I caught the end of a radio interview...

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Griffin said:
A letter from the Federal Retirement Thrift Investment Board, dated October 2003 signed Very truly yours, Gary A Amelio, Executive Director

"I encourage you to take the time to study your statement and the current allocation of your account investments. This is an opportune time to determine whether it is appropriate to reallocate your investments among the available fund offerings. The new system enables you to reallocate your investments among the available fund offerings. The new system enables you to reallocate timely, with ease, and at no cost. Take advantage of these new features; they exist to help you plan for a more comfortable retirement.
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Timely reallocations........Yea! That's what we do!........So what's his problem?
 
Although some of us have sent in comments, I don't see any posted to that article. I guess they were only going to print the comments that took their position. In their defense, I don't see any other previous articles with comments either.
 
I was also wondering when the comments get posted. I figured that maybe they need to read the comments to look for inappropriate language prior to approving them for public viewing.
 
I told Mike I'm going to do him a favor and do the Clinton-thing. So, I asked him to wipe the smirk off his face, and thanked him for giving us lip service. :D Anyways, great job Show-me!
 
So using the admin cost for 2005, the TSP is currently receiving Approx. 95,000,000$ of MEMBER MONEY to administrate the program. It would seem members should have some input in what happens with TSP. Are the salaries posted anywhere of the feduciaries?
 
Babe - there is no such word as feduciaries. The term is fiduciary. And one must remember there are many party loyalists who continue to be held by the hand fearful of controlling their own destiny. The Nancy Pelosi followers fully expect Uncle to forever take care of them until they are in the ground. You cannot fight city hall and ween them to be more selfsustaining and independent - they want to be controled with no decision making required.
 
Birch,

No, feduciaries is a word. It is a federal official who takes care of you, e.g. Nancy Pelosi or Ted Kennedy. Of course, George W. Bush is not a feduciary. :cheesy:

On the other hand, I'm pretty sure "ween", "selfsustaining", and "controled" are not words.
 
Rokid,

You are correct, there are two ls in controlled. And Teddy Kennedy - who is that? I've learned that I can always count on you to be a defender. We need more stability don't we?

Dennis
 
quick traders

by Paul B. @ 6:22am - Mon Oct 2nd, 2006
One downside of frequent trading is the increased transaction fees incurred with each buy or sell. The TSP only charges across the board administrative fees borne by everyone in the plan. Perhaps it should institute a transaction based pricing mechanism so the buy and hold participants aren't subsidising the quick traders and they pay the full cost of their activity.
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That sounds like a good argument except when you consider the L-funds rebalance EVERY NIGHT! That's the equivelant of a daily transfer, transaction-wise, for the L-funders so I doubt the validity of this point.
 
thanks, Tom..I was thinking this guy might have some semblance of an argument, and was considering how we could assume some of that cost, what might be reasonable, assuming Scottrade, for example, charges $7/trade and of course making, I'd guess, at least 50% premium over cost. However, your L fund reply seems to nullify the rational of another crusader for those too lazy or to fearful to seek the truth. Please reply to Mr. Causey's column, to Paul B with your rebuttal. I may if you haven't already.
 
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I was going to but I couldn't remember my account info over there. Besides, they would never post it.
 
mlk_man said:
You know I use to have respect for Mike Causey for trying to help govt. people out. Well that went out the window. They finally posted a comment to that article. You guessed it, it happens to agree with him and that other fella............ http://www.federalnewsradio.com/index.php?nid=22&sid=927327

Hey Mike? Where's my post????????????????
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Yup, I noticed the same thing earlier tonight! At first, I thought it was Desperado who joined today and started a post that's got everyone going wild! I think many people were suspecting it was Mike.
 
FUTURESTRADER said:
thanks, Tom..I was thinking this guy might have some semblance of an argument, and was considering how we could assume some of that cost, what might be reasonable, assuming Scottrade, for example, charges $7/trade and of course making, I'd guess, at least 50% premium over cost. However, your L fund reply seems to nullify the rational of another crusader for those too lazy or to fearful to seek the truth. Please reply to Mr. Causey's column, to Paul B with your rebuttal. I may if you haven't already.
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I ended up responding last night and to my surprise, they did post it.

http://www.federalnewsradio.com/inde...=22&sid=927327
 
Maybe they didn't paste my reply because I mentioned tsptalk.com a couple of times in my post. It would be like free exposure. How many of the people who replied to Mike's comments mentioned tsptalk.com?
 
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