I'm dubious about having Social Security put into the stock market. I think that we have gotten very far away from the idea that there's something sacrosanct about retirement investments.
Ron ChernowWe really haven't had very much experience with people funding their retirement out of the stock market, and we don't know, frankly, how it would work under every scenario.
Ron ChernowMutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.
Ron Chernow