Strategy

Continuing the previous YieldStreet investment, I will initiate new balance transfers to payoff debt from the 3rd round.

Total Balance Transfers: $200,200

Date Credit Card Promotion Cash Balance
10/31/2018 Citi Double Cash 10m/0%/5% $26,800 $28,140
10/31/2018 Citi Diamond Preferred 10m/0%/5% $27,200 $28,016
10/31/2018 Citi Dividend 10m/0%/3% $24,400 $25,620
10/31/2018 Barclaycard NFL Extra Points 14m/0%/3% $19,000 $19,570
10/31/2018 Chase Freedom 12m/0%/3% $9,000 $9,270
11/05/2018 Discover it 12m/0%/3% $13,000 $13,390
11/06/2018 Bank of America Cash Rewards 12m/0%/3% $19,800 $20,394
11/13/2018 Alliant Credit Union Visa Platinum 12m/0%/2% $24,000 $24,480
11/16/2018 U.S. Bank Cash 365 American Express 12m/0%/3% $10,000 $10,300
11/27/2018 Discover it 9m/0%/3% $27,000 $27,810
Total 11 months, 0% APR, 3.49% fee $200,200 $206,990

I’ve transferred a total balance of $200,200 from 10 different credit cards. The cost of borrowing was 3.49% or $6,790 for 11 months.

Return On Investment (ROI): 8.20%

Description Net Profit/Loss Net Return
Law Firm Financing VII (YieldStreet) $23,398 11.69%
Balance Transfer Fees ($6,790) (3.49%)
Total Return On Investment $16,608 8.20%

An estimated return on YieldStreet investment over 11 months is 11.69%. After subtracting the balance transfer fees, my estimated ROI for this round is 8.20%.