From: fjmccall@gmail.com   
      
   "conway caine"  wrote:   
      
   >   
   >   
   >"Fred J. McCall"  wrote in message   
   >news:08m19alke9s3s0kvcb45mrk1vgvqplk31l@4ax.com...   
   >"conway caine"  wrote:   
   >   
   >>   
   >>****Well, it did blow a big hole in our 401K savings. It did not touch   
   >>federally insured savings accounts. It wasn't just Wall Street involved in   
   >>that debacle.....   
   >>   
   >   
   >Investments (like 401Ks) are not 'savings'.  That's why they're called   
   >'investment accounts'.   
   >   
   >****Technically speaking, you are absolutely correct. But most folk with   
   >said accounts do consider (and call them) retirement savings. And it is   
   >possible to have 401Ks invested in CDs, which are, of course, federally   
   >insured savings accounts.   
   >   
      
   Calling a tail a leg doesn't create any 5-legged dogs...   
      
   When you invest for growth there are risks.   
      
   --   
   "Some people get lost in thought because it's such unfamiliar   
    territory."   
                                         --G. Behn   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)