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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.27-1.4%9:31 AM EST

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To: Skeeter Bug who wrote (112871)12/17/2000 3:55:44 PM
From: Mark Fowler  Read Replies (2) of 164684
 
ohn, your right, stock market money isn't "real" until removed from the markets. that is why the negative us
saving rate is so dangerous. 401ks used to offset the negative savings. now they don't. therefore, folks have
to save even more to get where they thought they were. more savings = less spending.<<

I'll tell you why the savings rate is so poor it won't keep up with inflation. You can thank your Uncle Sam. Remember when they taxed in interest on savings accounts? End of story.
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