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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (24566)10/16/2004 4:03:06 PM
From: JillRead Replies (4) | Respond to of 306849
 
Grace, you're too holier than thou on these threads you post on. I imagine you with reading glasses on a chain, looking down your nose with a scolding finger... -g

It doesn't really matter if you diversified and did well and saved properly and are just a-okay and even have your husband properly hypnotized...life is just so good for you -g

It's the state of global finances, and the equity bubble in this case, that counts...and the national/individual debt and what most boomers will do when they don't get ss benefits as expected etc...and also, what we currently want to do as investors/traders etc, who post here



To: GraceZ who wrote (24566)10/16/2004 4:13:29 PM
From: The WharfRead Replies (1) | Respond to of 306849
 
The good news is as the government raises the retirement age and taxes SS benefits they will compel people of my generation to work longer than their parents did, thus they will pay into the system longer funding only those who pass a means test or are truly unable to work

The bad news is that child bearing is also postponed until later years of life. Children require quite a bit of funding leaving less catch up time for senior year savings.



To: GraceZ who wrote (24566)10/16/2004 6:09:06 PM
From: MrGreenJeansRead Replies (1) | Respond to of 306849
 
Grace,

I am a big fan of yours as well. I enjoy your insights. However, all the government has to do, as suggested by a couple of Nobel Economic prize winners, is too decrease the marginal tax rate and that would be more than sufficient to keep the social security program going for many years.