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Originally Posted by Cynthetiq
Sure and I would also wish that I had a Porsche 911 GT2 in my parking garage with the requisite buxom blonde mistress.
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That's a social security program we can all get behind.
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Originally Posted by Cynthetiq
But I'm dealing with reality based information. All the contributions you make to the investment vehicles I mentioned all outperform SSI if people are attentive to their holdings. Nowadays, there are many retirement funds that are pegged with proper aggressive holdings based on retirement date minimizing the risks.
Just because I'd like something to be "recession proof" doesn't mean that because it's private means it isn't or can't.
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The risk of having a recession or inflation damage your investment is there when your investments are private. Social Security is supposed to be an investment without those risks.