hankthecat

3 ms·

1. 1.▲
   by hankthecat 1y ago

   Private banking basically means high net worth wealth management. Includes banking, investments, lending, etc.
2. 2.▲
   by hankthecat 1y ago

   Much more than you would think
3. 3.▲
   by hankthecat 1y ago

   This is somewhat funny to read because if you were a JPM(chase) Private Bank client you wouldn't have any of these issues (zelle works, you can deposit checks, pull from any/all ATMs).
4. 4.▲
   by hankthecat 5y ago

   I mean 80 billion in 2007 dollars would be $100 trillion today. So 4.5 billion today is obviously a lot less money using your example. you need to adjust for inflation if you're going to use a valuation that is 14 years old.
5. 5.▲
   by hankthecat 6y ago

   dropping interest rates had everything to do with it. the 10yr treasury was at 6% in 2010 and now it's at 1.15%. your TIPS did well because rates dropped. Also those are mostly paper gains unless you sell... fyi the "all weather&q
6. 6.▲
   by hankthecat 6y ago

   for whatever reason different names on credit cards slip through the regulatory cracks but the name linked to a bank account will not. the AML/KYC process is more regulated. frankly i think you are being a bit unreasonable given it&#x2
7. 7.▲
   by hankthecat 6y ago

   agreed the sticker is a big part of it. Although I will say a super loud alarm going off will probably scare way some people and the police do eventually show up if you have monitoring. If I am away from the house for weeks on end that is n