- Aug 10, 2009
- 168,037
- 16,519
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- Banned
- #101
Foisting a huge Ponzi scheme on them isn't "protecting" them.
Look up "ponzi scam." You are so simple.
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Foisting a huge Ponzi scheme on them isn't "protecting" them.
I think it was Brazil who gave those on the SS the choice of investing or staying with SS.
Those who invested make out way better than those who stayed with SS.
There are all kinds of thing you can invest in with your money. The stock market? Nope. I'd stay away from that. To dicey. There are lots of other venues in which you can invest and make money.
oddball
And others who are critical of SS and/or the stock market - what do you invest in? What is your retirement plan?
Why is it that none of them ever answer that simple question?
Foisting a huge Ponzi scheme on them isn't "protecting" them.
I have no problem with letting people manage their own retirement money. However, the default option should be a defined contribution fund managed by professionals.
How many of those lost all or most in 1998 and 2008?
I was referring to the fantasy that you are some multimillionaire.Walter Mitty was a fictional character. I'm very real.
Among those with a balanced portfolio of stocks and bonds, very few.How many of those lost all or most in 1998 and 2008?
Why would anyone bother? Anyone on some message board who makes as much effort as you do to constantly boast they are worth millions and millions is very likely full of shit, so I've concluded you are full of shit.And yet you can't disprove any of my posts.
BWHAHAHAHAHAHA!!!!!
Yeah, right. I know I would be posting on this two-bit forum if I had $220 million!
And yet you can't disprove any of my posts.
He's the forum Walter Mitty, he specializes in being a pretend business executive.
Walter Mitty was a fictional character. I'm very real.
I was referring to the fantasy that you are some multimillionaire.
Among those with a balanced portfolio of stocks and bonds, very few.
If you're 60/40 and the stock market drops 50%, while bonds go up 7%, you've still got 73% of your portfolio.
Why would anyone bother? Anyone on some message board who makes as much effort as you do to constantly boast they are worth millions and millions is very likely full of shit, so I've concluded you are full of shit.
I don't care whether you want someone to prove it or not, if you want me to think otherwise then you prove it. Since that ain't gonna happen we're going to have to agree on where we stand: you constantly claiming you are rich and me thinking you are lying.
I also can't prove that bigfoot doesn't exist.
For all we know, you're a bot posting on this forum.
And you can factor in stocks going back up, and factor stocks having been bought for cheaper in the years leading up to the crash, blah blah bottom line someone with a diversified portfolio probably didn't lose most of their money in the dotcom crash or great recession.Then you have to factor in total investment loss since you've lost a percentage that is no longer making monies.
You can't prove I'm not an astronaut who sings operas and once beat up Chuck Norris, which is about the same likelihood of you being the megamillionaire you constantly boast about.The fact remains that you can't.
I also can't prove that bigfoot doesn't exist.
Why would you want too?
And you can factor in stocks going back up, and factor stocks having been bought for cheaper in the years leading up to the crash, blah blah bottom line someone with a diversified portfolio probably didn't lose most of their money in the dotcom crash or great recession.
You can't prove I'm not an astronaut who sings operas and once beat up Chuck Norris, which is about the same likelihood of you being the megamillionaire you constantly boast about.
Precisely. Why would I waste my time trying to disprove any of your grandiose bullshit claims?
Precisely. Why would I waste my time trying to disprove any of your grandiose bullshit claims?
Because you can't.