As a change of pace, I’d like to discuss “Trading Frequency” this week. In 2008 the TSP altered its policy from unlimited to, in most cases, two trades per month. I make this point because there’s currently a petition online to allow four trades per month. Who knows if it will be successful, but this topic comes about every once in a while. Which takes us to TSP TIPS, and our last reallocation on 10 December. We’ve stayed that way because we’re 100 percent invested in the equity funds (C/S/I) in an allocation that’s performing better than the S&P 500 benchmark. It reminds me of the old adage “If it ain’t broke, don’t fix it”. However, I "would" still like to have those trades that I didn’t use because they weren’t needed in the last 2 months. What I’d prefer is 24 exchanges within a twelve month period, i.e. bank the unused ones. In closing, if you do want unlimited trading of mutual funds, the best company that I’ve found and utilize with my individual clients is ProFunds. They have a diverse selection of index funds, including leveraged and inverse ones. Enjoy your nice long President’s Day weekend and let’s hope the bull keeps charging next week.
As a change of pace, I’d like to discuss “Trading Frequency” this week. In 2008 the TSP altered its policy from unlimited to, in most cases, two trades per month. I make this point because there’s currently a petition online to allow four trades per month. Who knows if it will be successful, but this topic comes about every once in a while. Which takes us to TSP TIPS, and our last reallocation on 10 December. We’ve stayed that way because we’re 100 percent invested in the equity funds (C/S/I) in an allocation that’s performing better than the S&P 500 benchmark. It reminds me of the old adage “If it ain’t broke, don’t fix it”. However, I "would" still like to have those trades that I didn’t use because they weren’t needed in the last 2 months. What I’d prefer is 24 exchanges within a twelve month period, i.e. bank the unused ones. In closing, if you do want unlimited trading of mutual funds, the best company that I’ve found and utilize with my individual clients is ProFunds. They have a diverse selection of index funds, including leveraged and inverse ones. Enjoy your nice long President’s Day weekend and let’s hope the bull keeps charging next week.