The Infinite Money Glitch — How to Activate It and Why It Might Not Last
It is hard to comprehend the infinite money glitch. Partly because we desperately want the world to be fair. Wealth should be determined by hard work and merit, not by gaming the system.
The world is as fair as the games at a carnival. The only thing that is remotely fair is that we are all playing the same game. Some of us start in a better position, but you can only fix the equality problem for the generations that come after you.
In this article, I will try to show you the money glitch is real and the ways people are activating it. There is no investment advice in this article, just some ideas to mull over.
The money glitch, in essence, is very simple. You find an arbitrage opportunity and you milk it dry. For example, I can get a loan in Germany at 3.6% interest and invest that money in something paying a higher return. I like the BMO Canadian High Dividend Covered Call ETF which pays a 7% dividend at current prices. I pay back the loan and net the difference. It requires less than an hour of my time and the amount I earn is a factor of how much I borrow multiplied by the spread. Rinse and repeat for as long as the opportunity is there.
