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Originally Posted by jamesqf
So where do you find a checking account that pays more than token interest these days?
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Credit union rewards checking accounts. Google for the latest info on who has the highest interest rate. I had my money parked in Iowa for years, and I've never been to Iowa.
Quote:
Originally Posted by Xist
They get a cash advance? Or just use it to invest?
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I haven't fully researched this yet, but there are various ways to liquidate the credit that doesn't incur fees, or at least has a very small fee. For a while I was buying Amex gift cards with my credit card, then buying visa prepaid debit cards with those. The internet calls that "churn". Useful for meeting credit card spending requirements to earn their $500 bonus reward.
Robert wasn't specific on advice because the point is that being rich is a behavior, not a specific investment strategy. The whole point is to avoid liabilities and invest in things that will earn you money.