Bank Manager Lecture

zvez · Aug 5, 2012

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.

Quack said:
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 · Aug 5, 2012

Gunny Fitz said:
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 .... 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 · Aug 6, 2012

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

Ducati Dreams · Aug 6, 2012

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

Hakosuka · Aug 7, 2012

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

Bank Manager Lecture

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