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Moneyguy1 Moneyguy1 is offline
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
How do you gurus suggest changing the "live only for today" mindset of the average American?

I have been wrestling with this for years one client at a time. Maybe I change an individual's behavior here or there, but so few it makes little difference.

There is a dichotomy out there, folks...people want smaller less obtrusive government, but at the same time want government to "take care of them". Don't fool yourselves into thinking it is any other way.

And what will be the "cost" of federal oversight of a privatization system? A lot of us in the financial business look at it as a potential license to steal.

Work up a Lotus sheet on the potential earnings over twenty years of 4% of your annual salary and tell me what you get and at what assumed rate of return you are using.

Smoke and nirrors, like I said earlier, a way of deflecting attention away from other more pressing issues.
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Bob S. former owner of a 1984 silver 944
Old 02-21-2005, 11:27 AM
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