I believe it would take some powerful external influence to get the TSP to change. The issue you raise is one of the reasons why I will be taking all my money out of the TSP when I retire. On a couple of occasions, I have called the TSP and raised this topic with them. The question I asked that gets to the core of the issue is this… What does it cost to execute a trade with the TSP? You cannot get an answer from these people. I would have an easier time getting the formula for Coca-Cola. What you will get as a reply are the low expenses the TSP incurs and why it's smart to stay with them. I have considered doing a Congressional or FOIA to try to find out. I maintain once you determine what the cost is of a trade, and TSP knows this info, then just bill me for the added extra trade per month. $10, $20, $50, $100 dollars, whatever, I would pay it. This would be a bargain based on trades I've been locked out on and it's cost me thousands of dollars. Hey, FRTIB, I mean you TSP Executive Director Greg Long and Chairman Michael Kennedy. Instead of all these other gimmicky things you're looking into to bolster TSP retention, (mutual funds, REIT's, etc.) why not look into this issue to service your core customers?
Please, if someone wants to reply that it's done this way to keep the costs low… We already know that. This is a discussion outside of TSP's propaganda campaign.
Posted by: mrbizz1@yahoo.com
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (130) |
Belum ada komentar untuk "[TSP_Strategy] Re: TSP Gripe"
Post a Comment