Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Tenchusatsu who wrote (741837)	9/25/2013 6:40:01 PM
From: SilentZ	Read Replies (2) \| Respond to of 1579785

> Same concept also funds 401k accounts and IRAs. The difference is that individuals are responsible for setting aside the money and investing it responsibly. >The nice thing about individual responsibility is that companies can't raid that money to pay for other things or gamble on risky investments. There can and should be tight laws on that. >I know you think it's better for individuals to not have to worry about those kinds of things and to trust big government, big corporations, and big labor to handle this stuff. But I don't. So what happens when the individuals don't invest? The unfortunate part is that most people don't or can't. So when 60 percent of people (I think that's the number) hit their mid-60s with basically nothing in that 401k, then what happens? You just say "Well, you should've invested better when you had the chance" and just let them suffer? That's not my vision for America. But I'm sure it sounds rather peachy to you. -Z