Money Matters

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Originally Posted by Schneed10

Yes exactly. Privatizing social security is a brilliant idea. Too bad dumbass George W is too much of a moron to convince anybody.

People are resistant to privatizing it because they A) they view the investments as too risky (which is retarded, it would be mostly US Stocks and Bonds) and B) the financial literacy in this country is retarded. Hardly anybody understands the power of saving money and managing it properly. Personal budgeting and personal finance should be a required course in high schools.

Enough political venting. We're here to share knowledge in a judgment free forum. You hear business people say all the time that "time is money." They're right. So if you take your money, and you put it to work over time, you end up with a lot more money. Pretty much that simple. The earlier you start saving, the better off you are.

Bush did not stand a chance with all the organizations, media, democratic party, AARP ect.. which went on a media frenzy to scare people from the idea. Even if you only used CD's to save money it would do better than SS. I agree with that financing should be required in high school.