Don't invest with credit card advance - 3/21/05

 Don't invest with credit card advance Even if you can afford to lose the cash, it's not the best idea; beware of scams, too. By Dee Dee Sung / Special to The Detroit News Comment on this story Send this story to a friend Get Home Delivery Q. I have a one-year interest-free credit card. Should I take a cash advance and use it to invest in the stock market, mutual funds or possibly use it as a down payment on an investment property? A: A lot of people ask me this question. My answer is very simple: Never invest money that you can't afford to lose! All too often, a projected return on an investment can be very tempting, especially where there's money to be made. There are so many promises of surefire investments, huge returns and small fortunes being made overnight. Every offer seems to come with a great sense of urgency and often you must come up with the cash in a moment's notice.  "Check out Utah Cash Advance Loan Centers."