The gaming of any system.
Last September I detailed the process of buying coins from the US Mint using a rewards credit card and their free direct shipping program. You take the coins and put them in your money market account where you gain interest on the float while you wait for your credit card statement then pay off the …
US Mint Circulating $1 Coin Direct Ship Program Update Read More »
Okay, my headline is a bit sensationalistic, but it’s not far from the truth in my latest profitable personal finance adventure. You see the US Mint has a problem. It wants to replace the paper version of the US dollar with the coin version because the paper version wears out much more quickly and increases …
Many of you will recall my excitement in early April when I moved my cash over to my bridge account which generates interest based on the returns of the S&P 500. June has proved what an absolutely brilliant move that was (note sarcasm). Wow, what an awful month. I was really doing great until about …
Getting Gamed by NC State Employee’s Bridge Account Read More »
First let me describe what a bridge account is, and then I’ll go into how I’m gaming it. In mid 2007, my credit union began to offer what they call a bridge account. The account is set up with the intent of convincing the novice or reluctant investor to enter the stock market. What happens …
Gaming the NC SECU Bridge Account as a Boost for Declining Interest Rates Read More »
