"First Post" wrote in message
...

Even if it is sitting in a bank savings account it is invested.
Seems one of the problems with the liberal mentality is very few of
you financially illiterate doofuses actually know what investing is.


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You haven't been out much lately, have you? Bank savings accounts, and that
includes CD's and IRA's, are not an investment. They don't even keep up with
rising prices or the devaluation of the dollar. Best I've seen even for an
IRA in about two years is around 2.5%. Savings doesn't even make a full
percentage point. Interest on a checking account is a joke, and not even a
funny one... in the 1/100ths of a percentage point.

Most pay between 6 and 25% interest on a credit card, the lucky ones at the
lower end. But you can barely earn a small fraction of that on what YOU give
to the bank.