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I'm thinking IF you have to ask whether it's a good idea or not,...

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ammie

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17/04/21

15:47

Post #: 52538469
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Originally posted by TraderRR: ↑

depends if you know what you are doing
last year i spent all my money on wedding, new house, new car and had a kiddy so spent up all my free cash flow

i maxed out a $10k credit card on 18months interest free
used that 10k and turned it into six figures in 8months
used it for free cash flow to build wealth now ive closed that card, re applied for a pointe card and now gog $500 cash back.

if you use the cc as a cashflow tool if your tight of cash it can help but if your intention is to gamble and you have no clue or record of successful trading then i wont recommend what ive done above

not financial advice, just sharing my personal
experience. If not for that $10k card i probably would not be where i am now
traderrr

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I'm thinking IF you have to ask whether it's a good idea or not, then it's not.

Well done on your success last year and congratulations on your wedding and new baby.
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