Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2011 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available
MarketTicker Forums Single Post Display (Show in context)
User: Not logged on
Top Login Control Panel FAQ Register Logout
User Info Oh Do Come On Friday; entered at 2007-12-02 13:39:26
Bozonian
Posts: 19223
Registered: 2007-09-01 Saratoga Springs, New York
What's the probability that "protected assets" like 401k might be a liability? What I'm saying is, Congress saying, "If you have a 401k, you don't need social security. So your benefits are going to be cut".

Why not borrow from the 401k and invest in foreign utility companies or something paying enough dividend in a foreign currency to maintain your 401k debt to yourself and still be protected from the U.S. government's "solutions".

I'm leary of anything that simply requires a government wave of the hand to be changed.

Last modified: 2007-12-02 13:40:37 by bozonian

2007-12-02 13:39:26