You're going to like this article as I'm going to talk about generating money from thin air! Yep, you read it correctly, you can actually make money without anything to sell.
Want to know how..?
Have you taken any notice of these credit card companies offering 0% interest free credit for 9 months? Some will even go up to 18 months! I'm sure you have, they're advertised everywhere - TV, Websites, e-mail etc.
You may be thinking, so what?
Let
me tell you why you may want to take more notice of these advertisements. Almost anyone can get a credit card these days no matter how much debt they seem to be in. It seems the banks just want to throw money at you.
I say, let them throw the money at me, I'll gladly take it - thank you very much.
Most people will do exactly that, but don't bother to pay it back before the interest free period is over. This is exactly what the banks and credit card companies want you do do.
Now, here is the interesting part...
Take the free money they are offering you and invest it - SIMPLE!!!!!!!
Here is an example:
Before I start and you sceptics start saying that's not possible, please hear me out.
1) Lets say you get a credit card limit of £5,000 interest free for 18 months. (I have done this myself so I know these deals are out there).
2) You invest this money into a investment fund that grows at 20% over 12 months. This will give you a profit of £1,000 and take your money up to £6,000.
3) You keep that money in the same investment fund for another 6 months and it grows at a further 10%.
How much do you now have?
£6,500? - No!
You have £6,600!
Why do you have £6,600? Because of the wonderful world of compound interest.
Here's the maths....
£5000 + 20% = £6000 (First 12 months)
£6000 + 10% = £6600 (Final 6 months)
How do you like that? You have just made £1600 from thin air.
Oh, I forgot to say that this £1600 is TAX FREE!
I know you're thinking that it's not possible to grow your money at 20% a year tax free. I promise you it is because I do it myself and it's far easier than most people would ever realise. If you don't know how, I suggest you stick with me because I will be revealing all soon.
