Mike Coslo wrote:
bb wrote:

Mike Coslo wrote:

N2EY wrote:


In article 7stNd.29333$xt.17700@fed1read07, "Caveat Lector"



writes:



"N2EY" wrote in message
...


In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector"

writes:


Oh gee -- the USA ARS License numbers are decreasing about 2%
in

5

years


Lessee...4,812/699,580.... Actually it's less than 1% loss in a

little

under 5 years!


At that rate in 500 years, we will be a dead dodo (Ain't

statistics

wundeful wunderful?)


Yup. How about this one: If a number decreases 2% every 5
years,

it will

be down to just about half the original number in 170 years.


Gawd we are doomed


Yeah!



Suggest you young pups and baby boomers start worrying about your

Social

Security rather than the demise of Amateur Radio in 170 to 500

years or so

(pick a decline stat)


I decided a couple decades ago not to depend on SS for retirement.

If I get

something from it, great. But I'm not counting on it.

SS is not a retirement plan. It is a mistake to count any money
from

it

a a given.

But I do have a few questions about privatized SS.

What happens if the Stock market tanks the month before your
retirement?


Must your IRA all be in the market? Retirement investment must
include
safer places to park your money.

Look at the Federal retirement system.

Look at your state retirement system.

Look at your teacher's retirement system.

Is is all in the market?

Is it all out of the market?

Or is it a balance of the two?


Greed, that potential bad character that we have tapped and used for

good in out semi capitalist system, is an almost irresistible pull on

some people.

I'm sure that greed doens't exist in semi-socialist sytems, so why
don't we just get it over with and switch?

I know quite a few people who during the mid to late '90's were so
impressed by the stock market goings on, that they put all or most of

their retirement investments in risky, high yielding investments. A
couple invested exclusively in Tech stocks. Guess how much money they

have today? (answer - not a whole lot) They won't be retiring early
*or*
soon.

Were those retirement investments outside of a conventional pension
plan?

On the other hand, I was very careful with my retirement
investments,
and didn't lose anything. All I did was take a hit in my earning
rate.
Until the bubble burst though, Len wasn't the only person that thinks

I'm a dimbulb!

Aren't you a University of PA employee?

Just how much control do you have over your state employee and school
employee retirement funds?

What are the politicians going to raid for extra money?

- Mike KB3EIA -


They'll start running drugs again. Americans love drugs.

HOWL!

Just an idea. I'm sure it's never been tried before.