In Retirement, Do You Prefer Exposure to Dollars or People?

“Rather than investing in buildings, I want to invest in the people working in the buildings.” That’s a paraphrase of investor David Bahnsen.

Bahnsen’s comment comes to mind when thinking about retirement, and particularly the Social Security portion of retirement. Would readers prefer that their at least legally mythical (see Flemming v. Nestor) Social Security accounts funded with monthly paycheck withholdings be exposed to dollars, or people?

At first glance, the answer seems obvious.

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