xilinx_altera

bchadwick Wrote:
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> I've occasionally bought computer equipment with 6
> month or 1 year free financing. Then taken the
> cash I would have paid for the product and put it
> in a high yield savings account. Then paid the
> bill just before it's due.
>
> It works, but I'm not really sure the stress of
> remembering to jump through all the hoops is worth
> the trouble for an extra 1% on a few hundred or
> thousand dollars. 1% = $10 per $1000 of principal
> over the course of a year.
>
> Some cards have 0% interest but minimum monthly
> payments you have to make. One mistake, and
> they'll whack you with 18-25%, sometimes
> retroactively. It's definitely not arbitrage,
> because true arbitrage is risk-free. It's a game
> of "can I pay you $10 for time to invent a silly
> excuse to get you to pay the penalty rate."

Yeah Bchadwick I was think more along these lines. I have loans due at 8% interest which have to be paid in cash, can't put them on credit cards. I was think of just putting everything on my cc, running it up a couple of grand and using that money I would have paid toward gas, groceries etc. in cash, towards my loans. This seems like a 100% risk free way to make the spread as long as you make the monthly 15$ payments and can deliver at the end.