It's 2 percent vs 12
But don't bother dems with facts, it's their unholy grail!
Fiscal trouble ahead for most future retirees
- Thread starter blackascoal
- Start date
But don't bother dems with facts, it's their unholy grail!
Airstrip One
Completely Effed
I wish I would have had $1 Million back in 2002 to put into hedge funds. Now there was a case of gambling, but within two years I could have been walking out the door with $10-20 Million and never looking back.
Cancel 2016.2
The Almighty
No Rune, I am saying you don't let people pick individual stocks.
Put the in spiders!
Cancel 2016.2
The Almighty
agreed, though I would drop the plural... just use SPY
Billy the Great Khan
Uwaa OmO
Yeah. Here's the way I think of it. For every $10 I make, I set $2 away for retirement. The government then takes $2 dollars from me for the same purpose, burns $1.50 of it in front of me, and the remaining $.50 they put away for me.
This is the first market correction you have lived through, and at that you don't seem to have any idea of the losses incurred.
That is the market average. So one would have to own all stocks in the market to average?
Or just magically pick all the winners?
so all investors get those returns you spoke of?
cawacko
Well-known member
Are you being obtuse on purpose? No one has proposed setting up a system where individuals have the option to pick individual stocks in their retirement accounts. And there are index funds and other options which track the market that allow for diversification and less risk.
So if they do as you say they will all get 12-18% return?
those promoting the 12-18% return are the obtuse ones for ignoring the realities of playing the market.
Cancel 2020.1
Canceled
Even the most conservative, diversified portfolio would yield a return that is 3-4 times higher than what we have currently, at worst.
Cancel 2020.1
Canceled
Just look at the history of the market. There is virtually no multi-decade period where returns weren't guaranteed at a fairly high level.
The market is not a casino. It is for some investors, but it's as predictably steady over the course of long periods of time as anything anyone can imagine.
Now, public SS - the system as we currently have it - is actually a huge gamble, because it is unsustainable. People need to take a look at how they assign "risk."
Airstrip One
Completely Effed
So, that's a no?
WTF are you talking about? Who is going to pick them for you?
What are you saying, that an IRA is the only option?
You don't seem to understand much about investing.
If they buy spy
Link
It is only unsustainable because of the earnings cap, and the misuse of the funds by congress-critters. Why don't you complain about the causes rather than the symptoms?