/biz/ - Business & Finance

Question.. I was reading some of my credit card spam emails for the hell of it tonight and started thinking about balance transfers.
>I pay off my cards in full at the end of every month
>Good credit score
>Several cards with $5000 + credit line (untapped)
>Recieving 0% APR 12 month balance transfer offers (3% fee for the actual transfer)

... I started processing a request since I'd never utilized one before to see if I could direct deposit to my checking account, and I can. My trading so far over the last 3 months has me up 44%. And I have a job and steady income so if I should take out some credit and lose, I could still pay it off.

Am I being retarded or does it actually make sense to utilize $5000 or $10,000 of my credit line as trading money and just play carefully with it? All my gains after 3% are straight profit excluding Capital gains tax.

Am I missing something?

Also.. $USCR today

>>9676502
Okie dokie, I think I can hold off that long
added some bourbon to my coffee