Thread: Amazon making less than you think
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Old 02-10-2015, 07:02 AM   #17
pwalker8
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Quote:
Originally Posted by DuckieTigger View Post
That is rubbish. When you buy a bond or leave your money sit in a savings account, you are literally selling / lending out your money short or long term. You are providing a service to the bank / investor so they have cash to burn. And for this service you should be reimbursed, and you are by earning interest. Read, you actually earn it. If you invest in the stock market, you don't earn anything. You are gambling. Plain and simple.
Well, that's certainly a unique definition of earn. Investing, buying bonds and having a savings account are for the most part the same thing. In each case, you give someone else the use of your money with the hopes of getting more back. It's all a gamble. Bonds are defaulted on all the time. Banks fail. I recommend Sowell's Basic Economics to you. It's even in ebook.
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