- U.S. Financial System Still "Fundamentally Corrupt," Kotlikoff Says: Here's How to Fix It -
- To read article or play Yahoo business video click "Fundamentally Corrupt" above.
- This is the fundamental problem that the U.S. and world Economic system is facing. Why should middle Class people invest in a corrupt system?
- The wealthy know better from having more time to educate themselves and invest in stocks that are dividend bearing and in Tax Free municipal bonds and other things they feel safe in. Even owning property is a safe long term investment if it is completely paid for and one considers always "Location Location Location" before buying.
- But most people don't have the time, money or energy to refine their investments to be as safe as most wealthy people get if they are smart enough to hang onto their investments long term and yearly at the very least beat inflation worldwide.
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Tuesday, August 24, 2010
Kotlikoff says U.S. Financial System Fundamentally Corrupt
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