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Schwab's pitch (like that of Fidelity and others with supermarkets): You pay nothing extra for this convenience.
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To pay you nothing devalues me as much as it devalues you.
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What if, before you die, you get a pay off and it costs you nothing?
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If not, remember that the bond you purchase should pay par at maturity, so if nothing changes with the company and you intend to hold the paper until it matures, you should be fine.
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If you don't want to pay the asking price, just wait six months and you could get him for nothing.
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The point is: Why pay 20% when you can do better paying nothing and being a couch potato?
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More specifically, Bloomberg is reporting that Amazon is exploring a mobile payment service based on NFC technology, which would let you pay for items and receive things like loyalty points using nothing other than an NFC-equipped cellphone.
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And unless you're physically unable to do things like turn off lights or answer the door, would you pay a few thousand dollars (Honda's press release says nothing about what Asimo might cost) for that kind of help?
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If you pay below the minimum plateau, the credit card company will treat you as if you paid nothing and apply penalties and delinquency.
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Nothing wrong in borrowing to cover short-term expenses if you know you will generate enough money to pay back the debt plus interest.
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