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To: KeepItSimple who wrote (41302)2/19/1999 10:56:00 PM
From: sea_biscuit  Respond to of 164684
 
Don't you need to put up at least 1/2 the amount when you operate a margin account? I have no idea because it is not my style.

And yes, the newbie thinks he's smart because he borrows at the "teaser" rate of 3.9% and if he gets "stuck" in any stock and the teaser rate ends, he rolls over the loan to another new credit card giving a teaser rate...



To: KeepItSimple who wrote (41302)2/20/1999 1:06:00 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
30% ?? Who pays that? How does %3.9 sound; How about 2.9% ? Can you get that on your primary home mogtage? I can get 2.9 for 6 mos by signing the paper and mailing it back, bus reply, with no stamp needed from me.

The 30% thing is a myth. Nobody pays that. The cc co's are tanking because everyone is wise to the intro game. EVERYONE. I've been doing it for over seven years. MBNA annouced yesterday they are getting out of the cc bus.

Let's wake up here.

Victor



To: KeepItSimple who wrote (41302)2/20/1999 1:20:00 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Good luck with the move! That is usually a huge undertaking!
Hope you can dispose of a few things here and there to reduce your moving load.

Victor