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For nearly two-thirds (65 percent) of elderly beneficiaries, Social Security provides the majority of their cash income. For more than one-third (36 percent), it provides more than 90 percent of their income. For one-quarter (24 percent) of elderly beneficiaries, Social Security is the sole source of retirement income
as i said millions live on ss alone. whether you or i are happy with the life they lead is irrelevant . the fact is they do it , they have to do it , and they make it work,
And as I said, you have a peculiar definition of "making it work". The fact that those relegated to trying to get by solely on SS don't die instantly isn't really much of a recommendation.
I am female ,mid age,I invest in stock market,, many chinese invest in stock and real estate...
From last year, most stock investors earned over twice profit in the stock market.
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Lol, invest in the stock market. I might buy health insurance if things continue to go well. If I do get to the investment stage, I'd be content with a savings or under-the-mattress account, and yes, I'd accept the negative return each year assuming inflation. Any investing would be in entrepreneurial projects that may or may not pan out, to the extent that I can afford to lose principal if things don't go well.
Lol, invest in the stock market. I might buy health insurance if things continue to go well. If I do get to the investment stage, I'd be content with a savings or under-the-mattress account, and yes, I'd accept the negative return each year assuming inflation. Any investing would be in entrepreneurial projects that may or may not pan out, to the extent that I can afford to lose principal if things don't go well.
Your real negative inflation is probably 3x the amount of the carefully construed Clinton=era CPI.
^^^^^^
This. And I am a believer in the random walk theory.
Why are you considering this a matter of opinion in the first place? Objective statistics show that the auto-correlation of stock returns over short and long periods are not zero, which is to say, it is demonstrably NOT a random walk.
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Quote:
Originally Posted by Ummagumma
Your real negative inflation is probably 3x the amount of the carefully construed Clinton=era CPI.
I meant to refer to inflation generally, not any particular measurement of it. The bottom line is I'll be voting with my dollars and invest in things that I am ok with investing in.
Unless I'm upper class, I think the alternative is to be stuck with second-rate brokers and second-rate algorithms, which might get some good returns for a bunch of years, but being second-rate will really suck whenever there's a downturn and my trading software executes a stop-loss 0.001 seconds after the smart money made their move.
No thanks, I'd rather keep my investments local and work a little more if necessary. Or if I want a good laugh, I could buy some CDs.
Last edited by ElectronicOverlord; 06-20-2015 at 03:26 PM..
Reason: word repeated too often
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