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John_Darksoul (john_darksoul@poa.st)'s status on Monday, 30-Dec-2024 08:09:02 JST John_Darksoul @BowsacNoodle Doing this now. The $20k would be a godsend. I’m barely making by 🙏 -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 30-Dec-2024 08:09:01 JST BowserNoodle ☦️ @John_Darksoul If one has enough credit, one could theoretically open some margin accounts and arbitrage positively from something like this... hypothetically. -
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Turdicus (turdicus@poa.st)'s status on Monday, 30-Dec-2024 08:10:48 JST Turdicus @BowsacNoodle @John_Darksoul my credit is decent but I don’t think it’s 3 million decent
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 30-Dec-2024 08:12:43 JST BowserNoodle ☦️ @Turdicus @John_Darksoul Theoretically one could do it on a smaller scale. Borrowing until one has enough assets to get a better asset based rate to borrow to repay original loans while still having leveraged cash. Being rich is cheating because all the normal perks and benefits like credit card points also apply to things like borrowing for less. -
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John_Darksoul (john_darksoul@poa.st)'s status on Monday, 30-Dec-2024 08:30:19 JST John_Darksoul @BowsacNoodle @Turdicus Arbitrage on bond interest? I didn’t think that was possible due to every lender always giving you a shittier rate. BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 30-Dec-2024 08:35:40 JST BowserNoodle ☦️ @John_Darksoul @Turdicus Margin rates are low right now and based on floating rate.
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