I covered the idea of putting the money into a CD in my comment. Even if you get... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		nirvana on Sept 22, 2011 \| parent \| context \| favorite \| on: Don't try this at home. How credit card arbitrage ... I covered the idea of putting the money into a CD in my comment. Even if you get a CD that returns %6, you'd need $400k in debt to raise the $20k. Maybe mentioning gold is "politically incorrect" and so I'm getting down votes and disagreement, when the gist of my comment was talking about different ways you could arbitrage to raise money for a startup.

justincormack on Sept 22, 2011 [–]

No you are talking about different ways you could speculate to fund a startup. Thats not arbitrage.

nirvana on Sept 23, 2011 | [–]

If you provided a counter argument, I could respect that. Instead you're lying about what I've said, and that's worse than useless.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact