SS survived the Great Depression quite well, would have thought it would have taught you a thing or two about wall street bubbles.
#84 | Posted by truthhurts at 2024-03-10 03:15 PM | Reply | Flag
If you understand how to invest as you age, you will secure more of your wealth as you get older and not leave it risky ------. even if I was a ------y investor and only made 2% over time, I would still have a helluva lot more money than I'll ever get from Socialist's Insecurity.
#95 | POSTED BY LFTHNDTHRDS
SS is not an investment mechanism.
SS is not an investment mechanism.
How many times do you have to be told SS is not an investment mechanism.
Because, SS is not an investment mechanism.
One more time for the cheap seats
SS is not an investment mechanism.
It is a program that assures a basic income for older Americans. An income that is separate from:
1. the whims of wall street
2. the peaks and valleys of wall street
3. the conmen of wall street
4. the inability of many, many, many, many, many people to invest-it takes a certain privilege to think that most people can even afford even 5% of their income being set aside for retirement.
5. a total crash of the economy by bankers and wall street people.
And since SS is not an investment mechanism, the comparison to investing is, well, sorry to say, just plain stupid.
Oh, did I say SS is not an investment mechanism?