SFGbob
New Fish
If you invested $100 in the S&P 500 at the beginning of 1980, you would have about $11,675.29 at the beginning of 2021, assuming you reinvested all dividends. This is a return on investment of 11,575.29%, or 12.10% per year.[/i][/b]
Now add up every dollar you've paid into SS along with your employer's contribution and then do the math providing for compound interest. Even a middle class person would have millions in retirement and you'd also be holding a tangible asset you could give to your family when you died.
Now think about what you could do about encouraging home ownership if you allowed people to use that money for a first time home purchase. What would happen if you did the exact same thing for healthcare? Make people invest a small percentage of their earning in a simple index fund when they are young and healthy and then let them build that for their entire working life.
But that's not the system that Dazzler and the leeches he votes for wants. That system wouldn't encourage dependency on the government. That system would encourage people to be in favor of a healthy fiscal and investment climate that would encourage growth.
Now add up every dollar you've paid into SS along with your employer's contribution and then do the math providing for compound interest. Even a middle class person would have millions in retirement and you'd also be holding a tangible asset you could give to your family when you died.
Now think about what you could do about encouraging home ownership if you allowed people to use that money for a first time home purchase. What would happen if you did the exact same thing for healthcare? Make people invest a small percentage of their earning in a simple index fund when they are young and healthy and then let them build that for their entire working life.
But that's not the system that Dazzler and the leeches he votes for wants. That system wouldn't encourage dependency on the government. That system would encourage people to be in favor of a healthy fiscal and investment climate that would encourage growth.
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