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 -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (207701)10/20/2004 9:37:21 AM
From: i-node  Read Replies (1) | Respond to of 1574005
 
>>>>>>>>> And $1K invested at -1% will be worth... Self directed retirement accounts are no guarantee of future returns. And we certainly don't want to get the government into the business of directing where investment money goes.

There would be reasonable restrictions on the account. Something along the lines of a self-directed IRA.



To: Road Walker who wrote (207701)10/20/2004 6:43:53 PM
From: brushwud  Read Replies (1) | Respond to of 1574005
 
And we certainly don't want to get the government into the business of directing where investment money goes.

I'm glad to hear you say that. When the idea of integrating individual investment accounts into SS was advanced during the Clinton administration, he proposed directly investing a portion SS funds into the stock market instead of U. S. bonds. Over time, that would make the government a part owner of every public company in America. As if it wasn't already, since the take from the corporate income tax averages around 30%.