join message
Argument: Argument thesis  Social Security should not be privatized
Node type: Node refutes parent assertion  This node refutes its parent
Parent Node: Node refutes parent assertion  Market risk could be diminished through diversification
Node Text: Market risk can be diminished but not eliminated

During a market crash, such as we saw in 2000, even widely diversified portfolios lost a tremendous amount of their value. If this happens to someone who can ride it out, it will eventually recover. But we're talking retirement here. If someone had to retire in 2000 because of illness or whatever, and they needed to start using their investments as income, they were permanently damaged by the condition of the market.
Node Created: smartypants — 2008-06-23 07:43:48

Return to parent argument




Pending Arguments

There are no pending Arguments.

Create an Argument!