POLITICAL WEBLOG
MY SOCIAL SECURITY
Let's take a hopeful young couple Bob and Cathy.
Cathy, a college grad and Bob has a union trade. Both are 25 yrs. old and both earning $25000.00 per year. Assuming they can increase their earnings by 3% annually, SSI annual contribution should start around $7500.00 for the couple.
Now lets say they get to control how that money is invested (with the following rules). Must be evenly divided in at least 5 of the following sectors; Dow, Nasdaq, Utilities, Transportation, Mutual Funds, Bonds, Bullion (Precious Metals), International (Only in countries that practice fair trade and fight terror that is). Then they are allowed 1 trade per sector per quarter (No day trading). Now lets say they were to end up with only a 7% return of their money! Unrealistic?
Consider the world wide economic boom this program would cause by investing into the private sector instead of the government pork. It would also allow you to build generational wealth by leaving it to your children & grandchildren.
Cathy, a college grad and Bob has a union trade. Both are 25 yrs. old and both earning $25000.00 per year. Assuming they can increase their earnings by 3% annually, SSI annual contribution should start around $7500.00 for the couple.
Now lets say they get to control how that money is invested (with the following rules). Must be evenly divided in at least 5 of the following sectors; Dow, Nasdaq, Utilities, Transportation, Mutual Funds, Bonds, Bullion (Precious Metals), International (Only in countries that practice fair trade and fight terror that is). Then they are allowed 1 trade per sector per quarter (No day trading). Now lets say they were to end up with only a 7% return of their money! Unrealistic?
Consider the world wide economic boom this program would cause by investing into the private sector instead of the government pork. It would also allow you to build generational wealth by leaving it to your children & grandchildren.
By age 50, based on the above perameters, Bob & Cathy will have $620,780.00 in savings that will balloon to well near 2.2 Million dollars by age 65! It's "their" money, it can be passed on to "their" children or done with as they choose!
IT'S MY MONEY!!!