Posted on 10/01/2016 7:14:52 AM PDT by LouAvul
See my post #20. We’re on the same page.
Don’t worry Folks,Legislation has already been Passed and Signed into LAW to Save the Financial System(Casino).
New Law Would Make Taxpayers Potentially Liable For TRILLIONS In Derivatives Losses
She is such an idiot. We all thought maybe she might work out, but no.
Yep - we’re among the lucky ones who not only planned but are able to “suck it up” a little as things head south.
He said all “money interest”...not market or stock investment interest..as in banks.
Any fund you invest in eventually needs the means with which you can convert them into some type of cash or funds to live on...and the value of such a fund depends on what the investment object is worth for someone to want to buy it for you to get cash with it. Even a fund such as yours is vulnerable to macro economic shocks, market values, and the inflation rate. No investment gimmick is a perpetual money making machine!
Your economic instincts sound Communist
The Federal Reserve serves as the Federal Govt’s taxpayer arm of crony capitalism for the Wall Street interests. Taxpayers continue to subsidize Wall St risk where oligarchs get rich enough to corrupt and buy our politicians with their pocket change.
Oh, wait...
So you can see, a little interest income would have been very helpful to me. I don't fully understand why the government is doing this to savers like me, that Obama has denied us interest income and Obama has denied us a COLA in three of the eight years of his presidency, but the Lord God Almighty hears the cries of his people for help as we cry out to him for fairness and justice.
In the current worst economy in a century, houses STILL cost 3.5APR percent. That is 65% more. Why? Who gets it?
Foreign banks (and fat govt) get that free money. Even in a mild upbeat economy, YOU will have bought TWO homes instead of one.
Who gets that new home? Money is an INVOLUNTARY contract. Foreigners get that free money and buy up your nation’s assets for CHEAP.
FREE CHEAP businesses, cheap stock, cheap farmland etc.
while YOU pay much more than FULL PRICE. People have no clue how bad they get ripped off.
Banks evolve from public to private and back. When the money system is private, YOU get ripped off. YOU bought assets multiple times while privileged private bank holders, get assets cheap. Ignorance of the hidden economy is bliss.
Actually not, a proper retirement plan would hold plenty of low cap stocks, UNHARMED by low interest rates.
A retirement plan damaged by low interest rates, did poor investing. That is a plan based on worthless paper money, or a union pension based on unsound investing or a govt pension based on false promises.
Folks had a lifetime to learn retirement investing. Willful ignorance has nobody to blame but themselves.
Govt printing of fake money killed retirement plans. QE1, QE2 ... QE scr*w you again. When Govt maximizes their profits, the people lose.
-—Bullsh*t....All money interest should be 0%.——
What type of progressive utopia do you live in...
It’s really simple. The banks can borrow at .5% and are giving out rates as high as 30% on credit cards. The Fed is allowing banks to make money at usury rates without so much as a squeal from anyone.
“Folks had a lifetime to learn retirement investing. Willful ignorance has nobody to blame but themselves.”
Many would like options aside from the stock market (aka as a retail investors suckers play) that is manipulated by a relatively few insiders like Goldman and the Fed, and Mevinsky’s and Clintons who all feed information back and forth and take advantage of weak hands when insiders shake the apple tree. When the Fed finally raises rates again those insiders will have known in advance.
Interesting article on this in Breitbart. http://www.breitbart.com/national-security/2016/10/01/state-department-admits-lost-clinton-foundation-email/
The Fed understood that demographics of an aging boomer population wanting safe income would put increasing stress on the equity markets post 2005. Boomers retiring would be reallocating out of equities into fixed income. The only way to prevent this new overhead pressure on the stock market was to keep fixed income unattractive by low interest.
Secondly the enormous debt load that the government created by mismanagement and corruption needed a crutch of artificial low rates. The government should have allowed the banks to go bankrupt in 2009 where all equity by shareholders and management was zeroed out. New banks could have been initially recapitalized by govt and then made public through IPOs. Instead the government rewarded the incompetence and the Fed QE’d the stock market.
Oh, you got me. Been a secret Communist my whole life. I hide in my closet. lol
Option 2 is you do not understand how economies work.
What were the interest rates during the high growth years of America?? 7% 12% 15% ??
Nope. Those high rates are the product of a corrupt, involuntary Federal Reserve System. If your retirement is dependent upon high interest rates, you LOSE.
A stock can pay out in price/value increase or dividend increase, the equivalent of interest paid.
The ONLY real valuable investment is small cap stocks. There are other ok investments eg real estate. Avoiding high value investment and depending upon false promises of other’s money, or Social Security, or high money market rates and low inflation,
... is a loser’s retirement disaster.
Unfortunately, over that last 100 years, investment education is dismal across the land. The private banks and US Govt, have ripped off retirees and there is NOTHING you can do about. Accept diminishing returns as Obama printed $Trillions of worthless Fed Reserve Notes.
The best you retirees can do is pay off your mortgage, because if the US Govt bankrupts, quits paying Social Security, you lose your home also, homeless not just interest rate poor.
I watched Too Big To Fail last night and was thinking how small that bubble was compared to the one we have now. It is a giant worldwide Ponzi scheme that keeps paying off for a few while ripping off everyone else.
Yep, it’s killing me. I’ll have to work till I die.
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