You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #18: so i *know*, since 401ks didn't become a fixture until the 80s. They're a neglible part of [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-09-10 06:59 PM
Response to Reply #8
18. so i *know*, since 401ks didn't become a fixture until the 80s. They're a neglible part of
Edited on Fri Apr-09-10 06:59 PM by Hannah Bell
retirement income for current retirees.

and 2/3 of retirees get more than half their income from social security.

it's only to a small percent of the electorate that the stock market means diddly.

apparently you belong to that fraction.
Printer Friendly | Permalink |  | Top
 
  -3:55pm... DOW at 11,000.75 scheming daemons  Apr-09-10 02:57 PM   #0 
  - nice! Climbing back towards 14,000 slowly  Liberal_in_LA   Apr-09-10 03:02 PM   #1 
  - I'm getting out at 12.5  RagAss   Apr-09-10 04:22 PM   #12 
     - Just for you:  A HERETIC I AM   Apr-09-10 07:54 PM   #23 
  - Who's got anything to sell? Not me for sure.  virgogal   Apr-09-10 03:04 PM   #2 
  - Still pushing that fantasy that what's good for Wall Street is good for the rest of us?  Raineyb   Apr-09-10 03:06 PM   #3 
  - It's certainly good for all those pensioners living off their 401Ks  NJmaverick   Apr-09-10 03:10 PM   #4 
  - 1/3 of retirees have only social security. for 2/3, social security provides at least half of their  Hannah Bell   Apr-09-10 03:14 PM   #5 
  - so 2/3 of retirees are using 401Ks to live on to some degree  NJmaverick   Apr-09-10 03:15 PM   #6 
  - unwarranted assumption.  Hannah Bell   Apr-09-10 03:17 PM   #7 
     - so you claim  NJmaverick   Apr-09-10 03:20 PM   #8 
        - so i *know*, since 401ks didn't become a fixture until the 80s. They're a neglible part of  Hannah Bell   Apr-09-10 06:59 PM   #18 
  - Got A Source For That?  KharmaTrain   Apr-09-10 04:31 PM   #13 
     - most people don't have "investments". possibly you don't know most people.  Hannah Bell   Apr-09-10 06:51 PM   #17 
        - 52.7 Million Investment Households....  KharmaTrain   Apr-09-10 07:27 PM   #19 
           - SSI isn't social security, for starters, it's supplemental security income, a welfare program.  Hannah Bell   Apr-09-10 07:43 PM   #22 
  - Utter bullshit. No one sane in that age group is living off of 401ks  eridani   Apr-09-10 09:10 PM   #27 
  - No, it's great when the stock market crashes. That's great for everyone.  Warren DeMontague   Apr-09-10 04:11 PM   #11 
  - Deleted message  Name removed   Apr-09-10 09:23 PM   #30 
     - I'm confused. Who are you arguing with?  Warren DeMontague   Apr-09-10 11:22 PM   #31 
  - wall street uses a lot of people's money in the form of investment & retirement  spanone   Apr-09-10 09:16 PM   #29 
  - Hey Rick Santelli...  orwell   Apr-09-10 03:46 PM   #9 
  - There is no sound economic justification for these gains  Taitertots   Apr-09-10 03:54 PM   #10 
  - anyone who looks to DU for investment advice...  onenote   Apr-09-10 04:41 PM   #14 
  - Nearly 50% of all families have money invested in the stock market  Born_A_Truman   Apr-09-10 05:18 PM   #15 
  - i.e., a minority of households, less since the market tanked & unemployment surged,  Hannah Bell   Apr-09-10 07:37 PM   #21 
  - I got my first quarter statement today. I was happy to see the gain. nt  CBR   Apr-09-10 08:18 PM   #25 
  - The amounts invested by the vast majority are utterly meaningless  eridani   Apr-09-10 09:13 PM   #28 
  - How dare you be optimistic. That's against GD rules.  tjwash   Apr-09-10 05:27 PM   #16 
  - So?  Confusious   Apr-09-10 07:33 PM   #20 
  - It's good news.  TexasObserver   Apr-09-10 08:15 PM   #24 
  - GNMA Bonds are paying 4.5% interest usable in "real time"!  DailyGrind51   Apr-09-10 08:21 PM   #26 
  - You're making all the DUers who wanted the Dow at 5k very sad.  aikoaiko   Apr-09-10 11:30 PM   #32 
  - Why aren't the Republicans blaming Obama for that? n/t  doc03   Apr-09-10 11:53 PM   #33 
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC