Thread: free money
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Old 10-21-2005, 02:49 PM   #3 (permalink)
clavus
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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?
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