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Old Feb 20, 2014 | 12:21 pm
  #33  
AlohaDaveKennedy
 
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
Big MS is no game for the undercapitalized. Always diversify your MS using multiple opportunities and always mind your cash flow.


Originally Posted by Father-of-3
I think a missing question might be 'how much can you afford to see locked up for 30-60 days'. Many MS vehicles end up getting .... down and sometimes you have to wait for your money. Netspend was very popular before Bluebirds but many if us saw $10,000 locked up on Netspend accounts while they ran their risk and fraud ........ before sending a check. The impact of $10k locked up on a debit card is no big deal to a multi-millionaire; or the end of the world to a poor college freshman.
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