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OT. Social Security record
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Vic Smith
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OT. Social Security record
On Thu, 28 Dec 2017 00:09:37 -0500,
wrote:
On Wed, 27 Dec 2017 20:36:37 -0600, Terry Coombs
wrote:
Ed Zachary ! That money was supposed to be in a trust and invested
for our retirement . Instead the ****in' politicians stole it to buy
votes . Had that money I paid in been invested in something that had a
return similar to what I invested on my own I'd be getting about 3 times
what I draw from SS .
That is true. If my SS money had been put into the stocks of the dow I
would have about 2.5 million bucks and If I had the dividends
reinvested it would be more like 3.5 - 4 million depending on the
stock mix.
More likely the entire stock market industry would be entirely different.
Boom and bust, panic, vast corruption. Public revolts, lynch mobs.
Maybe we'd have a different form of government by now.
Probably would be lucky to get a dime back.
Unless the government was running the stock markets, which presents it own problems.
Besides, nobody stopped you from investing a similar percentage on your own.
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