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To: Nick Danger
All right, I'm in partial agreement. Regarding the media coverage. Nevertheless, the stats I have seen over the years indicate that our savings rate, good times or bad, is low, compared with other nations. Still, I must say that the people I know, work with, generally save quite a bit (as far as I can judge from casual exchanges.) But the stats don't lie, do they?
50 posted on 12/20/2003 7:36:32 PM PST by Revolting cat! (Merry Shopping Season and a Happy Pre-Christmas Storewide Sales Event!)
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To: Revolting cat!
"But the stats don't lie, do they?"

Folks tend to put money where the risk is acceptable and the rate of return is the highest. Savings accounts are not the best place to stash cash. Savings accounts are for more liquid smaller sum assets.

56 posted on 12/20/2003 9:12:06 PM PST by spunkets
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