 (Thursday) =100%I-Fund
12/05 (Wednesday)=100%G-Fund
12/04 (Tuesday) =100%I-Fund
12/03 (Monday) =100%G-Fund

I have not been updating the AutoTracker records. SHAME ON ME !!!
I will try to pay more attention from now on... However I did it today and
I was wrong I should it done yesterday 11/30 Friday before of 11:00am CST
I was confused
Bottomline the AutoTracker records does not reflect the 2.75% gain the Neural Network Artificial Intelligence Prognostics gave us for the month of November 2007 ;)
Click to expand...
2.75% gain for november huh....heh.......hahahahah...you the man!
 
ekatteng said:
James, Who "We" are organizing opposition to this decision ?:confused:
Do we have any chance... or just adjust our system to play their new rules of the game... :)
Click to expand...


While there is still breath in my body, there is a chance to reverse this.

"WE" are the 3.8 MILLION TSP SHAREHOLDERS who are about to have their right to Life, Liberty, and the Pursuit of Happiness infringed with.


Thrift Boad does not know who they are messing with. WE are the people, all of us here on TSPTALK, and on other similar sites, who KNOW THE INSIDE OUT OF THIS GOVERNMENT, and that when the PEOPLE SPEAK LOUDLY TO POWER, that those powers respond.

We have experts of all kinds. People experinenced in dealing with Government Regulations-(A lot of them here, no? )

People experineced in contacting lawmakers (Congress people and their staffs are all federal employees who participate in the TSP).

People gifted in communicating, in statistical analysis, in accounting, in investment regulation, in finding people, etc, etc, etc.

EACH OF YOU can take part in the fight back against the bad decision by the Thrift Board.

We've set up a website now at
http://www.TSPSHAREHOLDER.ORG for a site to become a lobbying group specifically for advocating TSP Shareholder rights. Kind of an on-line think tank, a political lobbying organization, and a mobilze communications site all in one.

Come visit. YOU are a TSP SHARE HOLDER. Stand up for your rights.
 
THANK YOU JAMES ! ! !
LET'S MADE THE ONE FRONT AND LOUD VOICE OF THE TSP SHARE HOLDERS AT TSPSHAREHOLDER.ORG...
LET'S BE UNITED AND SYNERGIZE ALL OUR EFFORTS AND RESOURCES AT TSPSHAREHOLDER ORGANIZATION....
LET'S CLAIM OUR TSP RIGHTS AND OWENERSHIP OF OUR RETIREMENT BENEFITS AND ACCOUNTS...
LET'S HELP THE TSP BOARD TO SERVE AND SEEK THE WELLBEING OF THE
TSP SHARE HOLDERS... :mad:

James48843 said:
While there is still breath in my body, there is a chance to reverse this.

"WE" are the 3.8 MILLION TSP SHAREHOLDERS who are about to have their right to Life, Liberty, and the Pursuit of Happiness infringed with.


Thrift Boad does not know who they are messing with. WE are the people, all of us here on TSPTALK, and on other similar sites, who KNOW THE INSIDE OUT OF THIS GOVERNMENT, and that when the PEOPLE SPEAK LOUDLY TO POWER, that those powers respond.

We have experts of all kinds. People experinenced in dealing with Government Regulations-(A lot of them here, no? )

People experineced in contacting lawmakers (Congress people and their staffs are all federal employees who participate in the TSP).

People gifted in communicating, in statistical analysis, in accounting, in investment regulation, in finding people, etc, etc, etc.

EACH OF YOU can take part in the fight back against the bad decision by the Thrift Board.

We've set up a website now at
http://www.TSPSHAREHOLDER.ORG for a site to become a lobbying group specifically for advocating TSP Shareholder rights. Kind of an on-line think tank, a political lobbying organization, and a mobilze communications site all in one.

Come visit. YOU are a TSP SHARE HOLDER. Stand up for your rights.
Click to expand...
 
"If your first or second interfund transfer in a month moves money only to the G Fund, it still counts toward your two (2) interfund transfers per month limit."
(TSP Answers Frequent Questions About Trading Restrictions 12/2/2007)

IT MAY MEANS ONLY ONE TRIP TO THE I - FUND PER MONTH !!!

THE NEURAL NETWORK ARTIFICIAL INTELLIGENCE SYSTEM IS READY TO PROGNOSTIC AND PREDICT THE LOWEST AND HIGHEST POINT OF THE MONTH !!! ;)
 
IF the TSP board implements the the rule of just once a month round trip (two inter-fund transfers per month), I may borrow $50,000 to the TSP and open an account at Charles Schwab or Fidelity or Ameri-Trade to be able to perform as many IFT's as need it to maximize opportunities from the EFA (iShares) moves.

