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+--- Thread: imagine if we all took George w. bush advice and invested our social security payments in the stock market ? (/thread-8440.html)
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imagine if we all took George w. bush advice and invested our social security payments in the stock market ? - Franklin C - 10-13-2012 10:52 AM
i still remember him campaigning 4 years ago with a big smile telling us we need to put our social security into the stock market , holy hell , who rules us ?
mel , i just wish he was consistent and say it today when stocks are cheap .
- Shadow Knight - 10-13-2012 11:00 AM
Wow what a disaster that would have been!
- katydid - 10-13-2012 11:00 AM
We would be up the proverbial creek without a paddle. Dodged that bullet didn't we.
- Mr. Wordy - 10-13-2012 11:00 AM
social security isn't much, but my 401k is invested in the stock market and in the tank.
- IgnoranceIsYou - 10-13-2012 11:00 AM
It wasn't just that idiot. The public would have been really screwed! But, don't foget, a lot of idiots in Congress backed that idea.
- Brian - 10-13-2012 11:00 AM
If I had, my money would still be there and I'd be buying more. People with short times to retirement would have had no reason to move their money but as I have decades it would have made sense for me..
Remember you don't make or lose a dime until you sell..
- Dani - 10-13-2012 11:00 AM
Seniors would be eating cat food. There is no noticeable difference Bush and McSame.
- dnafairy - 10-13-2012 11:00 AM
It's still good advice, as long as you aren't retiring in the next 10 years.
If you are retiring in the next 10 years, your investments should be cash and bonds anyway.
Now is probably a good time to buy as long as you're buying for 10 years down the road.
- dnafairy - 10-13-2012 11:00 AM
I wish that would have happened then all those democrats would not have been pushing subprime loans on the banks.
- ♥ Mel - 10-13-2012 11:00 AM
People have been complaining about having to pay into SS for years and years. George said what he did to please the Yuppies.Now i do not hear anyone saying they were wrong. lol Always Bushes fault isn't it.