Buffett's Bet and Social Security

[CrusaderFrank]

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity

So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?

We should demand it

 

[william the wie]

At this point Buffett has enormous diseconomies of scale and running out of businesses big enough to be worth his while to investigate much less invest in

 

[CrusaderFrank]

At this point Buffett has enormous diseconomies of scale and running out of businesses big enough to be worth his while to investigate much less invest in

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

 

[IsaacNewton]

At this point Buffett has enormous diseconomies of scale and running out of businesses big enough to be worth his while to investigate much less invest in

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

 

[CrusaderFrank]

At this point Buffett has enormous diseconomies of scale and running out of businesses big enough to be worth his while to investigate much less invest in

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

Have Bodecca read the OP to you first

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

 

[Toddsterpatriot]

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity

So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?

We should demand it

So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?

That would reduce the power of our government masters.

 

[Dont Taz Me Bro]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

 

[william the wie]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%. The average yearly return on Social Security is 1.23%

You are understating the disconnect. The normal 10 year treasury range is 3-4.5%. You could also invest SS in REITs or public utilities that have federal/state mandated payouts and beat treasury returns.

 

[IsaacNewton]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

And what risk was there for any of the funds in the Social Security fund other than elected scumbags stealing it. Income for the retirement of people that have reached 65+ years of age should never be put into the stock market. At best have an option where people up until age 40 can put half of their retirement in low risk yields, after that it is locked in.

Ask your grandmother if you can take her nest egg and go toss it on the craps table in Vegas.

 

[Ridgerunner]

Yes old people's retirement should be put in a casino trust fund.

And you trusted Al Gore's lock box didn't you?

Al Gore’s Social Security Confusion

 

[Toddsterpatriot]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

And what risk was there for any of the funds in the Social Security fund other than elected scumbags stealing it. Income for the retirement of people that have reached 65+ years of age should never be put into the stock market. At best have an option where people up until age 40 can put half of their retirement in low risk yields, after that it is locked in.

Ask your grandmother if you can take her nest egg and go toss it on the craps table in Vegas.

Income for the retirement of people that have reached 65+ years of age should never be put into the stock market.

You're wrong. Even those 65 and older should keep a portion of their portfolio in stocks.

 

[Dont Taz Me Bro]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

And what risk was there for any of the funds in the Social Security fund other than elected scumbags stealing it. Income for the retirement of people that have reached 65+ years of age should never be put into the stock market. At best have an option where people up until age 40 can put half of their retirement in low risk yields, after that it is locked in.

Ask your grandmother if you can take her nest egg and go toss it on the craps table in Vegas.

What craps table in Vegas has a 10% annual return? I live there, so I can assure you none of them do, hence I don’t quite get your comparison, but that’s probably because it’s absurd and makes no sense

 

[CrusaderFrank]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

And what risk was there for any of the funds in the Social Security fund other than elected scumbags stealing it. Income for the retirement of people that have reached 65+ years of age should never be put into the stock market. At best have an option where people up until age 40 can put half of their retirement in low risk yields, after that it is locked in.

Ask your grandmother if you can take her nest egg and go toss it on the craps table in Vegas.

What craps table in Vegas has a 10% annual return? I live there, so I can assure you none of them do, hence I don’t quite get your comparison, but that’s probably because it’s absurd and makes no sense

And she didn't bother to read the OP

 

[Moonglow]

At this point Buffett has enormous diseconomies of scale and running out of businesses big enough to be worth his while to investigate much less invest in

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

Have Bodecca read the OP to you first

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

And how much maintenance cost is part of the retirement scheme, 7%, 10%?

 

[Moonglow]

Not the point. I was saying that the Social Security "Trust Fund" should be moved into S&P 500

Yes old people's retirement should be put in a casino trust fund.

The average yearly return on the stock market over the past 90 years is 10%.

The average yearly return on Social Security is 1.23%

And what risk was there for any of the funds in the Social Security fund other than elected scumbags stealing it. Income for the retirement of people that have reached 65+ years of age should never be put into the stock market. At best have an option where people up until age 40 can put half of their retirement in low risk yields, after that it is locked in.

Ask your grandmother if you can take her nest egg and go toss it on the craps table in Vegas.

What craps table in Vegas has a 10% annual return? I live there, so I can assure you none of them do, hence I don’t quite get your comparison, but that’s probably because it’s absurd and makes no sense

After paying taxes the returns are lower..

 

[IsaacNewton]

Yes old people's retirement should be put in a casino trust fund.

And you trusted Al Gore's lock box didn't you?

Al Gore’s Social Security Confusion

Sooooo, you are actually still thinking about Al Gore and 'lock box' 15 years after the rest of humanity forgot such a thing even existed.

What is the weird thing where cons just have all things inconsequential constantly a running film clip in their brains. It is so bizarre.

 

[Ridgerunner]

Curious to whether you remember that apple falling on you head? Or was there permanent neurological damage?

 

[Norman]

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity

So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?

We should demand it

And which of the 0 dollars in social security fund would we invest?

Even if you pretend, all this would amount to is the government going in debt in order to buy stocks.

 

[CrusaderFrank]

"Warren Buffett Just Won a $1 Million Bet. In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet, but the big winner in the wager is a charity called Girls Inc...Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%."

Warren Buffett Won a $1 Million Bet, But The Real Winner is Charity

So, rather than assigning the Social Security to the absolute guaranteed to lose purchasing power US bonds, why not allow Social Security to invest in S&P 500 Index?

We should demand it

And which of the 0 dollars in social security fund would we invest?

Even if you pretend, all this would amount to is the government going in debt in order to buy stocks.

There are allegedly "assets" in the "trust fund". Those should be exchanged for equity

 

[Ridgerunner]

There are allegedly "assets" in the "trust fund". Those should be exchanged for equity