Kevin Schmidt wrote: > >Hey, Why can't I manage the money I put in? Nothing wrong with that Idea. > > I bet you'd be singing a different tune once majority of the population lost money in their investments and the govt. would have to pass some more legislation to help out the needy.
Social Security was never meant to be an alternative to good retirement investing. In essence, you are not investing money to support yourself. Your donating money to support other people who are retired now. You are hoping that the system will be around whenever you retire. I'm not sure why someone who doesn't understand that concept can be president. On the surface, private management of social security funds sounds great, but what if you're like the majority of Americans who have lost a lot of money in the past few months. People my age (30's) will have time to bounce back from it and probably end up profiting from the situation. People closer to retirement age have lost money as they will start withdrawing to live on. I really think gw was lucky he didn't get this passed before the stock market drop. Marlon > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/index.cfm?sidebar=lists&body=lists/cf_community This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting.
