didYOUsearch said:for example, I could take 145k and buy 30-60 cheap used cars.

They would fit nicely in my 60-car garage.

OP needs to chill out and lay off the greed or else he's going to end up like Long Term Capital Management.

I'm with DYS on this one: zero risk should be the watchword on BT investing. While all the more true for many of the less seasoned readers of this thread, that doesn't make it less wise for you...

You have plenty of other cash to put in riskier stuff. Why not consider this the conservative portion of a balanced portfolio? Indeed, when you consider that BT money is really being short bonds (which happen to carry little-to-no interest), having short-term riskless instruments to offset the BTs is really only bringing the cash/low risk portion of your portfolio to net-0%.

Moreover, as explained more completely on my CC/BT thread, depending on your profile I think you're courting trouble as it is going for 85/90% on most of these lines. Just because your fico hasn't dropped hard yet doesn't mean you won't soon experience adverse action. If you like this game, you want to be in it for the long haul, no?

(typo edit only)

DaveHanson

You obviously are deeper in this than I. But DUDE seriously I cannot make all the mechanations you do in and out on a monthly basis. You need a good FICO as you continuosly buy/sell RE and mortgages - correct. I spent the better part of an hour trying to figure out "how" you were doing all that you do. FOR ME What if my fico drops 100 points for % utilization per CC (remember i will have a number of high CL cards with NO utilization whatsoever. I am not buying a house. I do not need a car loan. It will not affect me in my profession. I do not even need car insurance other than liability. How will 650 (or 620) vs. 780 change my life? Let me know if I am missing something

Regarding FICO damage from inquiries

See in OP where i clearly stated
__________________________________
#1 I did do the AOR thing all over 2 days over 5 weeks ago. My fico score has not dropped that much due to inquiries. It really was a non-issue.
_____________________________

Specifically, 5 points total on all the inquiries - 8
and 5 points on 5 new accounts so far. Myfico.com send alerts to my cell phone so i will honestly list here what happens when all new accounts and % utilization hits.

But i will inform

[

i read that thread very very closely and saw more adverse consequences from patterns such as taking out huge amounts and paying back immediately, overpaying to get a check back, etc. I also did pm mbaker4096 multiple weeks ago to get his response.

I guess time will tell, but I know many many people WAY overextended at very high rates and the CC applications are stuffing their mailboxes daily.

remember i do not need credit cards. I have been living on a credit union debit card for 9 years. I rarely carry cash.

But thanks for the forewarning. I will keep you posted b/c i am there.

also FYI i have an income that does not make $145,000 in debt a high debt to income ratio.

Back to the Original Question of OP - higher return.
Since you've done trading before, you must be familiar with Interactive Brokers.
However, one can invest with them with no trading.

They do offer 8% commercial notes to investors who qualify.

[Edited - had to withdraw verbatim language due to notice below.]

These are not insured, so you risk the principal if IB goes under.

Do you have a Patelco Credit Union nearby? I think their treasury income account is up to 5.2% right now. Not FDIC insured, but it has private insurance and I view it as pretty much a guaranteed rate. Patelco has been around a long time.

The account has withdrawl restrictions, I think it's a month notice in advance to withdraw funds, but you can reinsert money into the account at anytime. Do a search for Patelco and you can read up about it yourself.

If you haven't opened one yet, open an everbank checking account, you'll get 5.51% for 3 months.

I did something similar 10 months ago and my 0%'s are coming do soon.
Have $65,000 with MBNA. applied for 2 cards the same day, combined the card talking to a rep and they sent me a check with only 1 $75 fee

did dimilar with chase to get a 50,000 cl but got bt no fee, though they dont credit chking account so i had to shift money around and use the free cash advance feature of my capital one card.

Also got 14000 from citi, already had a 25,000 2.99 for life card with them. citi sent me a check no bt fee

IB requests that details of the offering not be publically disseminated. The poster is in violation of that agreement.