WHY DUMPING SOCIAL SECURITY
INTO THE STOCK MARKET IS A BAD IDEA
and why 401ks are a shaft

Revealed: the great stock market swindle

From the London Guardian:

Shares rose at a real average annual rate of just 0.2 per cent during the first three-quarters of the century, even worse than the previous century's trend. During the euphoria of the 1990s, some commentators claimed that twentieth-century stock market statistics were misleading because of major drops in 1928-32 and 1972-74. According to them, one should ignore these two oddball sell-offs for a truer picture of stock market profitability.

The bear market of 2000-2003 eroded support for this theory. In fact, if you take a step back and look at the big picture, the recent downturn reminds us of the existence of a remarkably consistent long-term trend. The simple truth is that stock market prices do not rise all that much over the very long term. Periodic catastrophic declines that destroy years of accumulated profits are the norm, not the exception.

Never trust corporations, especially with your money. Click here.

Thanks to J. Orlin Grabbe.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$