Letter: Fees could deter random trades
Regarding “Some participants protest new Thrift Savings Plan policy
”: If individuals want to make more than the allowed number of transactions per month, they should have the capability of doing so. However, if the number of transactions is more than the program allows, those individuals should be charged a fee for making them.
When they see just how much it costs them to make these additional transactions, more than likely it will deter them from making random transactions because of the markets’ ups and downs on a daily basis.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.