You have some points, but may I beg to differ - as the idea of cost/IFT makes me :
I'll take my unlimited trades, and keep my $10. I'm not paying no $10 per ITF for these simple index funds; there's a ton of funds that don't charge like that as long as you keep it in the family; why tf should I even consider doing that with TSP? This is not a cost per trade issue, its a cost of maintaining a system to allow unlimited transfers between a very small family of index funds, when and if needed, by a group of employees. I won't do it. If you want to get creative, let me take all my money out, and put it in Fidelity or Vanguard where I have some real choice. I suspect the consequence of that option, if we had it, would be the elimination of TSP.
Look, there's a ton of people that would agree with you. Especially those people who ITF once a decade, if ever, just letting it ride in C fund no matter what. The last 3 people who I asked to sign the petition said "Oh, I don't even wanna look at my TSP.....". All this cost/trade idea is going to do is encourage people who don't watch their TSP, to look even less at it. Trades will go down, active management will go down, and on average, employees lose. Alot of employees. I don't think it should cost that much for this very limited service, and I am not in favor of it.
As to the S&P, the afterhours on the spyders and q's are down for the second straight day.....so I'm foaming at the mouth....ready to strike with my bloated boodle of very well performing F (closing in on 2yr hi's) and temporary G for another opportunity.
I'll take my unlimited trades, and keep my $10. I'm not paying no $10 per ITF for these simple index funds; there's a ton of funds that don't charge like that as long as you keep it in the family; why tf should I even consider doing that with TSP? This is not a cost per trade issue, its a cost of maintaining a system to allow unlimited transfers between a very small family of index funds, when and if needed, by a group of employees. I won't do it. If you want to get creative, let me take all my money out, and put it in Fidelity or Vanguard where I have some real choice. I suspect the consequence of that option, if we had it, would be the elimination of TSP.
Look, there's a ton of people that would agree with you. Especially those people who ITF once a decade, if ever, just letting it ride in C fund no matter what. The last 3 people who I asked to sign the petition said "Oh, I don't even wanna look at my TSP.....". All this cost/trade idea is going to do is encourage people who don't watch their TSP, to look even less at it. Trades will go down, active management will go down, and on average, employees lose. Alot of employees. I don't think it should cost that much for this very limited service, and I am not in favor of it.
As to the S&P, the afterhours on the spyders and q's are down for the second straight day.....so I'm foaming at the mouth....ready to strike with my bloated boodle of very well performing F (closing in on 2yr hi's) and temporary G for another opportunity.
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