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Reply #28: Anyone who knows anything about our market economy [View All]

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Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
visceral Donating Member (22 posts) Send PM | Profile | Ignore Thu Feb-03-05 11:15 PM
Response to Reply #23
28. Anyone who knows anything about our market economy
knows that it is cyclical. There will be ups and downs. But social security was meant to be a long-term investment, most workers aren't eligible to start withdrawing, on average, until 30-40 years after they begin paying in. I challenge you to find ANY 30-YEAR PERIOD IN HISTORY when the Market Index did not rise SIGNIFICANTLY (20% return in the past 30 years just as an example). YOU CAN'T cite an example.
Anyone who invests in the market and leaves their investment untouched for 30 years while making regular contributions will see significant returns. History is on your side, IT HAS NEVER FAILED TO HAPPEN.
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