|
REPORT COPYRIGHT VIOLATION IN REPLY
|
|
Message Subject
|
COMMODITIES GURU JIM ROGERS:“I Suspect They’ll Take The Pension Plans Next; I For One Am Worried, And I’m Taking Preparations”
|
|
Poster Handle
|
Anonymous Coward |
|
Post Content
|
The Canadian Pension Plan is over-funded and can take a prolonged hit on the fund if the economy tanks and/or as the Baby Boomers work through the system.
A lot of the fund is invested in transportation infrastructure throughout the world.
I am not worried about my government pension and will gladly keep paying my $4K contribution each year.
Quoting: Anonymous Coward 37536239 oh really? Sorry to spoil the party. Please check gold perfomance against the canadian dollar ;) in the last 10 years good luck :) [ link to www.theglobeandmail.com] Pension plan invested in gold. And hard assets. If money became worthless a new currency is developed and the assets start raking in the new money. It is a can't fail proposition.
|
|
|
Please verify you're human:
|
|
|
Reason for copyright violation:
|
