Young People, Stop Paying Social Security, It's All a Trap!
Brothers, absolutely do not invest in A-shares, and stop paying social security! It's all a trap!
I just saw an article titled "Holding Over 420 Billion Yuan! Social Security Fund's Investment Strategy Revealed." I clicked on it casually.
It said:
"As a long-term institutional investor with a stable style, the social security fund's long-term holding is not just 'empty talk.' Over 200 individual stocks have been held for more than two years, with the longest holding period reaching 53 quarters.
Specifically, 44 individual stocks, including Overseas Chinese Town A and Zhongnan Media, have been continuously held by the social security fund for over 5 years. Among them, the stock held for the longest period by the social security fund is Overseas Chinese Town A, which has been held for 53 quarters since the second quarter of 2011."
I thought to myself, isn't this the long-term investment that the CCP media is always promoting? And it's a powerful national team, so they must have made a huge profit! So I quickly checked Overseas Chinese Town A, the stock held for the longest time.
53 quarters, bought 12 years ago and held until now. I looked up the price from 12 years ago. I was shocked when I saw it – it was a loss! This is the long-term investment they promote! They even introduced a series of rules to restrict short-term trading. The result is that their own national team is losing money! This is such a scam.
I then searched for the returns of the social security fund and found an article titled "Social Security Fund Loses 138.1 Billion Yuan! Can We Follow the Social Security Fund's Heavily Invested Stocks?"
This is terrifying. The social security fund manages the retirement and life-saving money of the Chinese people! Originally, the number of young people is not enough to support the aging population, and the pension is running a deficit. Yet they are losing hundreds of billions in the stock market! This is outright criminal! I don't believe they are not involved in insider trading for personal gain. Who knows how much money they've already pocketed!
Young people in China are even more miserable. Not only is it difficult to find a job, but the large amount of social security they pay after finding a job is also tossed around in the stock market! When today's young people get old, will there still be money in their social security accounts for retirement?
What's even more frightening is that after October 2024, the pensions inside and outside the system in China will be merged. Don't think this is a good thing! Previously, pensions within the system were funded by the treasury. After the merger, the social security fund will bear the cost. Do you know how high the pensions for retirees within the system are? This is a bottomless pit! It's completely pushing young people to their deaths!
Young people in China, from now on, stop paying social security! They are losing money by investing your money in stocks. After you pay for decades and get old, will you really be able to receive your pension? I think saving it in Yu'e Bao is better than paying social security!
Youth is priceless. Instead of being tricked by the CCP's empty promises and having your retirement money taken away, seize today and enjoy life. By the time you are old, the Communist Party might not even exist anymore!
Reference articles:
"Holding Over 420 Billion Yuan! Social Security Fund's Investment Strategy Revealed"
"Social Security Fund Loses 138.1 Billion Yuan! Can We Follow the Social Security Fund's Heavily Invested Stocks?"
"Countdown to Pension Merger, What Exactly Does It Mean?"