Tax Guru-Ker$tetter Letter
Tuesday, September 24, 2002
False Alarm
I have never taken seriously the concerns by the big government fans linking the stock market decline to the efforts to allow people to have some control over their retirement funds. As I have always said, and is echoed in this piece, only an idiot would put all of his/her retirement funds in high-risk speculative stocks. Practically any investment would yield a better return than the Social Security Ponzi scheme. In fact, in most cases, you could put your money under your mattress and still be better off than flushing it away with our rulers in DC.
KMK