Fibbing Friday – March 18

Fibbing Friday is brought to us alternating weeks from Frank at PCGuyIV and Di at Pensivity101. Frank is the host of this weeks questions, to which we must create lie s to answer.

  1. What does the acronym FDIC stand for? I was sure everybody was aware that this meant Fuddy Duddys In Charge.
  2. What’s the difference between APR and APY? APR  is the money you annually pay for rent. APY is the new charges or about to pay yearly.
  3. What’s the difference between a bank and a credit union? It is common knowledge that criminals teach each other how to rob a bank. There is currently no schooling as to how to rob a credit union. 
  4. What exactly is a CPA? Someone who Can’t Pay Alimony
  5. What’s so important about April 15th in the United States? April 15th here is when Uncle Sam comes out of his vault to try and see his shadow. If he sees it you owe tax money and if he does not you get a tax refund.
  6. In the United States, what function does the IRS serve? In the US of A, the IRS are a group of hunters who examine bank accounts and then come spying into private homes to steal any savings they might have.
  7. What is a Foreign Exchange Rate? The FER is how many days you lose when you travel out of your country. For Americans it is more than other travelers because we never know what time zone we are in anyway. 
  8. What is the S & P Index? This is an easy one. It is the list I keep for all my salt and pepper shakers. Now that I an down to only three or four hundred, it is much easier to cross reference them.
  9. What’s the difference between a bull market and a bear market? I a bull market, they lie to you repeatedly. In a bear market they just avoid telling you anything and act  like they are hibernating
  10. What is the difference between a traditional IRA and a Roth IRA? In a traditional IRA, you are treated to cookies and milk. In a Roth IRA you get tea and biscuits. 

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