If everyone does the same, you may imaging the lesson for the TSP Board.

We will be withdrawing almost 200 billions... I doubt they could effort it.

IT IS TIME TO LOOK FOR A LAWYER JUST IN CASE WE RECEIVE LETTER ! ! !
 
I posted this on the paternalistic TSP loan system elsewhere on the forums. Not to pour cold water on the idea, but borrowing from the TSP for investment purposes often isn't worth it. Plus, the maximum payback period is 5 years (residential is 15). Interest rate is the G fund rate + $50 fee.

"Problem with that [borrowing from TSP to put into another retirement account] is you pay taxes on the automatic repayments that you make into your TSP account to repay a TSP loan, which partially defeats the purpose of a 401K. And you have to immediately start re-paying when you pull out the loan, with a limited payback period. Plus - if you haven't paid off the loan at retirement you have to pay it back first before getting your money - exact rules you will have to look in the TSP handbook. It's been a while since I studied TSP loans, but I did a lot of researching before pulling money out to pay a down payment on my house, so I do know some of the problems. It allowed me to make a down payment and get a fixed interest rate and not an ARM and Leg, so it was worth it to me."
:(
 
Silverbird, I is true you need to pay your loan before retire... but you will have the money invested... and you can pay it off just before retirement.
I do not think you pay taxes on the automatic repayments. Sooner or later everyone who decide to take their money from the TSP at retirement will need to roll over into a traditional IRA account and invested. To borrow $50K and invested and pay the loan with the net investment returns after taxes is a good idea if the TSP board limits us to two IFTs per month (One Rountrip).


Silverbird said:
I posted this on the paternalistic TSP loan system elsewhere on the forums. Not to pour cold water on the idea, but borrowing from the TSP for investment purposes often isn't worth it. Plus, the maximum payback period is 5 years (residential is 15). Interest rate is the G fund rate + $50 fee.

"Problem with that [borrowing from TSP to put into another retirement account] is you pay taxes on the automatic repayments that you make into your TSP account to repay a TSP loan, which partially defeats the purpose of a 401K. And you have to immediately start re-paying when you pull out the loan, with a limited payback period. Plus - if you haven't paid off the loan at retirement you have to pay it back first before getting your money - exact rules you will have to look in the TSP handbook. It's been a while since I studied TSP loans, but I did a lot of researching before pulling money out to pay a down payment on my house, so I do know some of the problems. It allowed me to make a down payment and get a fixed interest rate and not an ARM and Leg, so it was worth it to me."
:(
Click to expand...
 
December 6th 2007

The Neural Network Artificial Intelligence System prognostics

12/13 (Tuesday) =100%G-Fund
12/12 (Wednesday)=100%I-Fund
12/11 (Tuesday) =100%I-Fund
12/10 (Monday) =100%G-Fund
12/07 (Friday) =100%I-Fund
12/06 (Thursday) =100%I-Fund
12/05 (Wednesday)=100%G-Fund
12/04 (Tuesday) =100%I-Fund
12/03 (Monday) =100%G-Fund

WWW.TSPHOLDER.ORG
YOUR ACTION IS GOLDEN
Our first ETAC member we'd like you to contact is:

Federally Employed Women
Sharon Roydes, Treasurer
1666 K Street, N.W. Suite 440
Washington, DC 20006
Phone: (202) 898-0994

Give her a call, and tell her you are opposed to limits on TSP trades. Tell her what a two trade limit would mean to you. Keep it short, but to the point. Then ASK her to vote no on the two-trade limit.

Please pick up the phone and make the call.

Each day, we will be featuring a different ETAC member. Our goal is to ensure they ALL hear our message- Just say no to TSP Trading limits.
 
Reminder for you EK-

You move to the G before noon today. Don't forget to make the move as well in your autotracker.


Thanks
 
He should fill in his readers of indecision though. :)

He is not being fair to his followers.:notrust:

Not that I follow him.:blink:
 
He said once that he would remain in the I until he left with profit; and he did in fact differ from his system. I don't remember if he said that here or in the email update he does. Personally, I check Ebb and Ek out, always read Griffin's comments and also Dr F, digest it and make my own decisions.

Funny thing, in the past I shifted the funds, pressed enter and life resumed; --- now, I change my mind a half dozen times and agonize before committing. Hey, a result of having my ass so decisively kicked by the market a few times lately. It's still fun though.

Gail
 
Ek, I'm old and been away from the web page for a while. When your post is 12/11 (Tuesday) = 100% I-fund, does that mean your post on Monday before noon EST will be 100% I to be in I on tuesday or your post on Tuesday before noon EST will be 100%I to be in I on Wednesday? Sorry, I just don't remember.
 
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