On 9/19/2011 6:17 AM, Brenda Ann wrote:


"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.

Yes, the rich elite "investments" are into farming, ag, toilet paper,
real assets, etc. (and, of course, the homes and wealth they have stolen
and are stealing) ... all the necessary support items and properties
necessary to keep the sheeple supporting them ... and then, of course,
there are the al-gore-swine who wish to sell you worthless fears and tax
you for them ... sad, so very, very sad ... no wonder some are so
toked-out, like special dave, into bong-hitting their minds into the
either ...

Regards,
JS