A Chinese walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to Taiwan on business for two weeks and needs to borrow $5,000.
The bank officer tells him that the bank will need some form of security for the loan, so the Chinese hands over the keys to a new Ferrari parked on the street in front of the bank.
He produces the title and everything checks out. The loan officer agrees to accept the car as collateral for the loan. The bank's president and its officers all enjoy a good laugh at the Chinese for using a $250,000 Ferrari as collateral against a $5,000 loan.. An employee of the bank then drives the Ferrari into the bank's underground garage and parks it there.
Two weeks later, the Chinese returns, repays the $5,000 and the interest, which comes to $15.41. The loan officer says, Sir, we are very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multi-millionaire. What puzzles us is, why would you bother to borrow $5,000?
The Chinese replies: Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return?"
Ah, the mind of the Chinese...
i heard the same thing but with a jewish banker from NY.
I heard a similar story about a guy and a lambo in Phoenix
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
"Better than RichDad PoorDad..." "One of the best books on making money out there..." "Makes Think-and-Grow-Rich seem amateur"
"This book is bad azz!" "Absolutely loved it; couldn't put it down!" "Definitely life changing and paradigm shifting!"
Download FREE Chapters ~ Read the Raves ~ Get the Book ~ Learn More ~ Facebook ~ Twitter
Seen the same story on here under the mind of a millionaire.
Still brings a smile to my face when i read it and its nice to hear different versions.
Book links provided by Amazon.com affiliate program. Sponsored ads/links are not endorsements or recommendations from MJ DeMarco and/or Viperion Corporation.
There are currently 1 users browsing this thread. (0 members and 1 guests)