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0 pointskrallja4y ago0 comments

> ultraconservative investment vehicle

Which pays less than 1% APR. Over six weeks. On a purchase of $271. Congratulations, you saved 31¢.

0 comments

I probably wouldn’t bother for a $271 purchase but if we’re talking a several thousand dollar computer financed over a year, sure. Worth a few bucks.

You'll get back 1$ every 1000$. (1000 x 0.01 x 6 / 52). 8$ if you invest in the market long term and get a 8% return.

Not worth the headache in any case. This is a tool to allow poor people to get even more in debt.

j / k navigate · click thread line to collapse

I probably wouldn’t bother for a $271 purchase but if we’re talking a several thousand dollar computer financed over a year, sure. Worth a few bucks.

You'll get back 1$ every 1000$. (1000 x 0.01 x 6 / 52). 8$ if you invest in the market long term and get a 8% return.

Not worth the headache in any case. This is a tool to allow poor people to get even more in debt.

j / k navigate · click thread line to collapse