Walking on the wild side...
Aug. 1st, 2003 11:37 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
alexpgpMy anger at Citibank found a release today, when I decided to prematurely cash in one of my IRAs, which had been sitting there not doing all that much (I pulled out of the stock market long ago, except for some positions that had folded and I hadn't gotten around to disposing of, so the cash was earning something like 2% in a money market fund).
So despite the tax penalty, I figure that I'm better off eating the penalty and taxes so I can pay off the scrofulous cretins at Citibank, for two reasons. First, once I'm paid off, their fangs will disappear from my neck, thus stemming the long-term bloodletting that has been so profitable for them in the past. This goose is through laying eggs for them. Second, I can use the money that would've gone to pay their ever-escalating demands for more and more money (paid as interest and not as principal) to reduce my other debt that much faster.
May the goddess of banking fortune smile on Citibank's competitors.
Cheers...
So despite the tax penalty, I figure that I'm better off eating the penalty and taxes so I can pay off the scrofulous cretins at Citibank, for two reasons. First, once I'm paid off, their fangs will disappear from my neck, thus stemming the long-term bloodletting that has been so profitable for them in the past. This goose is through laying eggs for them. Second, I can use the money that would've gone to pay their ever-escalating demands for more and more money (paid as interest and not as principal) to reduce my other debt that much faster.
May the goddess of banking fortune smile on Citibank's competitors.
Cheers...
