Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 day agoPassive incomelemmy.worldimagemessage-square97fedilinkarrow-up11.4Karrow-down112
arrow-up11.39Karrow-down1imagePassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 day agomessage-square97fedilink
minus-squareZoidberg@lemm.eelinkfedilinkEnglisharrow-up40arrow-down1·15 hours 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-squareCralder@lemmy.worldlinkfedilinkEnglisharrow-up26·edit-211 hours agoPretty sure the post assumes you have $3m just sitting in your bank account.
minus-squareLemmchen@feddit.orglinkfedilinkEnglisharrow-up8·9 hours 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.