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Re: Clo

By: clo in POPE | Recommend this post (0)
Thu, 20 Oct 11 2:55 AM | 33 view(s)
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Msg. 45405 of 65535
(This msg. is a reply to 45401 by ribit)

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ribit,

"...if cap gains were that high, no one would invest in anything."

Not true, think about it, how low is the interest we are 'earning' on our savings accts, its like warm spit.
Look at the low returns on bonds.
Yet folks continue to put money in their savings accounts & folks invest in bonds.

Even at a 50% tax, the capital gains returns are higher then the savings accts & bonds.




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DO SOMETHING!


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The above is a reply to the following message:
Re: Clo
By: ribit
in POPE
Thu, 20 Oct 11 2:48 AM
Msg. 45401 of 65535

clo
...if cap gains were that high, no one would invest in anything. Not only would you be broke, but if ya managed to get some money, there would be nothing to buy on the store shelves. Folks will not work for nothing and people will not invest their money for nothing.


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