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And to really blow your mind... Ive been saying That investing is a form of savings. But really there are no savings. From the perspective of a government who uses a sales tax to generate revenue, savings being merely deferred spending doesn't affect the tax over time.

I noticed you edited it... Saying savings was not taxed. Saying investments were taxed. An average American might look at his 1500 dollar paycheck for the week, he sees 300 come right off the top to go towards his IRA investment. The remaining 1200 is taxed and he sends 300 of whats ledt over...

No need to put me on ignore. You've sought this conversation out. I have a finance degree and I worked in the field for a while and got into sales in 2009 and hacked that out for a couple of years. I sold financial services and life insurance and it was hard times out there in 2009. I'm more...

Even your links say what I am saying. Where have I described saving or investing as something that is inaccurate? What have I gotten wrong? Your links say 'saving isn't the same thing as investing, let us help you decide where to put your money.' Those are the people trying to sell you...

Nonesense, if you had the value of stocks or other securities sufficient to buy your home youd have figured out by now that you can essentially swap them and not cash them out for the home. If investing were something you were doing to have your home, youd have your home. Youre investing for...

http://www.investopedia.com/articles/younginvestors/10/what-is-an-investment.asp I'm going to do more than just link a definition. Therein you'll find someone explaining all the forms of investing. What do you say the odds are that it lists savings? Banks use this money to make loans. Bank...

Of course they have a different definition. Investing is a specific kind of saving. Here is the saving pattern when you start out life. You accumulate enough cash through saving until one day you look up and realize that you've got enough liquid assets to cover any likely emergency and to cover...

You don't gain. It stores your money. You're going to take a loss in value. Inflation occurs while you get well below 1% in any guaranteed type. So to earn something people choose a different menthod to save it 'long term.' But you're not buying enough stocks to run the business. You're not...

Your savings are government insured to 200k, risk is still there, it is just much less and. It all depends on what we then call an investment, where that line is drawn. There is a continuous array of products that are just incrementally more risky. To go from a savings account to a CD to a...

You're talking about a bank account, I'm talking about a life choice. Am I going to have savings. Not how am I going to do it.

What is the purpose of savings? What is the purpose of investment? They're both saving. The differences are only because of the addition of risk and time frame and goal. Savings is simply setting aside wealth in the present for use later. Are you telling me neither a savings account, a 401k...

Investments are but a form of savings, it isn't important to me to debate those semantics though. The only way that is remotely fair if you are using pretax income to fund your savings and investment.

Savings investments... Same difference. Anyway, tell me if it isn't this way. Suppose the state income rate for you is 10%. So, 5 years ago you took 100k and invested it. It's done well and now worth 150k. You should only be paying taxes on 50k if you liquidate that. Unless you put them...

Thank you for the well thought out response. I love how just because you're correcting me you draw likes from the usual crowd that apparently didn't stop to read what you wrote. I didn't mention the things you did for two reasons, firstly those details were not necessary to my point at the...

Exactly, there are 50 different states and California leads them all in collective natural resources.

Man, California doesn't have high taxes. Their taxes are only high compared to other states. But state taxes are a fraction of what federal taxes are. California is still part of the US and its citizens pay federal taxes on top of state. The Fed taxes are historically fairly low. Therefore...

Maybe just maybe more is going on here than just taxes on rich people.

California gets all the assistance other states get from the federal government. Plus California is blessed with natural ingredients for success. California is blessed with being the center of gravity for two industries the world loves. That isn't anything socialist tendencies influence...

They wouldn't have called themselves European. We're talking about the Charley Hebdo, Paris and Brussels attackers, correc?

Agree totally.