At what point will...
 

....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.

At what point will...
 

"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

At what point will...
 

On Wed, 19 Nov 2008 17:29:13 -0500, Boater
wrote:

...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...

Another idiotic statement from Mr. Financial Genius.

It's always been a gamble you moron.

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.

At what point will...
 

Boater wrote:
...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.
This shows a complete lack of understanding of any economic system by a
liberal. Even in a complete agrarian society, equity is stored in land.
If equity can not be converted to services, the economy fails.

For the above person equity is what you are putting in your piggy bank.

At what point will...
 

"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.

Have you heard that you can have multiple bank accounts that are all insured
to the FDIC maximum?

At what point will...
 

D.Duck wrote:
"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.

Have you heard that you can have multiple bank accounts that are all insured
to the FDIC maximum?




Gee, no, I hadn't heard that. Right. :)