They say credit is good to have but bad to use, but if you are disciplined and have good credit and income and/or fiat you can build up real wealth by leveraging, and if you have direct deposit(s) you can magnify the return tremendously. This works with gold, but even better with silver.
Credit Cards can be had with welcome bonuses, cashback, and 0 APR. Banks Also Offer Welcome Bonuses for Checking Accounts mostly with Direct Deposits required, but not all I'll post my latest deal in the next paragraph. This strategy isn't risky because you are acquiring real money and can sell it to pay back if your situation changes and warrants it. Bonus is helping to bring down the corrupt system.
Bought 1 Kilo of silver for $1,065.75 (25 cents over Spot of 32.90) Paypal fee 31.97 for a total of 1097.72.. New CC has only 1,000 limit so the 97.72 was placed on a CC that negates PayPal fee for itself. So CC came with a 200 Welcome bonus and has 1.5% cashback so that brings the 1,000 down to 785 then add in the 97.72 for a total of 882.72 Bringing the price per oz to 27.45.
Then the bank the CC is with offers a 400 welcome bonus for checking which reduces the cost per oz to 14.99, nifty when the spot price is 32.90.
This is the best I have done yet, but I have bought bullion in similar transactions with always coming out well below spot.
I'm done for now, time to pay off the cards before interest kicks in. I paid off mid 5 figures since I started stacking 20 months ago and haven't paid 1 cent of interest.
Pretty safe since I bought real money, have 0 APR, and my SS covers my bills. I work a 40 hour FT and 24 PT job currently. I also pay bills early and some bills ahead. I have a CC that gives 5% cash back on Electric and mass transit. Next quarter I keep mass transit but switch to cellphone from electric. Pay ahead 2000 for 100 cash back heck yeah!
Groceries I have a 6% Amex with 95 yearly fee, we both shop for groceries then my wife uses it for other purchases except Amazon since I have 5% prime and the Amex is 6% back only on groceries.
They say credit is good to have but bad to use, but if you are disciplined and have good credit and income and/or fiat you can build up real wealth by leveraging, and if you have direct deposit(s) you can magnify the return tremendously. This works with gold, but even better with silver.
Credit Cards can be had with welcome bonuses, cashback, and 0 APR. Banks Also Offer Welcome Bonuses for Checking Accounts mostly with Direct Deposits required, but not all I'll post my latest deal in the next paragraph. This strategy isn't risky because you are acquiring real money and can sell it to pay back if your situation changes and warrants it. Bonus is helping to bring down the corrupt system.
Bought 1 Kilo of silver for $1,065.75 (25 cents over Spot of 32.90) Paypal fee 31.97 for a total of 1097.72.. New CC has only 1,000 limit so the 97.72 was placed on a CC that negates PayPal fee for itself. So CC came with a 200 Welcome bonus and has 1.5% cashback so that brings the 1,000 down to 785 then add in the 97.72 for a total of 882.72 Bringing the price per oz to 27.45.
Then the bank the CC is with offers a 400 welcome bonus for checking which reduces the cost per oz to 14.99, nifty when the spot price is 32.90.
This is the best I have done yet, but I have bought bullion in similar transactions with always coming out well below spot.
Hope it works out for you. I've bought a shitload,over the last 4 years and am not buying more.
I'm done for now, time to pay off the cards before interest kicks in. I paid off mid 5 figures since I started stacking 20 months ago and haven't paid 1 cent of interest.
I post about this in hopes some of my GAW frens will find it useful
I did this in the 90’s lol - not for the faint of heart… in theory, one could run up some cc’s in anticipation of nesara, but timing is everything lol
Pretty safe since I bought real money, have 0 APR, and my SS covers my bills. I work a 40 hour FT and 24 PT job currently. I also pay bills early and some bills ahead. I have a CC that gives 5% cash back on Electric and mass transit. Next quarter I keep mass transit but switch to cellphone from electric. Pay ahead 2000 for 100 cash back heck yeah!
Groceries I have a 6% Amex with 95 yearly fee, we both shop for groceries then my wife uses it for other purchases except Amazon since I have 5% prime and the Amex is 6% back only on groceries.
I have a few other tricks other than stacking
W