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Old 06-30-2004, 04:10 PM   #3379
Mmmm, Burger (C.J.)
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Location: Pop goes the chupacabra
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Scary Hilary Quote

Quote:
Originally posted by Sidd Finch
Yeah, just imagine how well off we'd all be if Social Security money had been invested in the stock market back in 99, when the idea started getting tossed around.


(Nasdaq fifteen thousand!!! Nasdaq fifteen thousand!!! Nasdaq fifte......oh, shit.)
market timing never works. But, even on a quick gov't schedule it wouldn't have started until the most recent bottom of the market in 2001.

But are you saying that you think that each dollar you pay in SS taxes will actually give you a better return in 2040 (or whenever you retire) than each dollar you put in the market today?
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