Still want to invest your Social Security dollars in the stock market?

[DOC]

Remember this was "W"s big idea during his first Presidential bid. Curious to see if anyone still thinks this was a good idea.

[civil_av8r]

Considering that the debt the current admin is getting us in, I doubt we'll have any money left. BTW, I dumped all my 401(k) money into a safe investment that still is in the black.

[Betsy Kay G]

A lot of my college friends in 1999 thought this was a good way to control their own Social Security monies. I'm sure they are glad this idea never got off the ground.

[Love Canada]

Where else do you think it goes, whether you do it or someone does it for you!

[Marcia B]

That way it can follow my 401k down the tubes...

[BitterCommander988]

I feel like i did the smart thing

I retired at 43 I am now 50

I have been getting my check

7 Years now

If it disappears, oh well

I got most of mine back now,

If not all of it

If i live & ss survives

I make out well

If ss bankrupts

Ive lost nothing

I had this fear & did something about it

I draw it & enjoy it

I am a slave to NO body

[Jungle Surgeon]

I think the Republican Agenda included the total destruction of the Middle-class and this raid on Social Security would have begun the process early. As it appears they did manage to loot the U.S. Treasury when they stampeded Congress into giving the banks $ without restrictions. Now it's going to cost $ trillions to fix the damage.
I have noted that the DOW is now where it was before the Dot Com and the Housing bubbles began. It appears to me that the fix is working.

[busybody40]

Yea its so much better giving in to the government, If you work till your seventy making lets say making $20,000.00 per year, pay your 7.25% social security tax plus the 7.25% match from your employer, (remember this is your money at this time. This would be $150,800.00 you paid in to Social security no interest at all, now we will assume that you will still be able to collect this at 70 years of age lets say 1500 per month. You would be 78 when you ran out now most do not live to this mark but at 6% annual return at age 70 on $150,000.00 you would gain around $10,000.00 per year as it is, with still no interest collected on this through your whole Life time. So you could probably get to around 105 years of age. Now if you pass away during any of this time the bulk of this is gone the government keeps it. And Yes I would like to have the responsibility of making the decision of my retirement money.

[Barney]

You don't have to buy and hold stock to be active in the stock market. Anyone who is willing to put their capital at risk can use various strategies to make a profit in the market regardless of what direction it moves. The only key is to knowing, recognizing certain signals and knowing what to do and when to do it. Playing the stock market is no different than regulating the flow of assets in a well planed timely manner.