Word: investers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Graham has forced it upon me. He excoriated the Attorney General-designate Alberto Gonzales last week for allowing the White House to loosen the rules on torture. This week, praise goes to his Social Security reform plan. Graham actually approaches fiscal sanity. He would offer individuals a chance to invest up to $1,300 of their payroll taxes per year in any of five government-approved funds, ranging from stock indexes to private bonds to government paper-or to stay in the current system. He would pay for this by raising the cap on the Social Security payroll tax from...
...Iraq, so too is he convinced that privatization of Social Security could recharge America's future. The central idea is to take a portion of the tax every worker pays into the Social Security system and put it into a savings account that each individual can decide how to invest. By turning every American into an investor, and a government safety net into a system that rewards judicious risk and individual initiative, Republicans believe they can change how Americans see every question from free trade to capital gains--tax cuts. "If we succeed in reforming Social Security, it will rank...
...learned when he visited Austin, Bush's fascination with Social Security began before he got to Washington. As Governor, his advisers say, he was struck by the experiences of local governments in places like Galveston County that had allowed their employees to opt out of government retirement plans and invest the proceeds in private funds--yielding legends of courthouse janitors retiring with $750,000 nest eggs. As Bush planned his first presidential campaign, he brought in experts to brief him on how privatization had worked in places like Chile, and even Sweden--surely one of the rare instances...
What's more, studies of how Americans invest their 401(k) accounts suggest that, given the chance to make choices, most can't even beat a basic index fund. People tend to chase last year's returns, sticking with stocks long after they have peaked, or invest too conservatively or fail to diversify. Still, there are reasons to think the public, particularly younger Americans, might be open to the idea of taking more control of their own retirement. As the New Deal generation dies off, it is being replaced by one far more skeptical about Social Security. In the TIME...
...Rogers turned investing into an international thrill ride in his books Investment Biker and Adventure Capitalist. His latest effort, Hot Commodities, explains how to invest in everything from tin to coffee--with detours into Brazilian sugar farms and Dutch smuggling rings. TIME's JYOTI THOTTAM asked him for some New Year's wisdom...