Active Users:1488 Time:11/01/2025 10:20:57 PM
Did you bother to actually read anything? HyogaRott Send a noteboard - 05/03/2013 02:32:16 PM

1: It was a mathematics example to illustrate how crappy Social Security actually serves the people. Besides, Social Security already takes 15% (7.5 directly form the individual), my example only shows what COULD have been done with just 4% (using all 15% the value is almost $5 million). As for showing the math, I have already given you all the variables and you can find the formulas on the web easily, though it is just as easy to find a calculator and skip the math by hand.

2: Contrary to what you believe (I seriously doubt you know very much at all about it) long term investing in the "evil" stock market (most easily through mutual funds) provides easily predictable long term gains. Yes there are short term fluctuations, and also methods to deal with them (beginning with not putting any money in there that you might need in the next 5 years).

3: No we can not simply end Social Security tomorrow. But there are many different ideas on how to continue to support the people who foolishly allowed themselves to be dependent on it. Without trapping a brand new generation into something that is just simply BAD.

This message last edited by HyogaRott on 05/03/2013 at 02:33:04 PM
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Can You Name the Largest US Program to ANNUALLY Collect More Than It Spent for 75 Straight Years? - 28/02/2013 11:03:18 PM 1325 Views
It's the world's greatest Ponzi scheme, since the government forces us to give money to it. - 01/03/2013 01:05:05 PM 756 Views
Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis. - 01/03/2013 03:53:02 PM 880 Views
Good lord my friend..... - 02/03/2013 04:19:35 AM 793 Views
I will just link what Isaac said; maybe then you will pay attention to it. - 02/03/2013 04:56:34 AM 835 Views
I really think you terribly misread what I said *NM* - 02/03/2013 06:59:56 AM 436 Views
Yes he did. He has very poor reading comprehension skills. *NM* - 03/03/2013 01:07:59 AM 463 Views
I really do not think I did. - 04/03/2013 01:43:02 AM 874 Views
I'm pretty confident you have - 04/03/2013 11:49:19 AM 860 Views
We evidently disagree on what constitutes a Ponzi scheme. - 11/03/2013 09:56:27 PM 786 Views
No, I agree with a clear definiton, you seem not to want to absorb that - 11/03/2013 10:24:47 PM 929 Views
It is neither an investment nor fraudulent. - 12/03/2013 02:34:09 AM 1001 Views
Okay, that's a really weird or naive standard to judge SS by - 01/03/2013 05:25:11 PM 807 Views
Great; will you put that on a postcard to Cannoli, A2K, Rick Perry and the rest of your party? - 01/03/2013 07:39:44 PM 835 Views
Your attacks on republican ideals would have more credit if you understood them - 02/03/2013 04:27:34 AM 816 Views
aH yes the great liberal investmetn/retirement plan that offers me a NEGATIGVE rate of return... - 02/03/2013 11:51:50 AM 734 Views
Do you sincerely believe people earning $14,560/year can afford investing 4% of it? - 04/03/2013 12:53:30 AM 892 Views
*sigh* - 04/03/2013 03:43:08 AM 726 Views
I tried it with compound interest; $44.80/month at 4% for 50 years still does not get to $1.25 mill. - 04/03/2013 04:24:51 AM 802 Views
Here are some clues. - 04/03/2013 04:37:39 AM 667 Views
It is math, not the Riddle of the Sphinx: EIther it adds up or does not. - 04/03/2013 05:02:39 AM 819 Views
Math is simple - Either you know how to calculate it or you don't - 04/03/2013 11:55:24 AM 903 Views
Indeed. - 11/03/2013 09:53:59 PM 806 Views
Re: Indeed. - 13/03/2013 05:00:10 PM 984 Views
SS is supposed to supplement a proper pension, not provide your sole income after retirement - 05/03/2013 03:53:03 AM 682 Views
Did you bother to actually read anything? - 05/03/2013 02:32:16 PM 756 Views
do *YOU* know what "living in poverty" means? - 05/03/2013 05:49:14 PM 818 Views
Re: do *YOU* know what "living in poverty" means? --- yeah, I've BEEN there. - 05/03/2013 08:01:33 PM 789 Views
how about respond to a post with logic and civility instead of being a troll for once? - 05/03/2013 11:03:00 PM 884 Views
All I have used is civility and logic, or least as much civility as was warrented. - 06/03/2013 04:28:04 AM 829 Views
yeah, it's my fault for stooping to your level.... - 08/03/2013 07:22:24 PM 872 Views
Re: yeah, it's my fault for stooping to your level.... - 10/03/2013 01:42:26 PM 744 Views
i'm not going to keep going in circles so i will finish with this.... - 11/03/2013 10:08:53 PM 1082 Views
No loss. - 13/03/2013 04:37:41 PM 679 Views
"Rah! Rah! Rah!" Can we please cut out all this blather and bile? - 05/03/2013 11:53:41 PM 755 Views
spoken like a true enemy of the state! - 06/03/2013 12:54:38 AM 728 Views
Re: spoken like a true enemy of the state! - 08/03/2013 03:04:37 PM 784 Views
I was not trolling, but clarifying. - 11/03/2013 09:53:48 PM 810 Views

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