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

To: RetiredNow who wrote (549804)	2/14/2010 3:23:41 PM
From: SilentZ	1 Recommendation Read Replies (1) \| Respond to of 1574737

> Like I said. The government could limit what you invest in. They could mandate that you invest in an age appropriate target date fund. Then no one needs to learn anything. Just choose which mutual fund company you want to invest in and choose their age appropriate fund. Why would you have that kind of faith in a mutual fund company? Lots of people have lost a ton of money in mutual funds in the last couple of years. There's no guarantee it's coming back. Simple. Every problem you bring to me, I can solve, when it comes to privatizing social security. And why do you want to do it so badly? Why on earth would you want to introduce risk to a safety net? I can see doing it with one's 401(k), but a mutual fund can not guarantee a minimum. -Z