| As a side note, what about the plan to allow people to invest their social security savings with the incentive or hope they will end up with more cash in the bank come retirement day?
Is that a plot to encouage people to shift their savings into the hands of the wealthy few who own most companies that are worthwhile to invest in? To help them to have more money to play with so they can buy out smaller companies and gain a greater monoply control over our economic system?
Would the rising cost of living make to non-effect the little percentage of earnings that might be realized via such investing?
Often people who can afford it will invest their money in art of some tangable thing that is sure to rise in value due to time. If you buy a painting that already has a high demand value that seems a safe bet, and also such an investment can be classified as your hobby and thus not subject to the same taxes as other incomes gained from investing.
I am sorry to report I do not know much about big companies or such identities investing in other companies or oppertunities. Then we have the case of Martha Stewart who invested in other companies and ended up in hot water for knowing too much (we are told). It would seem banks would have lots of insider knowledge because they can montior deposits made by different companies and their expendatures - which gives them a leg up in the art of speculating on trends.
Just some things that came to mind at this moment, you might wish to add your expert opinions. Technosoul. |