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Old 06-20-08, 04:15 AM   #40 (permalink)
gunner
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Re: Should a basic personal finance class be mandtory in High School?

Quote:
Originally Posted by Scucca View Post
Risk taking is an integral part of rational economic man. The important aspect is that there will always be an inefficiently high number risking home ownership because of the fear of old age poverty. No level of education will eliminate those problems. We'd instead need to see changes to the welfare state.
My investment in property like many of my friends has absolutely nothing to do with "old age poverty". Its nice thinking i work hard for the future of my children, hopefully giving them a good start in life with some, financial inheritance. I save- and pay into a pension for my old age. O and of course my pension from doing my bit in the Army

Paul.
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