Fed cuts rates... again Options

[Spectatrix]

... by three quarters of a percent. Thoughts?

[Spectatrix]

Yes, the carrying a balance thing. Like I said before, your credit report and credit score don't differentiate between carrying a balance and paying off the card every month. Granted, if you only put $50 on your card each month, you're not going to build credit very quickly. Putting a high balance on a card can be good whether you pay it off at the end of the month or pay it down gradually (obviously you wouldn't want to do this unless it's at 0% interest). But most important is simply paying your bills on time and not maxing out your cards.

But if you have an aggresive IRA you are invested in the stock market.

Which is why I said I don't deal with the stock market otherwise.

This post has been edited by Spectatrix: Jan 24 2008, 05:13 PM