Posted on 06/07/2019 4:12:56 AM PDT by Kaslin
Forget Jackson...see #12
if you look, you will find many articles about how pension funds should be used for unreliable “renewable” energy, all in the cause of stopping of gloBULL warming - lol.
the ultimate aim of the warmists is to get hold of as much of the world’s pension funds as possible.
2 Jun: Japan Times: Japan must exit coal
by Jan Erik Saugestad, CEO of Storebrand Asset Management
To catch up, it would do well to take a cue from Norway, which, like Japan, has a world-leading government pension fund with assets exceeding $1 trillion.
Norway’s finance ministry has announced that it will divest $4 billion more from coal assets, which it began dumping in earnest in 2015, and that it will invest up to 2 percent of its global portfolio, or over $20 billion, in solar, wind and other renewable projects…
Rather than allowing Japan to be left behind, the Government Pension Investment Fund should pursue a similar course. Given the size of their pension funds and the reach of their international connections, Japan and Norway could help to drive change in energy policies worldwide…
https://www.japantimes.co.jp/opinion/2019/06/02/commentary/world-commentary/japan-must-exit-coal/
“He doesn’t trust what congress will do 30 years down the road.”
He shouldn’t. And neither should we.
L
401’s are racist anyway. That’s what my betters tell me
Yeah, for the time being. Politicians say “401k” but really mean all retirement assets including IRAs.
It’s not enough to disagree; libs, et al, want to control, suppress & villify anyone who has a different opinion, idea, focus or believe. They are intolerant, which makes them toxic, as in destructive & harmful to others & the environment as they want it their way no matter what the proof and the reality actually is.
Exposure would have no impact on them. They don’t care who knows.
MUST-READ BUMP
I listen to Rick Edelman on the radio. He prefers regular IRA’s to a Roth. A Roth is 2 in the bush as taxes have been paid already. I disagree but he has a point. He doesn’t trust what congress will do 30 years down the road.
However, don’t you think its next to impossible for the gov’t to solve the national debt/SS trust fund problems, which means they’ll continue to print more money to service the debt. Over time, this devalues the dollar, and requires you to pull more money out to keep the same lifestyle - A hidden tax increase.
Another alternative to the ROTH is permanent life insurance, as it avoids IRS reporting entirely if used properly. Not whole life though.
Example: Ban all assault weapons! Trouble is, who defines what an "assault weapon" is? In their minds, it's ALL firearms!!!
When we have a conference call with him we review the new companies he has bought and tell him that we don't want to be invested in "political" companies. So Starbucks is out, so is Google, Facebook, Netflix and Wells Fargo and Citi, any company that even begins to get political and is buckling under left wing pressure, we tell him to sell our shares immediately!
At least they are getting bought. In the Microsoft days they just stole all the new technology embedded it into Windows, (which was stolen too) and say to the little coder, sue us!
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