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Money and Finances
Reply to "Where do you bank if you have a high net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My ML broker does essentially anything I need: contest a credit card charge, overnight something to me, waive a charge, etc. makes it very easy for me. [/quote] And you have no f'ing clue how much you are overpaying them. Do all of you clueless people belong to the same club?[/quote] Yes, lol, lots of clueless people here. And it goes so far beyond overpaying people -- there is such a good chance that they are overpaying people who don't even know what they are doing. [/quote] But you shouldn't swear at them. It's the trickle-down economy ;-) They're giving work to the little people. And in general, I have to say that the DC area isn't known for its financial market savvy. I'm surrounded by earnest intellectuals in my local friends and neighbor groups, all experts in their respective fields... and none of them know how to invest for themselves. They're bleeding money with all the wrong decisions they've made, but they don't even know it. And I don't presume to tell them what to do with their money. When asked, I just tell them what I'm doing. They look at me with fright. Apparently selecting individual stocks and not bothering with a financial advisor is a[b] bRidGe tOo FaR.[/b] [/quote] And here is another of the trolls who does the weird lower and upper case spelling. Well into the beer by now.[/quote]
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