Active Users:1123 Time:23/11/2024 12:16:44 AM
Re: do *YOU* know what "living in poverty" means? --- yeah, I've BEEN there. HyogaRott Send a noteboard - 05/03/2013 08:01:33 PM

1a: What part of "mathematical exercise to show how bad social security is" do you not comprehend?

1b: Social security is not a pre-tax withholding SURPRISE

1c: Social security is already taking 7.5% (employer contributes another 7.5%) and you are complaining about my 4% (wich results in a much higher return at the end)... go figure

2: And if you leave it alone, it will all be back (with a decent fund). You did notice the thing about leaving it alone for 5 years didn't you? 95% of all 5 year periods in the history of the market have been an increase. When you get within 5 years of intending to draw money out, you do different things, but this is not a discussion on market strategies. You can believe me or no, I really don't care.

3: BWAHAHAHAHAHAHAHAH snort Rich family... heh... yeah, riiiiight. It is "BAD" because it is. The math absolutely SUCKS. I would damn nearly do better if the government forced me to bury the money in my back yard. Does the term "negative return" mean anything to you? If you are 45 or under, you will spend more on social security than you will ever receive in benefits. It is a bad plan. It isn't the social welfare aspect I object to, it is the waste of my money versus what it could do for me.

How about actually paying attention to what I am actually saying instead of your own personal political ideology for once?

This message last edited by HyogaRott on 05/03/2013 at 08:04:16 PM
Reply to message
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 1303 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 742 Views
Yes, "government forcing people to give money" defines a Ponzi; speeding tickets are Ponzis. - 01/03/2013 03:53:02 PM 868 Views
Good lord my friend..... - 02/03/2013 04:19:35 AM 782 Views
I will just link what Isaac said; maybe then you will pay attention to it. - 02/03/2013 04:56:34 AM 824 Views
I really think you terribly misread what I said *NM* - 02/03/2013 06:59:56 AM 430 Views
Yes he did. He has very poor reading comprehension skills. *NM* - 03/03/2013 01:07:59 AM 457 Views
I really do not think I did. - 04/03/2013 01:43:02 AM 861 Views
I'm pretty confident you have - 04/03/2013 11:49:19 AM 846 Views
We evidently disagree on what constitutes a Ponzi scheme. - 11/03/2013 09:56:27 PM 767 Views
No, I agree with a clear definiton, you seem not to want to absorb that - 11/03/2013 10:24:47 PM 911 Views
It is neither an investment nor fraudulent. - 12/03/2013 02:34:09 AM 982 Views
Okay, that's a really weird or naive standard to judge SS by - 01/03/2013 05:25:11 PM 789 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 816 Views
Your attacks on republican ideals would have more credit if you understood them - 02/03/2013 04:27:34 AM 799 Views
aH yes the great liberal investmetn/retirement plan that offers me a NEGATIGVE rate of return... - 02/03/2013 11:51:50 AM 712 Views
Do you sincerely believe people earning $14,560/year can afford investing 4% of it? - 04/03/2013 12:53:30 AM 876 Views
*sigh* - 04/03/2013 03:43:08 AM 706 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 790 Views
Here are some clues. - 04/03/2013 04:37:39 AM 651 Views
It is math, not the Riddle of the Sphinx: EIther it adds up or does not. - 04/03/2013 05:02:39 AM 804 Views
Math is simple - Either you know how to calculate it or you don't - 04/03/2013 11:55:24 AM 880 Views
Indeed. - 11/03/2013 09:53:59 PM 789 Views
Re: Indeed. - 13/03/2013 05:00:10 PM 974 Views
SS is supposed to supplement a proper pension, not provide your sole income after retirement - 05/03/2013 03:53:03 AM 670 Views
Did you bother to actually read anything? - 05/03/2013 02:32:16 PM 737 Views
do *YOU* know what "living in poverty" means? - 05/03/2013 05:49:14 PM 804 Views
Re: do *YOU* know what "living in poverty" means? --- yeah, I've BEEN there. - 05/03/2013 08:01:33 PM 778 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 862 Views
All I have used is civility and logic, or least as much civility as was warrented. - 06/03/2013 04:28:04 AM 811 Views
yeah, it's my fault for stooping to your level.... - 08/03/2013 07:22:24 PM 853 Views
Re: yeah, it's my fault for stooping to your level.... - 10/03/2013 01:42:26 PM 723 Views
i'm not going to keep going in circles so i will finish with this.... - 11/03/2013 10:08:53 PM 1069 Views
No loss. - 13/03/2013 04:37:41 PM 664 Views
"Rah! Rah! Rah!" Can we please cut out all this blather and bile? - 05/03/2013 11:53:41 PM 739 Views
spoken like a true enemy of the state! - 06/03/2013 12:54:38 AM 711 Views
Re: spoken like a true enemy of the state! - 08/03/2013 03:04:37 PM 766 Views
I was not trolling, but clarifying. - 11/03/2013 09:53:48 PM 787 Views

Reply to Message