As many of you know, I take low-interest loans from credit cards and buy dividend paying stocks with above average yield. In other words, I borrow money to invest in stock market. I have been using this investment strategy for almost 5 years now and was able to build over $230K assets with … [Read more...]
Scotiabank American Express Gold rewards card – My one month experience
A few months ago, I received a pre-approved American express gold reward card from Scotiabank with more than 45 000 bonus rewards points ($450 value) and no annual fee for first year, worth $99. At the same time, I received another credit card offer, Aeroplane via infinite, from TD bank with some … [Read more...]
American Express gold rewards card vs TD Aeroplan visa infinite credit card
Last updated: April 22, 2014 Last month I received two pre-approved credits cards offers with some bonus features from two fabulous Canadian banks. The first is the Scotiabank Gold American Express and the second one is the TD Aeroplan Visa Infinite. The Scotia American express reward card … [Read more...]
I borrow money to invest in stocks (leverage investing)
Last updated: March 31, 2014 If you look at my net worth updates, you can see that I have a lots of credit card debts. Yes, I borrow money to invest in stocks. I use those low interest (maximum 1.99% interest rate) credit card loans to invest in high quality dividend stocks because taking modest … [Read more...]
Credit cards for bad credit
Last updated: March 18, 2014 Like internet and cell phones, these days life, credit cards are required for almost everything - from making purchase in internet to reserving hotel rooms. Good credit history can make things a lot easier, but if you have bad credit history or no credits, do not worry … [Read more...]