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Politics : PRESIDENT GEORGE W. BUSH
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To: Scumbria who wrote (143024)5/6/2001 12:36:18 PM
From: ManyMoose  Read Replies (2) of 769670
 
Scumbria, everybody knows saving for retirement is a long term proposition. Sure, if the SS fund was plopped into the Nasdaq in 1999 people would be hurting now. That's not the idea, as you well know. They put in a small proportion over many years. Over the long run, they'll be far better off.

It's common knowledge that people (like me) who are close to retirement should not be heavily into stocks unless they can tolerate the risk.

>>>>It is a shame that the SS Fund wasn't invested in the NAZ for the last 12 months.
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