How to Invest in Long Term Investing

A professional investor would be a plumber if he brought in a three percent return. That's what you should be aiming at in long term investing. Three percent is an abject failure. But we can play this to our advantage by saying something like the following: American workers pay into Social Security from the time you start working until you reach a certain age.

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There's no way to sugar-coat it. Social Security is going to fail. There are, of course, ways to possibly extend its life for a few years, or even decades, but ultimately, like all Ponzi schemes, it will collapse. By the federal government's and the Social Security Board of Trustees' own admissions, the Social Security program will be paying out more than it takes in in just 4 years. At current rates (and assuming the federal government fully pays back the more than $5 trillion it "borrowed" from Social Security's accounts), the program will be completely out of money in about 17 years. What does this situation mean for current working Americans? Is there any way to solve this problem? Join Antony Davies and James Harrigan as they discuss this and more on this week's episode of Words and Numbers.

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Splitting up Amazon

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National pencil day

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https://fee.org/articles/why-californias-lawsuit-industry-wants-you-to-think-coffee-causes-cancer/?utm_source=FEE+Email+Subscriber+List&utm_campaign=ca27aafa08-MC_FEE_DAILY_2018_04_02&utm_medium=email&utm_term=0_84cc8d089b-ca27aafa08-107137661

https://www.cancer.org/cancer/cancer-causes/general-info/cancer-warning-labels-based-on-californias-proposition-65.html

https://www.refinery29.com/2018/04/195249/coffee-cancer-warning-label-california-starbucks-dunkin-donuts-reaction?bucketed=true

https://nypost.com/2018/03/30/de-blasio-eyes-vacancy-tax-for-greedy-landlords-seeking-top-dollar/?utm_source=facebook_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons

Topic of the week: Social Security

https://www.cnsnews.com/news/article/terence-p-jeffrey/social-security-administration-spending-tops-1-trillion-first-time