
12-15-2016, 02:10 PM
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Quote:
Originally Posted by Guest
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.
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Well, we do agree on one thing; you are deplorable. You're also a little bit slow. I wasn't commenting on the stock market. Republicans sell the "trickle down" economics as a way of adding jobs. If the rich get tax breaks they will invest their savings back in to their business and create more jobs. The new jobs would add to the tax base and pay for the tax breaks for the rich. The problem is it has been shown the rich didn't invest in creating new jobs.
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