Savings Account

[dellinger63]

Originally Posted by gales0678

while savings accounts are generally good , they are a bad investment now in this country.

the us gov't is not helping out savers at this point , they are actually destroying them.

by running huge federal defecits and keeping interest rates artifically low the gov't is penalizing savers

the value of the dollar is declinig every day and that makes your $ in a savings account worth less

my advice to you is to play the ponies and try to make some $ that way until the gov't starts to reward savers

E.F. Hutton