«Prudent investors should own stocks and hedge with put spreads instead of
running high cash balances,» said Fishman.
Not exact matches
Cards with great travel or
cash back rewards will cost you more in the long
run if you're constantly paying a
high interest rate on your
balance.
There is a
cash advance fee of either $ 10 or 5 % (whichever value is
higher is used), and
balance transfer fees
run at a rate of 3 %.
Outerwall has historically produced
high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of
cash flow (an attractive business), but it has been
run similar to companies that get purchased by private equity firms — leverage up the
balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at risk».
Last June I wrote about my personal finance application cycle, in which I applied for a Chase Slate and Citi Double
Cash credit card in order to
run up
high balances and use the resulting negative - interest - rate loans to finance other projects.
A line of credit is relatively cheap money, and it can enable the firm to maintain partner distributions on a more regular basis or
run its
cash management closer to a zero
balance, often for the purpose of enabling
higher draws to partners during the year.