Comments on: Investing off a credit card?

By: Yada Yada Yada

Yada Yada Yada — Thu, 11 Sep 2008 09:18:11 +0000

I don’t know why people are giving you so much grief. I’ve had (and have) cards like that that are guaranteed for life at certain rates.

For one year while the rate is that low, yes, the way you lay it out, it makes sense. Just be sure your gain (approx 1-2%) over that time is worth the effort.

Hope that helps!

By: Thin Kaboudit

Thin Kaboudit — Thu, 11 Sep 2008 01:42:08 +0000

NO-ONE loans money for 2% a year! Either that’s a short-term “introductory offer”, a monthly rate, a charge IN ADDITION to the card’s purchase rate, or you just read it wrong!

Or it’s a scam!

By: Bear

Bear — Tue, 09 Sep 2008 05:32:09 +0000

Yes if you like 4% per year minus costs and tax.

If you are really scared of losing money why don’t you learn more about how to make it.

I’m not trying to be rude..my last trading course cost me $3500. I’m not scared to prepare myself for some big wins in the near future.

Education will never go to waste and can make you easily 36% per year..and I learned how to do it!

By: anthony s

anthony s — Tue, 09 Sep 2008 02:02:26 +0000

I think you should read the fine print. Most of the time those are low introductory rates to get you hooked on the card and then after a certain period of time the rates will go up. Make sure you read everything included on the offer of credit it may suprise you.