Wouldn't you rather invest your Social Security in the stock market?
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04-07-2014, 02:35 AM
Post: #15
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The stock market has historically been the best investment over time. Even if I choose my stocks by throwing darts at the Wall Street journal, on average, this is what I kind of return I can expect.
If I invest $10,000.00 without doing any research at all into the company, on average I should expect that money to grow into $39,880.00 in the next 30 years. The everage employee today has $6,426.00 invested on his behalf every year into Social Security. Younger workers today half almost no chance of seeing any of that money as it stands right now. If over the next 30 years you could take that same $192,780.00 that would be stolen from you by the social security tax and invest it with those minumum returns we see by the dart throwing method, you tell me which one makes more sense. I'll help you out. If you invest the money you are being charged for Social Security right when you start working, in 30 years, there is almost no doubt that you will be a millionaire. Would you rather retire rich and carefree, or on the $800.00 dollars a month Social Security pays right now? |
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Messages In This Thread |
[] - O'Really - 04-07-2014, 12:22 AM
[] - ms wheedler - 04-07-2014, 12:29 AM
[] - Jeff Smoker - 04-07-2014, 12:45 AM
[] - minoltabrian - 04-07-2014, 02:07 AM
[] - RaptureReady - 04-07-2014, 02:33 AM
[] - Fishguy - 04-07-2014 02:35 AM
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