[Rhodes22-list] John Shulick - I draw a distiction

[Rik Sandberg]

John,

Ironic?

Not sure what privately held SS accounts must have to do with the stock 
market. Yep, GWB seemed to want to encourage people to invest their 
savings there .... doesn't mean one would have to do it that way.

Sorry for your loss, glad it wasn't as bad as some.

Rik

"There is no such thing as luck. There is only adequate or inadequate preparation to cope with a statistical universe." ... Robert Heinlein



John Shulick wrote:
>
> Been telling people for a while now, (since '06) the stock market IS NOT 
> a savings account .... How many do you suppose took me seriously up 
> until about a year ago?? Ooops, too late.
>
> Rik,
>
>  Don't worry in Sept 07 I re-structured our 401k in anticipation of the
> deregulation meltdown and am down only 15% overall so I personally feel
> pretty good compared to the market. But I do find your words ironic in light
> of conservatives desire to eliminate Social Security for private accounts.
> (by the way weren't 401ks' and IRAs' the answer to the SS issue circa
> 1980s')
>
> sincerely,
>
> John Shulick
>
> "Notice to all employees, the beatings will continue until company morale
> improves. 
>  Thank you
>  the management"
>  
>
>
>