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To: Betty Jane
A thoussand dollars a year for 40 years at 10% interest will be a million dollars.

The stock market has gone nowhere for the last 5 years despite a 50% debasement of the money supply; interest rates are below the true rate of inflation.

Where are you going to find 10% a year for 40 years?

38 posted on 08/02/2005 9:30:07 AM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: AdamSelene235
It's an average over a forty year period. You have to educate yourself and buy and sell on that. It is not all that hard to do. Unfortunately, for me I'm just getting started when if I had listened I would be in great shape.

Even during the depression people still made money in stocks, if they knew what they were doing.

Oh, and my father is not some big time wheeler dealer, but he is living proof that it works.

50 posted on 08/02/2005 9:40:21 AM PDT by Betty Jane
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To: AdamSelene235

401K, Roth IRA savings etc....you will get a heck of a lot over 40 years just with 1000 per year.


63 posted on 08/02/2005 9:57:40 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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