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customerserviceguy

(25,183 posts)
20. Many fund managers do suck out a lot
Sun Apr 14, 2013, 07:03 PM
Apr 2013

And you get nothing for it, as their wild-ass guesses are no better than the low-fee funds. My money market fund has an expense ratio of only 0.16%, so I'm not troubled by that. When interest rates go back up again, I'm hoping that they will find good safe places to make up some money. In the meantime, the money that comes out of my paycheck is probably safe.

If you happen to work more than 35 years the lower years are dropped on determining your Thinkingabout Apr 2013 #1
Good idea. But they make the laws. How do we get our points across JDPriestly Apr 2013 #2
I am not in good shape in my Congressional members, Crazy Cruz, Cronyn and TP Thinkingabout Apr 2013 #4
Are you a member of your local Democratic Club or Party? JDPriestly Apr 2013 #12
K&R woo me with science Apr 2013 #3
SSI kickysnana Apr 2013 #5
They have eliminated all new section 8 and meals on wheels. JDPriestly Apr 2013 #8
The old saying, "The Devil is in the Details" becomes quite NobodyInParticular Apr 2013 #6
There's no real money there to steal customerserviceguy Apr 2013 #9
This is precisely what they want. JDPriestly Apr 2013 #13
Oh, yes, the interest rates stink customerserviceguy Apr 2013 #17
Good for you for saving. Most Americans do not earn enough JDPriestly Apr 2013 #29
I did the same thing. airplaneman Apr 2013 #19
Many fund managers do suck out a lot customerserviceguy Apr 2013 #20
That's not what they are looking for. They are looking to get the new FICA Cleita Apr 2013 #27
You are so right, Cleita. JDPriestly Apr 2013 #30
Exactly. And that is why this is rightfully a very emotional issue for JDPriestly Apr 2013 #10
K&R nt abelenkpe Apr 2013 #7
If I got that much, I would be okay. Cleita Apr 2013 #11
Are you talking about the average benefit or the high one? JDPriestly Apr 2013 #15
The average benefit. I'm never low enough for the poverty breaks even though Cleita Apr 2013 #21
It sounds frivolous to say the money would be to get your hair and nails JDPriestly Apr 2013 #31
And that would be me. I too have arthritis and it's hard for me to cut my hair or Cleita Apr 2013 #34
True. Thanks. JDPriestly Apr 2013 #35
Me too. RebelOne Apr 2013 #16
And it's really not enough to be comfortable. None of us are looking for a luxurious Cleita Apr 2013 #23
It is only the cost of living increase, not the amount treestar Apr 2013 #14
According to Trumpka of the AFL-CIO, the average amount in the JDPriestly Apr 2013 #18
isn't everyone supposed to have: airplaneman Apr 2013 #24
Oh, and a genie in a lamp that provides all those things if you Cleita Apr 2013 #26
LOL. Great post. Thanks. I needed that laugh. JDPriestly Apr 2013 #32
We're also supposed to have low cholesterol, sweet breath, and a trim waistline. Stinky The Clown Apr 2013 #36
With lower and lower wages and minimum wage not being a living wage, I don't Cleita Apr 2013 #25
You make it sound like the difference will be so huge treestar Apr 2013 #28
I hope you see that the amounts paid out each month are smaller JDPriestly Apr 2013 #39
you do realize that the cost of living increase impacts the total amount magical thyme Apr 2013 #22
My SS each month is Bohunk68 Apr 2013 #33
You are precisely the kind of senior that I am posting about. JDPriestly Apr 2013 #38
Does your state have a property tax relief program Lars39 Apr 2013 #40
It's called the STAR Bohunk68 Apr 2013 #41
Ouch! Lars39 Apr 2013 #42
My monthly Social Security check is $1378 after RebelOne Apr 2013 #44
you forgot income tax and the people that are cheated by the SS Admin.... msongs Apr 2013 #37
K&R forestpath Apr 2013 #43
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