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clavus · 10-21-2005, 02:49 PM

Think a little bigger and it makes more sense.
$200,000 line o' credit = $650
Sure, it ain't much. But let's examine home much effort it takes.

15 minutes on the phone to secure the LOC.
10 minutes to buy the CD
2 minutes / month to write a check on the LOC interest.

Let's put it another way. Would you spend two minutes to make $100? Would you do it every month for six months? Would you do it even if you had to work for 25 whole minutes up front and only make $50 for that time?

10-21-2005, 02:49 PM	#3 (permalink)
clavus pow! Location: NorCal	Think a little bigger and it makes more sense. $200,000 line o' credit = $650 Sure, it ain't much. But let's examine home much effort it takes. 15 minutes on the phone to secure the LOC. 10 minutes to buy the CD 2 minutes / month to write a check on the LOC interest. Let's put it another way. Would you spend two minutes to make $100? Would you do it every month for six months? Would you do it even if you had to work for 25 whole minutes up front and only make $50 for that time? __________________ Ass, gas or grass. Nobody rides for free.