Market jitters lead to more declines as investors face growing risks | CBC News

All three major U.S. indexes — the Dow Jones, S&P 500 and Nasdaq — have dropped at least six per cent so far this month. (AP Photo/Richard Drew)

North America has been affected by a month that has definitely not been flattering since it has been very unstable for investors in the North American markets. In fact, the 3 main indices of the United States, the Dow Jones, the S & P 500 and the Nasdaq, have fallen at least six percent so far this month. While for its part, the S & P / TSX compound of Canada is not far behind with a decline of 5.5 percent in October.

Likewise, investors could face considerable risks that continue to increase.

Social Security is in a Dire Position

This statement should scare us all:

As it stands, the millennials social insurance contributions will fund the retirement of their parents’ generation and when their funding is insufficient they will have to support via higher taxes, a higher government debt load over their lifetime.

As the Spellman Report highlights, the situation is not unchangeable. We can make social security more sustainable. They suggest creating a "privatization" of social security. It's an interesting concept and something worthy of consideration.

Take a read and let me know what you think: http://thespellmanreport.com/2016/12/09/millennials-social-security-chickens-come-home-roost/