Is it wise to get a high loan at interest, pay off that loan with a 0% APR credit line, then reinvest it?

Paying a portion or paying all of that loan with credit at 0% APR. Afterwards reinvesting it to performing stocks or forex before the 0% APR switches to a fixed or variable rate???

Anytime you can borrow money for a lower rate that you can invest it at, it is a good idea....just ask any banker. One thing to watch is the fees from the loan and balance transfer. If all of the fees add up to more than 2%-3% of the loan amount then this idea will be a little riskier and not as profitable. The key is making sure that you pick a solid investment. Unless it is a governement bond or other riskless investment, there is no way to be sure that you won't lose some of your money and have to cover the rest to pay back the loan when it switches to a higher rate. It is definately a gamble, but could be quite lucrative if done correctly.

Tags

　　Small Business 　　Renting & Real Estate 　　Personal Finance 　　Investing 　　Insurance 　　Credit 　　Corporations

Related information

Anyone interested in assisting investing on getting my funds here from Japan?

Is this some loan that your getting and you need to pay some large transfer fee in order to have the funds released? If so don't do it, it is a huge scam. I have been scammed by one just like ...

Is the Iraqi Dinar Going to Rise in Value Anytime Soon?

I've seen at least half a dozen Iraqi dinar questions here and am beginning to suspect they come from returning US servicemen. I don't even know where, how, or why anybody else would...

Swisscashguide.com and Suntraders.com?

Be careful of companies giving high yield investment return of your deposit - specially those without a track record. If the return on deposit is much higher than what a bank in your countr...

Y are people crazy about shares?

not at all. we are not crazy about shares we are crazy for earning in very short period earning. which facility provided only in markrt. what ever the market is.

...

Why Ispat Share is increasing like this ? Daily 5% increase. Is it secure to hold this share ?

I have seen a very good and usefull dicussion forum on stock market- www.onlimoney.com where you can disuss stock market and commodities.

...

I want to learn more on investing do i need an account or something?

You can find all the basic info you need on websites for free. This site should give you the starting basic info you need. ...

Active stock traders .-- whats a good strategy for the market these days? Cash?Puts?Calls?etc.-help!?

get out well you still have mony. or go low risk low gain bonds.

...

What is the best program under $20/mo...?

Try the analysis, stock lists, investment tools, learning center and workshops from Investor's Business Daily, I believe they offer a free trial as well.

...