It seems to me — particularly for these retirement-plan investors, the vast majority of whom are not particularly financially sophisticated — by far the best way is to invest in index funds.
To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
If you were to just design the perfect retirement plan, you would own the stock market or you would own the bond market. You would get all the costs or all that you possibly could out of the system....
Starting a new retirement plan for those below a certain age is something tens of millions of Americans have already been through at work.
Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.
Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate....
You use a glass mirror to see your face; you use works of art to see your soul.
But that was war. Just about all he could find in its favor was that it paid well and liberated...
The TV business is uglier than most things. It is normally perceived as some kind of cruel and...
You better take care of me Lord, if you don't you're gonna have me on your hands.
It was the Law of the Sea, they said. Civilization ends at the waterline. Beyond that, we all enter...
Reality is that which, when you stop believing in it, doesn't go away.
The Edge... there is no honest way to explain it because the only people who really know where it is...
If I'd written all the truth I knew for the past ten years, about 600 people - including me - would...
Silence is only frightening to people who are compulsively verbalizing.