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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (215157)1/16/2005 7:35:39 PM
From: RetiredNow  Respond to of 1575148
 
No, I don't dismiss the risk. But forcing a 20 or 30 something to invest in T-Bills goes against all modern financial planning wisdom. Risk should depend on horizon.



To: Alighieri who wrote (215157)1/18/2005 11:52:12 PM
From: TimF  Read Replies (1) | Respond to of 1575148
 
What is the greater good of forcing people to invest in a system that gives them a less than 1% annual return on their money, when alternatives promise them so much more?

Or less, depending on the performance of the investment instruments and the equities markets in general. You dismiss the risk.


The "less" would apply only to a very few people and only to part of the amount currently going in to social security. The rest would stay in the SS system.

Tim