Cashizslick
!i!i!i!i!i!i!i!i!i!i!i!
Originally posted by Battle Pope@Feb 4 2005, 11:41 AM
What do you want to do? Trust the goverment's irresponsible spending habits to provide you with "guaranteed retirement", or take your retirement into your own hands and possibly have money to live on when you're 65?
[post=456338]Quoted post[/post]
See, most people that hate this plan hate it for 2 resons.
1.) They have no knowledge of how things like investment, the economy, and govt. spending work
2.) or, they just hate bush so much that even if this plan was for him to resign right now, they would still be against it.
Malt's views support the first point. You would have to be a fool to lose all of your money with a private account. Buying Govt bonds (higher rated than "AAA" bonds) or putting ur money into the bank is the best choice for the risk averse or those who dont know anything about investment.
lol, on the other hand, B's views support my second point, but dont quote me on that .