Xo was singing the praises of how he has intelligently placed other $'s in other funds and stock options, besides SS, yet is staunchly against anyone daring to do the same, per Bush's proposal.
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You annoying asshole, I did not say this. What I DID say was that it is a good idea for EVERYONE to take advantage of 401k, 403b, IRA and Roth IRA plans. I have never invested in 'stock options', mostly just mutual funds, by the way. I would be against the government taking money from taxpayers and investing it for them in some stock plan, because the yield would be pitiful on any such fund, since yield goes down when investment rises. On the other hand, most people are not wiling to spend enough time studying mutual funds, stocks and bonds to do very well at it. Most small investors actually LOSE money most years, because they follow the hype, buying at the top and selling near the bottom. This would not make for a solvent retired population. Peoiple tend to put their money in crappy scams like real estate flipping, options and currency trading that is the object of latenight TV informercials by scam artists.
There is a great abundance of good info available, much of it for free, but most people will never avail themselves of it. I know this from experience.
It would be best if the schools taught about investing, but I don't see this happening anytime soon. Roth IRAs and 401k's are excellent vehicles, but most people are unaware of what they are or how they work. Most people who have 401k's are locked into rather poorly performing funds of limited variety, and stuff like bank CD's.
Juniorbush's plan failed because by the time he started spewing about hos geart it would be, the entire nation (except for you) already knew that he was a congenital liar.