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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Wyätt Gwyön who wrote (10058)7/31/2004 10:41:48 AM
From: mishedlo  Read Replies (3) of 116555
 
From Splotto on Credit Card Offers

Well, the other day we got our first '0% for 18 months' offer in the longest time (I think the last one was 12 months ago) from one of the credit cards.

Naturally I snapped it up and moved $12k from my 5.65% mortgage to the card for 18 months. So I will put $600 a month in my ING account (earning 2.1% right now) and pay off the card in 18 months.

Living the carry trade,
Splotto
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