Friday, July 15, 2005

Social Security seen on hold until fall - Financial - Financial Services - Economy - Bond Market

Social Security seen on hold until fall - Financial - Financial Services - Economy - Bond Market

BUY-BUY-BUY!

The fact that the public is so negative toward the stock market that they are willing to accept 2% returns in Social Security is a buy signal! The depths of the fear that lurks in the hearts of men is worse than even the Shadow knows.

It must have been close to thirty years ago when Buffet said that there are two emotions that drive the market--fear and greed. He went on to say that the whole secret to successful investing is to be greedy when others are fearful and fearful when others are greedy.

The majority of young Americans believe that they cannot count on social security to be around when they retire. I believe they are wrong. Social Security will be around but the size of the account is what matters. The size for each individual will be smaller if the funds continue to be invested in t-bills.

Anyone who looks at the facts objectively will conclude that individuals would be better off if their Social Security funds were invested long term in stocks versus treasury bills. The fact that sentiment is so negative to the market is a strong buy indicator.

Ironically, after the market has done extremely well, there will be pressure from the public to change the system.

BUY THE BULL NOW! YOUR SOCIAL SECURITY WILL BE WHAT THE POLITICIANS SAY IT WILL BE. IN THE MEAN-TIME, MAKE SOME REAL MONEY!

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