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How would President Bush's former social security plan if passed have fared in todays stock market turmoil?
10-13-2012, 02:49 PM
Post: #5
krollohare2 Offline
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Well I will say, it would have been abysmal. However, there is a stronger likelihood of the market recovering in time than it collapsing entirely. So though the stock would be worth less today, it is possible it will be worth more later. Or shall I say more probable.

Do I support banking a retirement on stocks? No way! But I don't like that kind of risk-taking.

As far as Social Security is concerned, it has been horribly mismanaged over the years. I doubt it will survive without the government putting back all the money it took out over the last 30 years.
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Messages In This Thread
[] - Tyler W - 10-13-2012, 02:49 PM
[] - mark32541 - 10-13-2012, 02:49 PM
[] - gregory_dittman - 10-13-2012, 02:49 PM
[] - krollohare2 - 10-13-2012 02:49 PM
[] - jujugirl - 10-13-2012, 02:49 PM
[] - rsmd49 - 10-13-2012, 02:49 PM
[] - clhen37 - 10-13-2012, 02:49 PM
[] - D. E. K. - 10-13-2012, 02:49 PM

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