Replies to Msg. #662219
.
 Msg. #  Subject Posted by    Board    Date   
45413 Re: Clo
   clo, I have over 50k in my checking account because I will not tie it...
DGpeddler   POPE   20 Oct 2011
4:52 AM
45406 Re: Clo
   clo ...no kiddo, it is quite true. Besides that money has already bee...
ribit   POPE   20 Oct 2011
2:59 AM

The above list shows replies to the following message:

Re: Clo

By: clo in POPE
Thu, 20 Oct 11 2:55 AM
Msg. 45405 of 65535
(This msg. is a reply to 45401 by ribit)
Jump to msg. #  

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.




Avatar

DO SOMETHING!