Wednesday, April 04, 2007

Patience is a virtue





Bite me! Patience. What is patience except sitting around waiting on something you cannot control? Maybe you could have, but you didn't and so here you are waiting. Well I fall into that boat, again ( meaning not the first time! ); I transferred some funds from my bank, electronically to my Brokerage house. It took 1 day to leave my account at a large bank; now the LARGE broker says it will take 6(SIX) business days to have the funds clear!!! I could have carried cash to them, but it went from bank to bank! So my question is: WTF!?!

Since interest rates are low, I know what they are doing. They are holding on to the money to collect interest of my money which is illegal because we all know it does not take that long to clear from a bank. You would think I was kiting a check around the globe for this transfer which I would deserve if I could do it! But in the past, if you sent them money, you could still trade, but not today! E-trade strikes again and forces a virtue unto me. Have you had virtues forced on you? I bet you have, but remember: patience!

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