SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amy J who wrote (213529)12/18/2004 7:15:31 PM
From: RetiredNow  Read Replies (1) of 1575622
 
Careful with those comparisons to Chile. If you haven't noticed, the U.S. is not Chile. :) Our financial markets are some of the most sophisticated and efficient every created by humans. I can almost guarantee you that if privatization occurs, they will keep their fees to 1.5% or less. That's still not cheap, but there will be cheap alternatives like investing in index funds or Fidelity Freedom funds or other horizon type funds that are cheap to manager.

Also, if you have a 20-30 investing horizon, don't let those authors use scare tactics like taking the worst 10 year period and saying that is what you can expect your returns to be like. Anyway, I personally feel that privatization is less important than tying your contributions to your social security #.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News