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Saturday, October 07, 2006 12:07:49 AM
Actually there is even a way around the high rate. Open a new card that offers 1.9% or even 0% APR for a 6 months or so. Then open an account on Neteller, deposit money into the account using the CC and only pay a one time 3.9% fee for the deposit plus the 1.9 APR charged by the CC if you keep the balance. Then withdraw the money out of Neteller into your bank account. Its the perfect way to do a cash advance without raking up fees and high interest rates.
How to trade....
1. Find opportunities in your circle of competence.
2. Be greedy when others are fearful.
3. Buy when your margin of safety is highest.
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