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sad: More than three in five Americans wouldn’t have money in their savings accounts to pay for...
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<blockquote data-quote="smapple" data-source="post: 1511678" data-attributes="member: 55535"><p>The presupposition here is that saving money for an emergency is somehow the right or smart move to make when the correct move would be to invest in some type of market that would accrue real interest between 7% and 12% and use the after tax gains to either reinvest or liquidate for the needed emergency. Easier said than done but "saving money" is no answer at all when the general idea is to get ahead not fall behind.</p></blockquote><p></p>
[QUOTE="smapple, post: 1511678, member: 55535"] The presupposition here is that saving money for an emergency is somehow the right or smart move to make when the correct move would be to invest in some type of market that would accrue real interest between 7% and 12% and use the after tax gains to either reinvest or liquidate for the needed emergency. Easier said than done but "saving money" is no answer at all when the general idea is to get ahead not fall behind. [/QUOTE]
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