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Mother Of All Financial Evils – Part 2

  • August 27, 2006

As I mentioned in my previous blog entry about margin, I tried a little experiment to see if I could come out ahead by using a credit card balance transfer offer at 3.99% fixed APR. This APR would stay fixed at 3.99% until the balance was paid off in full and hence there were no immediate time constraints and I did not have to worry about margin calls.

I invested this amount in three stocks and one Exchange Traded Fund (ETF). I picked one international stock, one high dividend yielding stock and one high risk/return stock. All three stocks were featured in previous editions of InsideArbitrage. The high risk/return stock I picked was VA Software (LNUX) and it has provided the best returns to date with a gain of over 150%.

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