Free lunch

I don’t believe the ‘free lunch’ thing, but sometimes when the opportunity presents itself, I’ll take it, and knowing well I’ll be repaying it elsewhere, or already paid: Many credit cards are now offering 0% APR till next year.  So my thinking goes …. all I have to do is paying a fee ($75) to get the money.  With a 6-month CD at 5%, there are plenty free lunches.  Actually come to think about this, a guaranteed 10% annual return is very attractive, in comparison to 0.90% YTD of Dow, 2.12% of S&P.

About The Kibbitzer

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