On 8 Feb 2005 08:45:30 -0800, wrote:

Okay, I own my house and lot. Can I cut down all the trees on the lot?
The City says NO. Can I use it for a business? The City says NO. So
according to you I don't really own my house and lot.

Next. I get Social Security now. Can I pass that on to my children
when I die? Hell NO. How about my wife? Absolutely NOT. Can I make
any decision about it? I think I can not collect it.

So as I see it under the Bush Plan, I am a lot closer to actually
owning something. Just because there are limitations on the Bush Plan,
does not mean that it is not a huge improvement over the current Social
Security. With the current Social Security, most people in their
thirties will be lucky to get back the amount they put in plus about 1
percent. Now that is a dismal return over about thirty years.

Currently all the excess Social Security funds are invested in Treasury
Bills.
I would not use any financial advisor that did not recommend some
diversity.

Dan

Social Security is already a mutual fund. Instead of "investing" it in
Treasury Notes, it could be invested in an index of stocks. 500, 5000,
pick a number. That increase in earnings plus raising the taxable
ceiling would pretty much solve the problem. (In my simple way of
thinking)