4 Responses to The Demise of the Savings Account is Greatly Exaggerated

  1. Nika says:

    But if the interest it is making(which is, btw, taxable as ordinary income, so that 1% becomes 0.6%) is less than the inflation (which it is), than savings account is not preserving capital.

  2. Kevin says:

    Not to be too nerdy, but don’t mess with Pearl Jam. That “fad” just celibrated their 20th birthday, are still selling out ampitheaters, and have a 10th album on the way. Also, my savings account is not what it should be right now. Oh well…

  3. jamesmcguire says:

    This is a very good article! Thanks for sharing!!!

  4. Jaime says:

    To be nitpicky, it IS preserving capital but it’s not preserving purchasing power. 😉

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