Bank Manager Lecture - Page 2

zvez · August 5th, 2012, 07:52 AM

welll actually I was being incredibly sarcastic, but guess perhaps too subtle.

Not all muni bonds are created equal tho, pick your city carefully or you'll be stuck with wallpaper.

Quote:

Originally Posted by Quack

True, but let's not forget that the minuscule interest rates for deposits are about .2-.6%. If you look at the inflation rate I want to say its about 2%. So whatever little interest the bank is willing to pay you it will be offset by the rate of inflation. I think right now the safest places to park your money would be in municipal bonds especially if you are in a high tax bracket.

mig1199 · August 5th, 2012, 09:52 AM

Quote:

Originally Posted by Gunny Fitz

That is frigging hilarious man! Never would I think they would make a statement like that instead of saying congrats to you! Id pull chocks and switch banks. Im sure his boss there would love to know he was poking his nose in your business like that ! lol

Well, I'm a Bank Manager here in the Philippines and purchased a Panigale last May. I guess those Bank Managers dont know shit about bikes...and the Passion we bikers have with owning and riding them. Yes, I agree that, any client of the bank should switch banks once the Bank manager has that kind of attitude towards clients.

Miguel
Manila, Philippines
1199 "S" w/ ABS

jyli19 · August 6th, 2012, 12:20 PM

I have heard a saying that goes something like, "every penny is wasted if they weren't on hookers and booze."

Ducati Dreams · August 6th, 2012, 05:08 PM

"Why thank you for your concern Mr. Bank Manager, now I would like to withdraw all my funds and close my account."

Hakosuka · August 6th, 2012, 11:02 PM

You should've pimp slapped him with your cheque book!

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August 6th, 2012, 12:20 PM	#23
jyli19 Senior Member Joined: Jul 2012 From: So-Cal Posts: 346 Thanks: 12	I have heard a saying that goes something like, "every penny is wasted if they weren't on hookers and booze."

August 6th, 2012, 05:08 PM	#24
Ducati Dreams Senior Member Joined: Apr 2012 From: NM Posts: 160 Thanks: 4 I Ride: 1199	"Why thank you for your concern Mr. Bank Manager, now I would like to withdraw all my funds and close my account."

August 6th, 2012, 11:02 PM	#25
Hakosuka Senior Member Joined: Jun 2012 From: Belgium Posts: 125 Thanks: 1	You should've pimp slapped him with your cheque book!