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Really unpossible

Believe it or not, you cannot actually profit from loaning money to yourself.

2 Responses to “Really unpossible”

  1. chris Says:

    The Fed has loaned billions (which used to be a lot of money to Goldman Sachs and Morgan Stanley at .25 – .5% interest, which they used to purchase T – bills at 4.00% interest.

  2. treefroggy Says:

    If I loan myself $5000 and fail to pay myself back, can I write off the $5000 on my taxes as a bad debt ?

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