luv2read
Market Veteran
- Reaction score
- 18
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Restrictions Have Been Removed!
- Thread starter luv2read
- Start date
- Status
weatherweenie
TSP Legend
- Reaction score
- 179
luv2read
Market Veteran
- Reaction score
- 18
You get two unrestricted trades to any fund, including G fund. After that, you can DCA into G all month if you want.
Example.
May 1 C/S/I > 100% G. That's 1.
May 5 100% G > 25%C/25%S/50% I. That's 2.
For the rest of the month you can make as many moves to G as you want by reducing the percentages in one or more of the other funds(DCA), or move it all to G in a 100% move. You can't move OUT of G once you've used the two unrestricted moves.
Braveheart
Analyst
- Reaction score
- 12
What is sad is the fact they had no right to do this so in my opinion they just admitted today what they did to the 500+ was illegal because suddenly today the alleged abusers did nothing wrong the FRTIB locked members out from trading within the rules. All of the 500+ now have a Federal Case because you can't ban someone from trading and then today without a written confirmation properly notify the group yes we the FRTIB have allowed you to trade once again we banned you for no reason other than to make an example of all of you. Wow what a case you have now to recover damages for any loss, humilation, defamation, slander, harassment, pain and suffering I could go on all day with a list. The FRTIB just proved they were wrong today for their decision to force members to mail IFT's.
luv2read
Market Veteran
- Reaction score
- 18
They proved they were wrong the day they accepted FAX IFT's from those who were restricted.
Braveheart
Analyst
- Reaction score
- 12
The fax still meant they were locked out from using the site to trade as everyone else was until today they were brought back on equal footing with everyone all 3.9 $ million are treated equally today. That was nothing more than harassment. A case any member would win.
Gaetaone
TSP Strategist
- Reaction score
- 5
I've been banned from the beginning.... They were accepting faxes last week because I sent one in and it was processed in a day. I know my letters all said that the ban would be lifted as soon as the new rule went into place.. I'm juts as pissed as anyone else and feel that they cost me earnings and that the punishment was selective. If there were a class action I'd sign in a heart beat... That said, they did what they said they would.
John
John
qibovin
Analyst
- Reaction score
- 6
This would presume someone actually started a case!
We haven't had any takers for weeks. They were counting on this--a calculated risk, I suppose, that paid off for them.
0
06savefor2012
Guest
Re: Restrictions Have Been Removed VS Imposed
My 2 cents. I consider two trades a month-RESTRICTED. I made a lot of money in the S and the I, back when I could do inter fund transfers at will. I will miss that ability to do so in the future. Already I see that two trades a month is going to cost me as I trade because I have to, not because I want to get into a little higher risk trade. I will be very conservative now and not be willing to make an educated higher risk transfer knowing I might get stuck and not be able to get out right away each time dishonesty is revealed on Wall Street. Good luck to all, Try to make some money. Remember, no risk no (super) gains! Keep the information flowing to the site as much as possible and thanks for all of you who have helped me with your insights!
My 2 cents. I consider two trades a month-RESTRICTED. I made a lot of money in the S and the I, back when I could do inter fund transfers at will. I will miss that ability to do so in the future. Already I see that two trades a month is going to cost me as I trade because I have to, not because I want to get into a little higher risk trade. I will be very conservative now and not be willing to make an educated higher risk transfer knowing I might get stuck and not be able to get out right away each time dishonesty is revealed on Wall Street. Good luck to all, Try to make some money. Remember, no risk no (super) gains! Keep the information flowing to the site as much as possible and thanks for all of you who have helped me with your insights!
luv2read
Market Veteran
- Reaction score
- 18
The point of the thread was to let the people who were restricted to SNAIL MAIL IFT's know that THOSE RESTRICTIONS were removed. I'm going to ask Tom to lock this thread since it's served its purpose, and to avoid further confusion. Thanks for all the comments.
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