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Digitalbanana

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  1. I was informed at CW that they will not accept an emailed 1 year bank statement as it needs to be rubber stamped by a bank teller. Even the bank at CW would not accept their emailed bank statement when I showed it them and insisted printing their own out. OTOH, at CW one does not even need a bank statement if the bank book shows all the details with no cumulative entries, so I just show a bank book copy and bank letter only. That's my experience, others may vary:-)
  2. Numbers don't lie. Making less than 3% profit and he wants them to eat his tariffs on top!
  3. On Friday (16 May) after the market closed, Moodys announced that they have downgraded the US Debt Credit Rating from Aaa to Aa1. Will US stocks crash on Monday on this news? Previous two instances... On Aug 5 2011, when S&P downgraded US debt, the S&P 500 ($SPX) dropped 10.37% in 41 trading days. 12 months later, $SPX was up +36% On Aug 1 2023, when Fitch downgraded US debt, the S&P 500 ($SPX) dropped 10.31% in 58 trading days. 12 months later, $SPX was up +37% Go figure.
  4. Why do you say that? I have always used "long term stay" out of habit and funds take a few seconds to appear in my Thai acc.
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