Flying Squid to Microblog MemesEnglish • 2 months agoPassive incomeimagemessage-square130arrow-up11.66Karrow-down115
arrow-up11.64Karrow-down1imagePassive incomeFlying Squid to Microblog MemesEnglish • 2 months agomessage-square130
minus-square@[email protected]linkfedilinkEnglish39•2 months agoWhat a silly post… First, where are you going to find a 8% treasury bond? Even a few months ago, when they were giving record yields, it didn’t even get close to that. Second, if you borrow $3m with high interest rates (needed to get high yield treasurys) you’ll also pay a high rate on your loan. Duh.
minus-squareCralderlinkEnglish34•edit-22 months agoPretty sure the post assumes you have $3m just sitting in your bank account.
minus-square@[email protected]linkfedilinkEnglish9•2 months agoEven then there’s no investment with guaranteed 8% interest.
What a silly post…
First, where are you going to find a 8% treasury bond? Even a few months ago, when they were giving record yields, it didn’t even get close to that.
Second, if you borrow $3m with high interest rates (needed to get high yield treasurys) you’ll also pay a high rate on your loan. Duh.
Pretty sure the post assumes you have $3m just sitting in your bank account.
Even then there’s no investment with guaranteed 8% interest.