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Calif Bill Calif Bill is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,728
Default At what point will...


"Eisboch" wrote in message
...

"Boater" wrote in message
...
...America small investors realize the "stock market" is nothing more
than a casino, and look for safer and more productive places to stash
their nest eggs...

Like a cookie jar or under the mattress?

I'd like to see FDIC guarantee limits raised to, oh, a million dollars,
on a permanent basis, and see banks who participate excluded from stock
market investments, but not from those start ups that pass a prudence
test.

I think we'd see a dramatic increase in the rate of personal savings in
this country and if corporations have to find a different way to finance
their malfeasance, well, let them go for it.



WOW!

We actually agree 100% on this one.

Eisboch



Saving? Maybe not. We need to give some kind of tax advantage for saving.
When the interest on a savings account is less than inflation and then the
interest is taxed, not a lot of incentive.