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Showing Original Post only (View all)If the Social Security fund was invested in the stock market...? [View all]
You would probably be getting a letter in the mail in the next week or so stating that your next SS check would be about 10-20% less because of the drop in the market. But, there is no need to panic. That is just the way the market operates.
Those that support the idea of privatizing Social Security are always very quite on the subject matter when the market is as volatile as it is now.
But this is the time to look at the ideas of the free marketeers. Are you sure you want your Social Security tied up in the stock market? Who do you trust the least - the government or the stock market?
Which do you want handling the Social Security fund?
37 votes, 0 passes | Time left: Unlimited | |
The same one handling my 401K? | |
0 (0%) |
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My personal stock broker? | |
0 (0%) |
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The US Government? | |
37 (100%) |
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0 DU members did not wish to select any of the options provided. | |
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Disclaimer: This is an Internet poll |
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If it had been invested in 1940s, we'd all be retired and able to withstand a 20% cut. But
Hoyt
Jan 2016
#2
Except that if Wall Street gets their hands on SS there will be significant fees...
Human101948
Jan 2016
#10
I would not want SS in the stock market. But if I knew someone who could turn my $200 in savings
Hoyt
Jan 2016
#14
If they ever understand it. You won't get many people alive today who will work for bartered
Hoyt
Jan 2016
#26
the "market" here is "US Treasury Bonds" and as long as those are "marketable"
Warren Stupidity
Jan 2016
#60
The selective, ideologically driven ignorance is truly perplexing, at times. n/t
ronnie624
Jan 2016
#62
I asked that question in 2008 if Social Security had been privatized as Bush* wanted
Samantha
Jan 2016
#30
I want them collateralized with CDOs, 400 trillion $$$ of that sloshing around in the markets.
bemildred
Jan 2016
#33
I would have a problem investing my SS money into companies that outsource American
B Calm
Jan 2016
#48
if social security (and disability) were invested in the stock market, I would have a
hollysmom
Jan 2016
#51