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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (42575)9/29/2005 1:20:44 AM
From: benwood  Respond to of 110194
 
I fiddled with a carry trade a few years ago, '00 to '01 I suppose, when I was getting 6% risk free for a year. Haven't messed with it since then though.

$10 on 8000.... that would take infinity plus one months (or is it years?) to pay off. No wonder the GOP defeated that DEM-sponsored rider to put the # months it would take to pay off the balance at the rate of the minimum payment -- they knew that the infinity symbol would just confuse the sheeple. Better to tape a valium on that spot instead.