A majority of Californians believe that they can do a better job of investing a portion of their Social Security payments than the government can -- even though 80 percent admit that they have little or no investing experience, according to a recent poll.

In a survey of 800 Californians sponsored by the California Society of CPAs, when asked, "How does the prospect of managing a portion of your own Social Security investments strike you?" 51 percent said that they could make better investments than the government, while 41 percent were concerned about their ability to make such decisions.

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