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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: BGR who wrote (50143)6/29/1999 11:42:00 PM
From: per strandberg  Read Replies (3) of 86076
 
BGR,

I see these credit card ads all over the net.
They offer 2.9% IAPR, up to $20K in credit, instant online approval.

For what period of time can you borrow at that interest?

Why isn't everybody doing the CC/T30 carry trade?
Even 3% difference gives a terrific ROE when you are on 100% margin.

There were 3 conditions: Over 18, US citizen, Income over $15K/year.
I failed one condition (won't tell which) so I have to ask.

Regards
Per S
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