Text 588, 32 rader
Skriven 2006-05-19 17:00:37 av John Massey (1:123/789.0)
    Kommentar till text 575 av Danny Ceppa (1:138/666.0)
Ärende: Tax breaks
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"Danny Ceppa -> John Massey" <1:138/666> wrote in message
news:16902$POL_INC@JamNNTPd...
 DC> On 18 May 06  16:57:58, John Massey got back to Danny Ceppa
 ->> Re: Tax breaks

 JM>>> Yes So-so security  should be privatized.

 DC>> When other investments are, at best, breaking even for funds
 DC>> that an average wage earner can afford?

 JM>> Not all investments are at best, breaking even, a lot are doing
quite
 JM>> well.

 DC> Many investments require far more time to massage them than most
 DC> small investors can afford.

If you plan to spend your time managing your portfolio every day, but for
the average middle class worker there are investment "packages" that are
managed by professional money management people. You have to do your
homework and find one that meets your needs.  The fees on these can be quite
reasonable, less than 1% and most will better So-so security every time.
Some Mutual funds allow you to open with as little as 500 bucks and
contribute as little as 25 dollars a month.
The problem with privatizing So-so security isn't a safe place to put your
money; the problem is the lack of finical education in this country, caused
by government schools.
If kids in high school were taught how the stock market worked instead of
say, European art history, we would bee better off.

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