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The New DU. Reply #7: Working the long hours that Americans work, the average person
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JDPriestly
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Sun Dec-14-08 04:31 PM
Response to Reply #2 |
| 7. Working the long hours that Americans work, the average person |
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has too little time to learn about investment. And it takes a lot of time. My husband and I have been trying.
Also, a lot of Americans don't like math, and those that don't are baffled by the charts and numbers and seeming gibberish. Learning to judge stock performance is takes time and interest and above all patience. And think how many of the Wall Street brokers broke in this melt-down.
The repeal of the regulation that requires 401(K)s and IRAs to be cashed in at a certain age should be the first item on Congress' agenda after the inauguration. It shouldn't take much time.
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