Archive for June 24th, 2009

Wednesday, June 24th, 2009

Credit Card Arbitrage Being Stomped Out By Transfer Fees; Effectively Dead

According to Bloomberg, Chase will up their balance transfer fee to 5% and with Advanta shutting down their credit card division and banks continuing to cut credit lines, it looks like credit card arbitrage is effectively dead and I suspected as much back in October 2008 but was hoping for a turn around. The math […]

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Wednesday, June 24th, 2009

Lessons Learned During Unemployment: Generics

During my unemployment phase in life, I cut back on nearly every expense and this included not going to Costco. I’d easily spend $1000 per month at Costco on wine, fish, and other great food but with a bleak uncertain future I opted to skip shopping there. Instead I opted to experiment and try some […]

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