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Originally Posted by Guest
This is a hot button item for me. For 8 years under Bush we kept hearing; Don't call them wealthy call them "job creators". Give the rich, I mean job creators" more tax breaks and it will trickle down to the average Joe. Ya, right. It didn't work with Bush and it wasn't because of increased spending. What did happen was the rich, sorry I meant to say job creators, took their savings from tax breaks and put it into stocks and mutual funds. Not much trickle down with the stock market.
Fool us once shame on you. Fool us twice shame on us.
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YOU HAD CHOICES TO MAKE-WE ALL DID.
You too could have, SHOULD HAVE invested money in the STOCK MARKET. FYI-I have followed a PLAN of INVESTING-SAVING at least 10% of my income over 45 years. LONG TERM stock market returns is roughly 8%.
SIMPLE TO FIGURE AT 8% YOUR MONEY DOUBLES EVERY 9 YEARS. I was an OVERNIGHT SUCCESS-IT ONLY TOOK ME 45 YEARS. In 45 years your money WILL or in your case WOULD HAVE doubled FIVE TIMES-10,000 (1)=20,000(2)=40,000 (3)=80,000 (4)=160,000 (5)=320,000.
WE ALL HAD CHOICES. I had a friend WHO THINKS AS YOU DO. He always told me I AM CHEAP AND HOW I SHOULD SPEND MY MONEY. Long story short. He always drove a nice new car. He wore a nice expensive watch, shoes etc. HE LOST HIS HOUSE TO FORECLOSURE. HE STILL HAS NOT PAID ME THE THREE THOUSAND HE BORROWED. LIKE YOU, HE VOTED FOR OBAMA AND OF COURSE HILLARY. LIKE YOU HE TRIED TO CALL ME EVIL,RACIST, NAZI. The truth, is is worked damn hard, I saved RATHER THAN SPENT. FRANKLY, I AM TIRED OF PEOPLE WHO THINK IT WAS EASY AND I OOOOOOO UUUU.
SORRY I AM PROUD TO BE DEPLORABLE-IT ONLY TOOK ME 45 YEARS TO BE ABLE TO AFFORD IT.