My home was paid in full by 1985. Chase bank opened a home equity line of credit account for me in1998. 2008 they sent me a letter telling me you no longer have a home equity line of credit. I had never used the equity account. I owed them nothing. Quite by accident in 2018 I discovered they never took the lien off my house title. I could not find any Chase employee to help me. I spent 2 days on the phone & got no help. I then went in person to the bank here in san diego.I was told I did not owe them any money but they did not know how to take the lien off my title but to give them a couple of days to figure out how. After more than a week of calling daily I returned to the bank, I told them I knew they were trying however in 24 hours I would file a lawsiut against them + damages. The next day they got it done. they are mxthxr fxckxrs do not go there, ever!
Tuesday, September 29, 2020
Sunday, September 27, 2020
Thursday, September 24, 2020
Wednesday, September 23, 2020
Share buying tips
It doesn't matter how Sensex performs but only how companies perform. One can see REC, ONGC and IOC doing well even today. Always buy good companies shares, avoid SIP's and instead accumulate money each year Andy buy good shares with low PE, high yield, good track record of promoters and returns to share holders, high liquidity and ignore all fund managers who buy companies with 60 plus PE, very low liquidity so that they buy and sit tight while low floating stock will give appreciation but will ..
Read more at:
//economictimes.indiatimes.com/articleshow/68556010.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Saturday, September 19, 2020
TDB to monetise gold in temples to tide over lockdown losses
What does RBI do with the Gold?
I think it will show it as its asset. In case of economic crisis, RBI will use it to pay debt (to external agencies like IMF/WB) or other nations to which India is indebted. In all means, I think that the gold accumulated by Hindus (in the temple) since a long time will be handed over to International bankers through these organizations.
What do RBI do with the gold reserves?
Back in the days, India used to pay for its imports from Reserve Bank of India's (RBI) reserve of foreign currency. Its exports were barely enough. By 1991, its imports ballooned so much that India's forex reserves touch an all-time low, enough to pay for only three-weeks of imports.
The country had to airlift gold and pledge it with IMF for a loan in 1991. This balance of payment crisis is perhaps the best example of why the RBI's foreign exchange and gold reserves matter.
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