#arbitrage

[fanofspooky]

Scream Queen - Alyssa Sutherland

[mandy-lane]

SUSAN SARANDON and RICHARD GERE in

Shall We Dance (2004) Arbitrage (2012) Maybe I Do (2023)

[strategicproperty]

Rental Arbitrage is About To Be The BEST Real Estate Investment of 2020

This might be an exciting time in real estate. This might be the BEST time to invest in rental arbitrage (soon). I didn’t even consider as an airbnb host that it could get better a year ago. But it all is starting to make sense. My facebook – Free Gift Wall Street Journal Business insider marriot closing tenants not paying rent Sean’s Airbnb Sales Course, For Getting Landlords To Say YES To…

Rental Arbitrage is About To Be The BEST Real Estate Investment of 2020

[immoralvon]

Crypto Prices are about to rise!

[gentlemans-code20]

#MotionPicture - Arbitrage

Arbitrage is a 2012 American crime drama film directed by Nicholas Jarecki and starring Richard Gere, Susan Sarandon, Tim Roth and Brit Marling. Filming began in April 2011 in New York City. It opened in U.S. theaters in September 2012.

[imsilverjasmin]

For real, after reading Anterograde Tomorrow and Arbitrage, I can't find any other novel that can fulfill me. These two has such unique angst and truly a masterpiece. I need to move on!

Can someone recommend me a good one like these?

[king-of-men]

Public service announcement: It appears that Paypal is making a *large* error in their exchange rate. As I write, the market rate of USD to NOK is 8.41. It follows that if you use Xoom to send 1000 dollars to Norway, and then some other service (I use TransferWise) to send the resulting 9274 kroner back to the US, you will net a nice profit of about 80 dollars after fees. Not bad for a few minutes’ work (plus a few days of waiting for the transfers to go through). All the better if you use 2000 dollars, obviously. Rinse and repeat until Paypal come to their senses or you hit their transfer limit. You must have both a Norwegian and an American bank account for this to work, or alternatively a trusted friend in the other country to share the profit with, who is willing to tell you their bank-account details and to whom you’re willing to tell yours. And, of course, you need a thousand dollars or so lying around easily accessible; due to the fees I don’t think it’s worth doing with less.

There is a converse, but much smaller, error in the USD/DKK rate, and an error probably too small to make a profit on in USD/EUR. I have not checked other currencies. The NOK mispricing has persisted for more than a week now.

As far as I can tell this is entirely legal and not even in breach of anyone’s terms of service, and to be honest I am amazed that a big company like Paypal would make such an error. This is not some fly-by-night startup; TransferWise is a much newer company and they seem to have managed to code their GetExchangeRate API correctly.

Obvious question is obvious: Why tell people instead of getting rich myself? Well, in fact, I *am* making money off this, but there’s a limit to how much money I have lying around to make US-Norway round trips instead of paying for groceries, and there’s also a limit to allowed transfers per 30-day period in Xoom. So I can’t make *all* the money for myself, and may as well share. I think exploiting this to the practical maximum (which is Xoom’s 30-day limit for “level 2″ customers, to wit, 30k dollars) would net you something like 2000 dollars; not pocket change but not early-retirement money either. In any case the set of people who can take full advantage of this is probably rather small, due to the aforementioned need for a Norwegian and an American bank account, and for having a good amount of money just sitting about waiting for an opportunity to be arbitraged.

[addictivecontradiction]

Arbitrage, 2012