Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DoughtyOne; Son House; stephenjohnbanker; sickoflibs; Liz
Put the money away and let it draw interest. Then the government won’t have to subsidize a fund, or more like it, steal from it.

The govt. will surely steal some of it via taxes sooner or later unless you go underground.

Are you thinking of a tax deferred retirement option, somethink like a 401K? It's hard to keep the govt. away from it as things are now.

I wrote in my previous post:

the megabanks are not to be trusted with retirement money

I should have added, don't trust the govt. either, but that is pretty obvious.

74 posted on 08/14/2010 6:46:23 PM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
[ Post Reply | Private Reply | To 59 | View Replies ]


To: ding_dong_daddy_from_dumas; DoughtyOne; Son House; stephenjohnbanker; sickoflibs; Liz

If you have money, put it in rental properties with at least 30% down, preferably 50%.

Anyone who trusts this current government is a jackass. Obama intends to wring the middle class dry. You can’t have a dictatorial government if there is a strong middle class. He needs serfs.

Income property can be had at bargain prices in many states, and we will never see interest rates like this again.


79 posted on 08/14/2010 6:57:57 PM PDT by stephenjohnbanker (.Go troops! " Vote out RINOS. They screw you EVERY time" Jim Robinson)
[ Post Reply | Private Reply | To 74 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson