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Okay...has anyone 'subsidized' themselves yet?

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u4ic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:06 PM
Original message
Okay...has anyone 'subsidized' themselves yet?
Edited on Sun Jul-29-07 11:06 PM by u4ic
If I took all my savings of one bank account and putting it in the other, and then doing the same again, I'd be twice as rich, right?

:think:
















yes, it's a copycat...
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petronius Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:10 PM
Response to Original message
1. I loaned half of my money to myself at 20% interest
Once I've paid it all back, I'll have made a huge profit (I tried to charge 30%, but I wasn't going for that deal)...
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u4ic Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:24 PM
Response to Reply #1
2. I gotta try that!
but since I know my vulnerabilities that well, I think I could find a way to swing 40% interest...
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Oeditpus Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:28 PM
Response to Reply #1
3. Whatcha gotta do if you wanna get rich
is put your 401(k) into mutual funds.

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petronius Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-29-07 11:40 PM
Response to Reply #3
4. But wouldn't it be faster if I took out a big cash advance on my CC
and started day trading? I mean, if long-term investing was really the way to do it, then why is the market open every day? :shrug:
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