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<p>[QUOTE="buyingsilvers, post: 1505359, member: 18821"]^</p><p>ALL financial assets, even cash under your bed has their advantages and disadvantages.</p><p><br /></p><p>The topic of the govt. taking control of the accounts has been around for a while now, at least 20 years. I personally do not put much stock in it. And even if they do to use in tandem with social security, the assets in it is still your money (to be doled out in a similar fashion to social security). </p><p><br /></p><p>I find the risk of lawsuit/bankruptcy during one's lifetime to be a bigger threat than government potentially controlling a portion of my assets. But I do believe the key is diversification, and that one is better off with the 5%- 10% or whatever contribution into the account than invested elsewhere.[/QUOTE]</p><p><br /></p>
[QUOTE="buyingsilvers, post: 1505359, member: 18821"]^ ALL financial assets, even cash under your bed has their advantages and disadvantages. The topic of the govt. taking control of the accounts has been around for a while now, at least 20 years. I personally do not put much stock in it. And even if they do to use in tandem with social security, the assets in it is still your money (to be doled out in a similar fashion to social security). I find the risk of lawsuit/bankruptcy during one's lifetime to be a bigger threat than government potentially controlling a portion of my assets. But I do believe the key is diversification, and that one is better off with the 5%- 10% or whatever contribution into the account than invested elsewhere.[/QUOTE]
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