Replies

To: Sequoyah101

The correct answer it answer is that after taxes the amount will be closer to less than you started with.

Since with most people $100 is their maximum savings and they don't pay taxes the correct answer stands.

22 posted on 08/30/2014 10:38:27 AM PDT by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)

To: Starstruck; Sequoyah101

RE: Since with most people $100 is their maximum savings and they don’t pay taxes the correct answer stands.

As long as inflation is less than 2%. But is that really true?

People never, ever factor in taxes AND inflation. THAT is the problem. These are the two enemies of future income.

And yes, THEY SHOULD BE TEACHING THESE IN SCHOOL AS EARLY AS POSSIBLE.

26 posted on 08/30/2014 10:43:39 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)

To: Starstruck

Fair enough. I suppose the sarcasm was not apparent?

27 posted on 08/30/2014 10:45:17 AM PDT by Sequoyah101

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