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View Diary: Social Security by the Numbers (73 comments)

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  •  Those Are Still Investment Funds (0+ / 0-)

    They carry risks. The only investments suitable for retirement are the very safest ones. As I say above you can't afford to reach 75 and have someone tell you you're out of money. Or, 65, for that matter and not have enough to invest in your annuity to get you through.

    But if you're only going to invest in the safest instruments, why pay anyone anything to manage it for you?

    Obviously, if you invest in the whole world the individual problems with one company or another would be averaged out. Unfortunately, if the whole world economy went down, so would your investment. A worldwide recession? Well, we just had one.

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