I have a plan for an interest free investment opportunity. Here's how it works:

* A small amount of money is deducted from each paycheck to be invested--that way you don't feel like you're paying anything, because you never see it in the first place.
* Every 3, 6 or 12 months, you can cash out your share with no penalties, or you can leave your investment in longer to let it grow.
* Best of all, you pay no taxes on the investment!

How can this be? Where did I get this great idea?

I got the idea from the IRS. It amazes me to hear how excited some people are about getting a big tax refund. Sure, it's nice to get the money, but what some people don't seem to realize is that their tax refund money has essentially been sitting in a non-interest bearing savings account. They should have received all that money the year before, but because they were having too much withheld, it went to the government to hold for them until they got around to filing their tax return. And they don't get any interest on it.

So I got the idea that if people are that excited about their government sponsored interest free investment opportunity, they might buy into a similar program that was privately sponsored, especially if they could cash out more often. The program would be tax free because it wouldn't pay any interest--all the money they get out of it will already have been taxed before it went in. I accept the payments, put them into the safest and easiest interest bearing investment I can find, and whenever somebody asks for a cash-out, I check how much they've paid in and give it to them.

Ah, if only life were so easy!