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American Urges
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| Sunsnail |
| I got a credit card and wanna buy a lot of i don't need |
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| MrJiveBoJingles |
Go ahead, then. It's the American way and your patriotic duty. Lift the market with your unnecessary expenses.
;) |
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| Sunsnail |
I think zild actually meant to post this here
| quote: | Originally posted by Zild
Sorry to hear that but I do what I feel like. People get hit by non drunk drivers every day. |
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| Joss Weatherby |
| quote: | Originally posted by Sunsnail
I think zild actually meant to post this here |
lol |
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| Krypton |
| Use it to invest. |
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| Sunsnail |
| IM GONNA BUY STOCKS ON CREDIT! YEAEAAA |
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| Krypton |
lol, you already know my view. Credit cards are evil. But investing in stocks is never done with credit cards...:p
That's called a margin account!
People start businesses with credit cards... |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
lol, you already know my view. Credit cards are evil. But investing in stocks is never done with credit cards...:p
That's called a margin account!
People start businesses with credit cards... |
I avoid credit at all costs... I have no credit file.
I plan on purchasing everything with cash. :) |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
I avoid credit at all costs... I have no credit file.
I plan on purchasing everything with cash. :) |
I got 2 credit cards and I told myself I would pay the balance every month. That lasted less than a month. I maxed both of them out and defaulted on one of them. I cut them up last year but I'm still paying the higher balance off, but I'm no where close to a $0 balance. |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
I got 2 credit cards and I told myself I would pay the balance every month. That lasted less than a month. I maxed both of them out and defaulted on one of them. I cut them up last year but I'm still paying the higher balance off, but I'm no where close to a $0 balance. |
Ouch, the only time I plan on doing anything where I am in debt is shorting or any sort of options that involve margins.
Other than that, nope. |
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| gehzumteufel |
| quote: | Originally posted by Joss Weatherby
I avoid credit at all costs... I have no credit file.
I plan on purchasing everything with cash. :) |
In the US culture and society, this is flat out dumb. You will never own a house. And owning a car through your own means, will take forever. Credit is great, when used wisely. Use it for massive purchases (ie: buying a car, house, or 20k worth of equipment) but make sure you can pay it off within 3-4 months max. If you can't, then you are doing yourself a disservice.
I am currently debt free. I dunno if the one credit card I have is still even open. I haven't used it in like 2-3 years. |
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