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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (18594)5/9/2000 9:56:00 AM
From: Zoltan!  Read Replies (1) | Respond to of 769667
 
>>How is this going to work? Is this going to be a compulsary self directed IRA? Most people I know already direct some investments that go toward their retirement through IRAs, 401Ks, and other means. It seems like Bush Jr. is just calling for 2% more of the total investment to be moved from the core guarenteed account to a more speculative account.

No, to a higher return account. Remember, the markets always beat Social Security's return over time. I'm sure people averse to risk could buy an annuity that would greatly outperform the horrendously poor performance of Social Security.

>>He would get low marks as a financial planner.

No, you would.