Social Security example
A18:
Absolute nonsense. There is no 'incompetence' gene that flows throughout someone's entire character.
Investing isn't hard.
opebo:
Quote from: Philip on February 01, 2005, 12:31:42 PM
Absolute nonsense. There is no 'incompetence' gene that flows throughout someone's entire character.
Investing isn't hard.
It is actually perfectly possible to loose your money even if you do everything 'right' - risk is inherent in investing.
That is assuming you are fortunate enough to have any money to invest.
A18:
Quote from: opebo on February 01, 2005, 12:36:08 PM
Quote from: Philip on February 01, 2005, 12:31:42 PM
Absolute nonsense. There is no 'incompetence' gene that flows throughout someone's entire character.
Investing isn't hard.
It is actually perfectly possible to loose your money even if you do everything 'right' - risk is inherent in investing.
That is assuming you are fortunate enough to have any money to invest.
Possible and probable are two very different things. Unless this guy is a total idiot, he's not going to buy high and sell low. Earlier, AAA bonds were mentioned.
The entire point to Social Security privatization is allowing people to invest a portion of their payroll taxes.
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