Letter: A fee-per-trade system would distribute costs more equitably
Regarding “Some participants protest new Thrift Savings Plan policy
”: Although I don't engage in frequent TSP trading, I don't begrudge those who do. That said, it is only fair for those who do to pay for the increased administrative costs incurred as a result of frequent trades.
It is unreasonable for infrequent traders like myself to bear additional administrative costs brought about by the frequent traders. A cost-per-trade system would seem to be a more equitable method for distributing costs.Anonymous
What do you think? Paste a comment in the box below (registration required), or send your comment to [email protected]
(subject line: Blog comment) and we'll post it.