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Old 11-10-2004, 07:47 PM  
CET
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Join Date: Jul 2003
Location: Los Angeles
Posts: 2,754
Quote:
Originally posted by swedguy
They did that in Sweden couple of years ago. A certain percentage is still in the government pension fund and the rest is private, for you to decide where you want to put it.

When this happened was pre-IT bubble burst, so of course shit load of people put their money in high-risk IT funds, and we all know what happened with those

But it's a great way for the gov to put the responsibility in your own hands. If you end up losing money, it's not their responsibility. You're on your own.

I don't like the whole thing.
Singles stock investment is not investment at all, it's gambling. Mutual funds are thousands of times less risky.
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