Re: Dan says SS = SSA

2004-04-07 Thread Erik Reuter
On Mon, Apr 05, 2004 at 03:03:24PM -0500, Dan Minette wrote: The mean length of the investment is just under 7 years from the site I quoted. BTW, I tried clicking on my own reference, and it didn't work properly. You need to go one level up to

Re: Dan says SS = SSA

2004-04-06 Thread Erik Reuter
On Mon, Apr 05, 2004 at 10:41:28PM -0500, The Fool wrote: If you consider 38years 'not too many years'. Yes, I do. If you are investing is stocks now, 38 years isn't that long because the market is at historically quite high valuations. For example, I would NOT advise 100% equities for anyone

Re: Dan says SS = SSA

2004-04-05 Thread Kevin Tarr
I explictly stated that. (This calculation, BTW, includes both the company and the individual contributions) So, the answer is yes. Second, and this helps his argument, what are the historical 30 year returns since 1935? I was to a retirement seminar last week and the speaker was using 11%

Re: Dan says SS = SSA

2004-04-05 Thread Erik Reuter
On Mon, Apr 05, 2004 at 06:08:50AM -0400, Kevin Tarr wrote: But future retirees will not have that benefit, and the money going in now, or at least since the seventies, should be invested. It is already invested. The government borrows from those accounts and uses the money, for example, to

Re: Dan says SS = SSA

2004-04-05 Thread Dan Minette
- Original Message - From: Erik Reuter [EMAIL PROTECTED] To: Killer Bs Discussion [EMAIL PROTECTED] Sent: Monday, April 05, 2004 5:52 AM Subject: Re: Dan says SS = SSA But we don't need to lower interest rates further and encourage corporate balance sheets to become even more

Re: Dan says SS = SSA

2004-04-05 Thread Erik Reuter
On Mon, Apr 05, 2004 at 08:14:37AM -0500, Dan Minette wrote: Actually, its government bonds right now. On paper, the SS trust fund includes the money it makes from the interest accumulated from the government bonds it has invested in. All of it? I've never seen a clear explanation for how

Re: Dan says SS = SSA

2004-04-05 Thread Ronn!Blankenship
Dan says that WWII Nazi stormtroopers are gay? The Mapping From Abbreviations To Their Meanings Is Not A Function Maru -- Ronn! :) Professional Smart-Aleck. Do Not Attempt. ___ http://www.mccmedia.com/mailman/listinfo/brin-l

Re: Dan says SS = SSA

2004-04-05 Thread Erik Reuter
On Mon, Apr 05, 2004 at 10:32:48AM -0700, Gautam Mukunda wrote: US Government Bonds are considered the only riskless assets in the financial world - Actually, T-bills would be lower risk. Because unless you are talking about TIPS, bonds can lose a significant amount of capital during

Re: Dan says SS = SSA

2004-04-05 Thread The Fool
From: Erik Reuter [EMAIL PROTECTED] On Mon, Apr 05, 2004 at 11:06:35AM -0700, Gautam Mukunda wrote: And interest rate and inflation risk should be taken into account in this situation, which is why I mentioned it. The SS trust fund will go negative in not too many years. If you consider

Dan says SS = SSA

2004-04-04 Thread Kevin Tarr
At 05:51 PM 4/4/2004, you wrote: - Original Message - From: JDG [EMAIL PROTECTED] To: Killer Bs Discussion [EMAIL PROTECTED] Sent: Sunday, April 04, 2004 4:12 PM Subject: Re: Welcome to life in George W. Bush's America At 04:01 PM 4/4/2004 -0500 Dan Minette wrote: I wouldn't really

Re: Dan says SS = SSA

2004-04-04 Thread Dan Minette
- Original Message - From: Kevin Tarr [EMAIL PROTECTED] To: Killer Bs Discussion [EMAIL PROTECTED] Sent: Sunday, April 04, 2004 9:41 PM Subject: Dan says SS = SSA At 05:51 PM 4/4/2004, you wrote: - Original Message - From: JDG [EMAIL PROTECTED] To: Killer Bs Discussion