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Welcome to SportTrac.Org
Off Topic Discussion
The road to recovery at last
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<blockquote data-quote="Tom Schindler" data-source="post: 827146" data-attributes="member: 56140"><p>Very true. What if you were ready to sell because you had to. Now you are screwed.</p><p></p><p></p><p></p><p></p><p></p><p></p><p></p><p>Small investment, small gains. If you invested 1% of your SS into an account and it gained 100%, you only got 1% extra.</p><p></p><p></p><p></p><p>So, lets place this in some simple terms. You were to get $1,000.00 a month. With a 1% gain, you would have $1,010.00.</p><p></p><p></p><p></p><p>Big spanking deal. The only winners would have been the investors that would take thier cut on your money and you would benefit nothing in the big picture.</p><p></p><p></p><p></p><p></p><p></p><p>Tom</p></blockquote><p></p>
[QUOTE="Tom Schindler, post: 827146, member: 56140"] Very true. What if you were ready to sell because you had to. Now you are screwed. Small investment, small gains. If you invested 1% of your SS into an account and it gained 100%, you only got 1% extra. So, lets place this in some simple terms. You were to get $1,000.00 a month. With a 1% gain, you would have $1,010.00. Big spanking deal. The only winners would have been the investors that would take thier cut on your money and you would benefit nothing in the big picture. Tom [/QUOTE]
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Off Topic Discussion
The road to recovery at last
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