Monday, October 22, 2007

The Irrelevant Assets

This blog is written mostly tongue in cheek. Some points may be informative. Please provide your feedback.
If you suffer from self-irrelevancy, please seek professional advice.

Hello. Last week my spouse and I applied for an investment brokerage account. We specified me as the main investor, even though I'm unemployed. The person taking our application didn't see it as a problem, probably because we've got over $1 million in assets.
When we got our reply back, we had been rejected. Apparently our desire to be able to trade options was seen as risky because I'm unemployed.
At this point I have to consider our assets to be irrelevant. My spouse makes more than the average Canadian family. I never have to work another full-time job again. Yet we don't qualify?
If being employed is such a big deal, why didn't the person say so at the beginning? Why not have my spouse sign up individually?
Always point out the relevant requirements as quickly as possible.

Regards,
Irrelevant

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