Thread: Stock Market
View Single Post
Old 04-06-2007, 09:10 AM   #23 (permalink)
billybobama
Banned
Join Date: Mar 2007
Posts: 694
Points: 3,801, Level: 39
Points: 3,801, Level: 39 Points: 3,801, Level: 39 Points: 3,801, Level: 39
Level up: 1%, 149 Points needed
Level up: 1% Level up: 1% Level up: 1%
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
billybobama is offline 		Reply With Quote
 
Quote:
Originally Posted by tadpole256 View Post
I disaggree... I think that privatized accounts would be a good thing in the long run. You can't take a momentary glimpse at the market and make a determination like the one you are making. You have to look at it over the last 30 years or more.
1) Social Security is still running a surplus. 2) The stock market has been flat for 7 years. 3) If Social Security had been in the stock market for the last 10 years and you retired today you would live the rest of your life in poverty.